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Orion Minerals Raises A$1.93M Through Share Purchase Plan

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Orion Minerals Raises A$1.93M Through Share Purchase Plan

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

Orion Minerals Limited successfully closed its Share Purchase Plan, raising A$1.93 million, with significant support from South African shareholders. This follows a recent capital raising through a placement and loan conversion, totaling A$5.8 million, as the company accelerates towards production and securing necessary financing.

More about Orion Minerals Limited

Orion Minerals Limited is an Australian company operating in the mining industry. The company focuses on mineral exploration and development, with a particular emphasis on transitioning towards production to create value for stakeholders.

Average Trading Volume: 1,403,392

Technical Sentiment Signal: Sell

Current Market Cap: A$80.1M

For an in-depth examination of ORN stock, go to TipRanks’ Overview page.

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