ORN orion minerals ltd
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News: ORN Orion Minerals Secures Option To Buy 56.25% Stake In Southern African Tantalum Mining

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    02/02/21
    13:35
    Post #: 50639455

    Feb 2 (Reuters) - Orion Minerals Ltd (ORN) :

    • PROPOSED ACQUISITION CONSOLIDATION OF PREMIER SA CU DISTRICT
    • ORION MINERALS SECURES OPTION TO ACQUIRE A 56.25% INTEREST IN SOUTHERN AFRICAN TANTALUM MINING
    • OPTION INCLUDES BUYING STAKES IN SOUTHERN AFRICAN TANTALUM MINING, NABABEEP COPPER CO & OTHERS
    • TOTAL ACQUISITION COST ASSUMING OPTION IS EXERCISED IS AGGREGATE ABOUT A$7.5 MILLION OF INITIAL PURCHASE CONSIDERATION
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