Orion Metals Welcomes New Major Shareholder

Orion Metals Limited (AU:ORM) has released an update.

Ning Liu has emerged as a substantial holder in Orion Metals Limited, acquiring a 9.56% stake with 91,608,696 fully paid ordinary shares. The acquisition, which made Liu a substantial holder on February 26, 2024, involved a cash consideration of approximately $421,400, equating to $0.0046 per share. Liu holds both legal and beneficial ownership of the shares, consolidating a significant position in the company.

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