Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,627.70
0.08%
Copper
4.24
(0.13%)
Oil
68.12
(0.04%)
Bitcoin
88,856.95
10.46%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.08%)
Hang Seng
20,426.93
0.83%

Orion Metals (ASX: $ORM) raises capital for working capital

Orion Metals' Capital Raise Announcement


Orion Metals Limited (ASX: $ORM) has issued 282,608,696 shares at $0.0046 per share to three private investors, raising $1.3 million for working capital. The funds will be utilized for evaluating acquisition opportunities, in line with the Shareholder approval obtained at the Company's general meeting of members on 21 December 2023.

Executive Commentary on Capital Raise


The Company has successfully completed a placement to raise additional working capital. This will enable us to pursue potential acquisition opportunities and further strengthen our position in the market. We appreciate the support from our investors and remain committed to delivering value for our shareholders.

Summary of Orion Metals' Capital Raise


Orion Metals (ASX: $ORM) has raised $1.3 million through the issuance of 282,608,696 shares at $0.0046 per share to three private investors. The funds will be utilized for working capital, including the evaluation of acquisition opportunities. The Company's focus on strengthening its financial position and pursuing growth opportunities demonstrates its commitment to creating value for shareholders. The successful completion of the placement reflects investor confidence in the Company's strategic direction and potential for future growth.

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