Sydney - Monday - November 10: (RWE Australian Business News) - Oroya Mining (ASX:ORO) will make a renounceable rights issue to raise approximately $1.3 million before costs. Patersons Securities Limited will act as Lead Manager to the Rights Issue which will offer one new share and one free attaching option for every one share held at an application price of 0.4 cents per share. The new options will have an exercise price of 0.8 cents and will expire on 1 December 2011.
DKO Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held