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ORION MINERALS LIMITED - Form 603 - Notice of Initial Substantial Holder

Release Date: 23/05/2018 09:02
Code(s): ORN     PDF:  
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Form 603 - Notice of Initial Substantial Holder

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”)

NOTICE OF INITIAL SUBSTANTIAL SHAREHOLDER

Form 603
Corporations Act 2001
Section 671B

To Company Name/Scheme                          Orion Minerals Ltd
ACN/ARSN                                        098 939 274

1. Details of substantial Holder (1)

   Name                                          Independence Group NL (ACN 092 786 304)
                                                 (Independence) and each of the entities listed in
                                                 Annexure A

   ACN/ARSN (f applicable)                       See annexure A

   The holder became a substantial holder on 21 May 2018

2. Details of voting power

   The total number of votes attached to all the voting shares in the company or voting interests in the
   scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the
   substantial holder became a substantial holder are as follows:

   Class of securities (4)             Number of securities     Person’s votes (5)     Voting power (6)
   Ordinary shares                     154 166 666              154 166 666            11.09%

3. Details of relevant interests

   The nature of, a relevant interest of the substantial holder or an associate had in the following voting
   securities on the date the substantial holder became a substantial holder are as follows:

   Holder of relevant interest         Nature of relevant interest (7)    Class and number of
                                                                          securities
   Independence                        Registered holder                  154 166 666 ordinary shares


4. Details of present registered holders

   The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

   Holder of relevant        Registered holder of       Person entitled to be        Class and number of
   interest                  securities                 registered as holder (8)     securities
                                                             
   Independence              Independence               Independence                 154 166 666
                                                                                     ordinary shares
5. Consideration

   The persons registered as holders of the securities referred to in paragraph 3 above are as
   follows:

   Holder of relevant      Date of acquisition   Consideration (9)        Class and number of
   interest                                                               securities
                                                 Cash       Non-cash

   Independence            21 May 2018           $5 000 000 Nil           100 000 000 ordinary
                                                                          shares

6. Associates

   The reasons the persons named in paragraph 3 above are associates of the substantial holder
   are as follows:

   Name and ACN/ARSN (if applicable)                    Nature of association
   The companies listed in Annexure A                   Each company listed Annexure A is an associate of
                                                        Independence pursuant to section 12 of the
                                                        Corporations Act as it is controlled by
                                                        Independence

7. Addresses

   The addresses of persons named in this form are as follows:

   Name                                                 Address
   Independence and each company listed in              PO BOX 496, SOUTH PERTH WA 6951
   Annexure A


Signature

Print name: JOANNE MCDONALD                         Capacity: COMPANY SECRETARY

Date 21/05/18

23 May 2018

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) 207 920 3150
 E: michael.vaughan@fivemark.com.au                      E: orion@tavistock.co.uk

Annexure A

This Annexure A of 1 page referred to in Form 603 - Notice of substantial holder signed by me and
dated 21 May 2018.

Joanne McDonald
Company Secretary
Independence Group NL (ACN 092 786 304)

Related bodies corporate of Independence Group NL (ACN 092 786 304):

Independence Long Pty Ltd (ACN 098 270 789)
Independence Jaguar Pty Ltd (ACN 060 620 751)
Flinders Prospecting Pty Ltd (ACN 146 899 863)
Independence Newsearch Pty Ltd (ACN 142 192 701)
Independence Nova Holdings Pty Ltd (ACN 009 150 083)
Independence Nova Pty Ltd (ACN 146 091 527)
Independence Europe Pty Ltd (ACN 167 644 519)
Independence Stockman Parent Pty Ltd (ACN 124 695 549)
Independence Stockman Project Pty Ltd (ACN 124 695 567)
Independence Jaguar Project Parent Pty Ltd (ACN 145 736 278)
Independence Jaguar Project Pty Ltd (ACN 145 739 251)
Independence Windward Pty Ltd (ACN 158 432 270)
Independence Group Europe AB (entity registered in Sweden)

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