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ORION MINERALS LIMITED - Share Issue – Notice under Section 708A(5)(e)

2020/08/12 09:13:00

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                    Share Issue – Notice under Section 708A(5)(e)

Orion Minerals Limited
Incorporated in the Commonwealth of Australia
Australian Company Number 098 939 274
ASX share code: ORN
JSE share code: ORN
ISIN: AU000000ORN1
(“Orion” or “the Company”)


Share Issue – Notice under Section 708A(5)(e)


Orion Minerals Limited (ASX/JSE: ORN) (Orion or the Company) refers to announcements by the Company on 7
August 2020 regarding a two-tranche Placement to sophisticated and professional investors to progress its
development-ready Prieska Copper-Zinc Project in South Africa’s Northern Cape Province.

Orion has today issued 342,341,167 fully paid ordinary shares in the Company (Shares), at an issue price of $0.017
per Share, following receipt of funds from investors for Placement commitments pursuant to Tranche 1 of the
Placement.

In accordance with section 708A(5)(e) of the Corporations Act 2001 (Act), the Company advises as follows:

 1.   this notice is being given under paragraph 708A(5)(e) of the Act;

 2.   the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

 3.   as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as
      they apply to the Company;

 4.   as at the date of this notice, the Company has complied with section 674 of the Act; and

 5.   all information of the kind that would be required to be disclosed to the market for the purposes of section
      708A(6)(e) of the Act has been disclosed to ASX Limited.




Denis Waddell
Chairman

12 August 2020


ENQUIRIES

Investors                                     Media                              JSE Sponsor
Errol Smart – Managing Director & CEO         Nicholas Read                      Monique Martinez
Denis Waddell – Chairman                      Read Corporate, Australia          Merchantec Capital
T: +61 (0) 3 8080 7170                        T: +61 (0) 419 929 046             T: +27 (0) 11 325 6363
E: info@orionminerals.com.au                  E: nicholas@readcorporate.com.au   E: monique@merchantec.co.za

Suite 617, 530 Little Collins Street
Melbourne, VIC, 3000

Date: 12-08-2020 09:13:00
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