ORN 0.00% 1.7¢ orion minerals ltd

News: ORN Orion Gold undertakes capital raising of about A$2.0 mln

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    Nov 9 (Reuters) - Orion Gold Nl (ORN)

    • Is undertaking a capital raising of approximately $2.0 million
    • Placement to sophisticated and professional investors at 1.8 cents per share to raise approximately $2.0 million.
    • Placement will be for up to 111.11 million ordinary fully paid shares (shares) at an issue price of $0.018 per share
    • Proceeds will be used to rapidly progress exploration programs on areachap project in south africa
    • Strongly supported capital raising to progress key projects-orn.ax
 
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