Orion raises $8mn in capital through BEE re-structure

PUBLISHED: Tue, 16 Apr 2019 15:41:01 GMT

Orion has raised $8 million in capital by securing financial BEE partners who will share the equity risk and rewards on equal terms with all Orion shareholders. The transaction will introduce high profile South African BEE investors to share its register. Joining CNBC Africa for more is Errol Smart, Managing Director and CEO of Orion.

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