Request for Trading halt 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 Request for Trading Halt Mr Jon Son Chow Adviser, Listings Compliance (Melbourne) ASX Compliance Pty Limited Level 4, North Tower, 525 Collins Street Melbourne VIC 3000 In accordance with Listing Rule 17.1, Orion Minerals Ltd (Orion) (ASX/JSE: ORN) requests an immediate trading halt be placed on its securities. Set out below is the information required by Listing Rule 17.1: 1. The reason for the trading halt is that Orion anticipates making a material announcement in relation to a proposed capital raising. 2. The trading halt is requested until the commencement of trade on Thursday 25 February 2021, or such earlier time as Orion makes an announcement to update the market in relation to a capital raising. 3. Orion expects to make an announcement to the market concerning these matters before the commencement of trade on Thursday 25 February 2021. 4. Orion is not aware of any reason why the trading halt should not be granted. 5. Orion is not aware of any other information necessary to inform the market about the trading halt. For and on behalf of the Board. Martin Bouwmeester Company Secretary 23 February 2021 ENQUIRIES Investors Media JSE Sponsor Errol Smart – Managing Director & Nicholas Read Monique Martinez CEO 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 Orion Minerals Limited www.orionminerals.com.au Incorporated in the Commonwealth of Australia Suite 617, 530 Little Collins Street Melbourne, Victoria 3000 ASX Code: ORN ACN: 098 939 274 JSE Code: ORN Ordinary shares on issue: 3,414m I Options on issue: 234m ISIN: AU000000ORN1 Date: 23-02-2021 08:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.