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Orion Minerals makes significant restructure to its BEE ownership

Orion Minerals Ltd's (ASX:ORN) chief executive Errol Smart spoke to Proactive London after completing an A$8 million capital raising as part of a proposed restructure of the company’s black economic empowerment (BEE) equity participation.

The raising precedes the company obtaining a mining right for its flagship Prieska Zinc-Copper Project in South Africa’s Northern Cape province and the delivery of the project’s bankable feasibility study (BFS) which Smart says is on track for later this quarter.

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