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Orion Minerals Secures A$5M to Propel Prieska and Okiep Projects Forward
7:01am on Wednesday 1st of October, 2025 AEST
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Mining
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Orion Minerals Secures A$5M to Propel Prieska and Okiep Projects Forward
7:01am on Wednesday 1st of October, 2025 AEST
Key Points
A$5 million capital raise via placement of 333.33 million shares at 1.5 cents each
Funds to support early works at Prieska Copper Zinc Uppers and optimisation at Okiep Copper Project
Chairman Denis Waddell’s associated entity to subscribe for A$1 million, pending shareholder approval
Placement underpins ongoing financing and offtake discussions with Glencore
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