ORN 0.00% 1.7¢ orion minerals ltd

News: ORN Orion Minerals Says Firm Commitments Received For A Placement To Raise Up To A$13 Million

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    March 15 (Reuters) - Orion Minerals Ltd (ORN) :

    • 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
 
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