Orezone’s rights issue subscribed to SEK 23.8 million

10 May 2019

The subscription period for Orezone’s rights issue of shares with preferential rights to the company’s shareholders ended on 7 May 2019 and the rights issue was subscribed to 90 per cent, which means that Orezone will receive approximately SEK 23.8 million in issue proceeds before transaction costs.

The raised capital enables the planned exploration for the targets in the Corcel project.

Augment is the company’s financial advisor in the transaction.

Read full press release