Orion Minerals Issues Over 12 Million Shares as Part of Incentive Scheme; Shares Down 6%

MT Newswires Live
07 Feb

Orion Minerals (ASX:ORN) issued nearly 12.2 million fully paid ordinary shares at a deemed issue price of AU$0.0176 apiece to key personnel as part of the company's short-term incentive scheme, according to a Friday filing with the Australian bourse.

The metal explorer's shares were down 6% in recent Friday trade.

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