News: ORN Orion Minerals Enters Into Agreement With Industrial Development Corporation Of South...

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    Sept 7 (Reuters) - Orion Minerals Ltd (ORN) :

    • HAS ENTERED INTO NON-BINDING TERM SHEETS WITH INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED
    • ENTERED INTO NON-BINDING TERM SHEETS ALSO WITH LULAMILE XATE
    • IDC FUNDING OF PRE-DEVELOPMENT COSTS IN AMOUNT OF ZAR 34.579M WILL BE ADVANCED TO NEW OKIEP MINING COMPANY
    • ORION MINERALS LTD - IDC TO INITIALLY BECOME A 43.75% SHAREHOLDER IN NEW OKIEP MINING COMPANY PROPRIETARY LTD
    • TERM SHEET FOR FUNDING & HISTORICALLY DISADVANTAGED SOUTH AFRICAN OWNERSHIP PARTICIPATION ARRANGEMENTS FOR NEW OKIEP MINING CO
    • IDC TO ADVANCE ITS PRO RATA SHARE OF ZAR79.037 MILLION TOTAL BUDGETED PRE-DEVELOPMENT OPERATING COSTS OF NOM
    • NOM ACQUIRING PROSPECTING RIGHTS & RECENTLY GRANTED MINING RIGHT FROM SOUTHERN AFRICAN TANTALUM MINING PROPRIETARY
    • UPON NOM ACQUIRING SAFTA ASSETS, IDC WILL SELL 22.22% OF ITS SHARES IN NOM TO A BEECO
 
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(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $72.81M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $16.66K 1.666M

Buyers (Bids)

No. Vol. Price($)
3 1239526 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 104054 1
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Last trade - 15.50pm 28/07/2025 (20 minute delay) ?
ORN (ASX) Chart
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