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Orion Minerals Raises A$5.8M, Launches A$4M Share Plan to Boost Copper Projects

11:21am on Tuesday 8th of July, 2025 AEST Mining
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Orion Minerals Raises A$5.8M, Launches A$4M Share Plan to Boost Copper Projects

11:21am on Tuesday 8th of July, 2025 AEST
Key Points
  • Raised ~A$5.8 million via placement of 522 million shares at 1.1 cents each
  • Loan conversions from related parties Tarney Holdings and Ratel Growth included
  • Share Purchase Plan offers existing shareholders up to A$30,000 at placement price
  • Funds earmarked for Prieska Copper Zinc Mine development and Okiep Copper Project
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