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

Release Date: 04/08/2021 07:34
Code(s): ORN     PDF:  
Wrap Text
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


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


Orion Minerals Limited (ASX/JSE: ORN) (Orion or the Company) refers to an announcement by the Company on 
2 August 2021, regarding the exercise of an option held by the Company to acquire mining and exploration records
and extensive data held by the O’Okiep Copper Company (and its affiliates), giving Orion access to data
covering 60+ years of mining history at the Okiep Copper Project, South Africa (Data Option) (refer ASX releases
15 February 2021 and 2 August 2021).

Orion has today issued 4,097,065 fully paid ordinary shares (Shares), at an issue price of $0.034 per Share, as part
consideration payable, on exercise of the Data Option.

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.


For and on behalf of the Board.




Denis Waddell
Chairman

4 August 2021


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


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: 4,321m I Options on issue: 234m                                              ISIN: AU000000ORN1

Date: 04-08-2021 07:34:00
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