ORION MINERALS NL - Share Issue Notice Under Section 708A(5)(E)

Share Issue – Notice Under Section 708A(5)(E)

Orion Minerals NL
Incorporated in the Commonwealth of Australia
Australian Company Number 098 939 274
ASX share code: ORN
JSE share code: ORN
ISIN: AU000000ORN1


SHARE ISSUE – NOTICE UNDER SECTION 708A(5)(E)


Orion Minerals NL (ASX/JSE: ORN) announced on 30 October 2017 that it is undertaking a capital
raising of $5.5M at an issue price of 2.4 cents per ordinary fully paid share (Share), made up of
$3.47M in Tranche 1 and an additional $2.03M in Tranche 2 (subject to shareholder approval, which
was obtained at a general meeting 13 December 2017 (Meeting)). Tranche 1 Shares were issued
on 3 November 2017.

On 18 December 2017, Orion issued 74,166,667 Shares in the Company at 2.4 cents per Share, to
raise $1.78M, resulting from a receipt of funds from investors for Tranche 2 commitments. Orion has
today issued 10,416,666 Shares in the Company at 2.4 cents per Share, to raise $0.25M, resulting
from a receipt of funds from investors, finalising Tranche 2 commitments.

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 under the placement 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

19 December 2017

ENQUIRIES

Investors                                               JSE Sponsor
Errol Smart – Managing Director & CEO                   Rick Irving
Denis Waddell – Chairman                                Merchantec Capital
T: +61 (0) 3 8080 7170                                  T: +27 (0) 11 325 6363
E: info@orionminerals.com.au                            E: rick@merchantec.co.za

Media
Michael Vaughan                                         Barnaby Hayward
Fivemark Partners, Australia                            Tavistock, UK
T: +61 (0) 422 602 720                                  T: +44 (0) 787 955 1355
E: michael.vaughan@fivemark.com.au                      E: orion@tavistock.co.uk
Suite 617, 530 Little Collins Street
Melbourne, VIC, 3000

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