Peng Li Acquires 10% Stake in Orion Metals

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

Peng Li has emerged as a substantial holder in Orion Metals Limited, securing a 10.02% stake through the acquisition of 96 million fully paid ordinary shares. This strategic move, costing Li a mere $0.0046 per share or $441,600 in total, positions him both as the legal and beneficial owner of these shares as of February 26, 2024. Such developments are likely to pique the interest of current and potential investors, as shifts in significant shareholdings can influence company dynamics and stock performance.

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