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Orion Minerals Limited ( (AU:ORN) ) just unveiled an announcement.
Orion Minerals Limited is currently engaged in a capital raising initiative to secure A$5 million through a placement to sophisticated and professional investors, including its Chairman, Denis Waddell. The outcome of this capital raising effort is anticipated to be announced soon, with trading in Orion shares expected to resume shortly thereafter, potentially impacting the company’s financial positioning and investor relations.
More about Orion Minerals Limited
Orion Minerals Limited is a company incorporated in Australia, primarily involved in the mining industry. It focuses on mineral exploration and development, aiming to capitalize on opportunities within the mining sector.
Average Trading Volume: 1,430,963
Technical Sentiment Signal: Buy
Current Market Cap: A$142.5M
See more data about ORN stock on TipRanks’ Stock Analysis page.