Orion Minerals secures enhanced capital raising with strong investor backing
Orion Minerals Limited announced on October 3, 2025, that it has increased its capital raising to approximately A$8.6 million, up from an initial target of A$7.7 million. This increase follows additional firm commitments from sophisticated and professional investors, resulting in the placement of approximately 574 million shares at an issue price of 1.5 cents per share. This placement includes participation from Orion chairman Denis Waddell.
Further to this, Orion Minerals confirmed the release of an Appendix 3B – Proposed Issue of Securities, on the Australian Securities Exchange. This document is accessible on the company's website under its investor announcements section, providing shareholders with details on the proposed issue of these securities.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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