Proactive Investors - Run By Investors For Investors

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.

 
Meet Cornish Lithium, Salt Lake Potash Ltd and Concepta at our event, London , 05 June 2019. Register here »
View full ORN profile View Profile

Orion Minerals Ltd Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use