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Orion Minerals Limited ( (AU:ORN) ) has issued an announcement.
Orion Minerals Limited has successfully increased its capital raising to A$8.6 million following additional support from sophisticated and professional investors. This capital injection, achieved through the placement of fully paid ordinary shares, is expected to bolster the company’s financial position and support its ongoing mineral exploration and development activities.
More about Orion Minerals Limited
Orion Minerals Limited is an Australian company listed on the ASX and JSE, operating in the minerals industry. The company focuses on exploration and development of mineral resources, with a particular emphasis on copper and zinc projects.
Average Trading Volume: 1,447,965
Technical Sentiment Signal: Buy
Current Market Cap: A$150M
For detailed information about ORN stock, go to TipRanks’ Stock Analysis page.