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Orion Minerals Ltd Announces New Securities Issuance

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Orion Minerals Ltd Announces New Securities Issuance

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Orion Minerals Limited ( (AU:ORN) ) has issued an announcement.

Orion Minerals Ltd has announced a new issuance of 170,696,342 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code ORN. This move is part of a previously announced transaction, indicating a strategic step to enhance the company’s capital structure and potentially improve its market positioning.

More about Orion Minerals Limited

Average Trading Volume: 1,403,392

Technical Sentiment Signal: Sell

Current Market Cap: A$80.1M

For a thorough assessment of ORN stock, go to TipRanks’ Stock Analysis page.

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