Orocobre Successfully Completes A$126 Million Fully Underwritten Placement

Source - MicroSmallCap

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Highlights:

A$126 million raised through an oversubscribed institutional placement (Placement)  Demonstrates strong endorsement for Orocobre’s enhanced financial flexibility and future outlook Non-underwritten Share Purchase Plan to raise up to A$30 million (SPP) will open to existing eligible shareholders in Australia and New Zealand shortly

BRISBANE, Australia, Aug. 31, 2020 (GLOBE NEWSWIRE) — Orocobre Limited (Orocobre or the Company) (ASX:ORE, TSX:ORL) is pleased to announce that it has successfully completed a fully underwritten Placement to raise approximately A$126 million at an issue price of ...

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