Prieska Zinc-Copper project

ASX and JSE-listed Orion Minerals has confirmed its intention to undertake an A$8 million capital raising priced at $0.04 per fully paid ordinary share – which is a 30% premium to its last ASX traded price.

Dual-listed Orion Minerals has inked a collaboration agreement with renewable energy company juwi Renewable Energies South Africa to investigate renewable energy supply for the Prieska zinc-copper project in the Northern Cape province of South Africa.

Orion Minerals has reached agreement with the AASMF to redeem shares held by AASMF in one of Orion’s key project subsidiaries for shares in Orion.

The Minerals Council South Africa congratulates Orion Minerals for achieving second place in the Mining Indaba Investment Battlefield Competition.

Orion Minerals has raised $11 million through the placement of shares. Tranche 1 will comprise 91.6 million shares to raise $3.4 million and Tranche 2 comprises 205.7 million shares to raise $7.6 million.

Dual-listed Orion Minerals has announced that significant progress has been made in the metallurgical test work program being undertaken as part of the Prieska Zinc-Copper Project bankable feasibility study.

Orion Minerals has taken another important step in its base metal development strategy in South Africa after entering into an agreement with IGO.

Orion Minerals has entered into a binding sale agreement (Agreement) with Evolution Mining (Evolution), for Evolution to acquire 100% of Orion’s Connors Arc project (Tenements) in Queensland.