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Orion Minerals Limited Announces Share Issue to Key Management

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Orion Minerals Limited Announces Share Issue to Key Management

An announcement from Orion Minerals Limited ( (AU:ORN) ) is now available.

Orion Minerals Limited has issued over 12 million fully paid ordinary shares to key management personnel as part of a short-term incentive scheme. The issuance was conducted under ASX Listing Rule 7.1, allowing for equity securities issues without shareholder approval, reflecting the company’s compliance with relevant financial regulations.

More about Orion Minerals Limited

Orion Minerals Limited is a company incorporated in Australia, focusing on the mining industry. It is listed on both the Australian Securities Exchange (ASX) and the Johannesburg Stock Exchange (JSE) and is involved in mineral exploration and development.

YTD Price Performance: -20.0%

Average Trading Volume: 233,069

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$109.4M

See more insights into ORN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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