Brief: Nordic Mining, Orion Resource Partners Signs $55 Million Binding Investment Agreement

Nordic Mining ASA

23/02/2023 07:23

Feb 23 (Reuters) - Nordic Mining ASA  NOM.OL :
    * NORDIC MINING AND ORION RESOURCE PARTNERS SIGNS USD 55
MILLION
BINDING INVESTMENT AGREEMENT
    * WHOLLY OWNED SUBSIDIARY NORDIC RUTILE AS HAS SIGNED
BINDING
AGREEMENTS WITH A FUND MANAGED BY ORION RESOURCE PARTNERS
    * FOR INVESTMENT IN ENGEBØ RUTILE AND GARNET PROJECT
    * INVESTMENT COMPRISES USD 50 MILLION NON-DILUTIVE ROYALTY
INSTRUMENT TO NORDIC RUTILE AS, USD 5 MILLION IN EQUITY

Source text for Eikon:  ID:nObiWhX0Wa 
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