Brief: Orion Minerals Says Firm Commitments Received For A Placement To Raise Up To A$13 Million
15/03/2023 24:29
March 15 (Reuters) - Orion Minerals Ltd ORN.AX :
* FIRM COMMITMENTS RECEIVED FOR A TWO-TRANCHE PLACEMENT TO
RAISE
UP TO A$13 MILLION AT 1.5 AU CENTS PER SHARE
* CAPITAL RAISING WILL ALLOW CO TO SETTLE OUTSTANDING AMOUNT
OF
ANGLO AMERICAN SEFA MINING FUND LOAN FACILITY, AMONG OTHERS
* CLOVER ALLOYS SUBSCRIBING FOR 440 MILLION SHARES UNDER
PLACEMENT
Source text for Eikon: ID:nASX641XGS
Further company coverage: ORN.AX
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