FilingReader Intelligence

Orion Minerals launches A$4m share purchase plan

July 15, 2025 at 09:02 PM UTCBy FilingReader AI

Orion Minerals Limited has launched a share purchase plan aiming to raise approximately A$4 million. Eligible shareholders can subscribe for new shares from A$170 up to a maximum of A$30,000 at 1.1 cents per share.

This mirrors the price from a recent placement that raised A$5.8 million and issued approximately 522 million shares.

Funds will support development of the Prieska Copper Zinc Mine, including dewatering and site works, mine development studies at the Okiep Copper Project, and general working capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

JSE:ORNEJohannesburg Stock Exchange

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