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

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) announced on 25 October 2019 that it has
received commitments from sophisticated and professional investors for a capital raising totalling $6.4 million,
comprising a placement of 255M fully paid ordinary shares (Shares) at $0.025 per Share (Placement).

Orion has today issued 235,399,983 Shares in the Company at $0.025 per Share, to raise $5.9M, following the
receipt of funds from investors for Placement commitments. The Company has received commitments for the
balance of the Placement and these Shares are expected to be issued shortly.

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

1 November 2019


ENQUIRIES

Investors                              Media                                                          JSE Sponsor
Errol Smart – Managing                 Nicholas Read                       Barnaby Hayward            Rick Irving
Director & CEO
Denis Waddell – Chairman               Read Corporate, Australia           Tavistock, UK              Merchantec Capital
T: +61 (0) 3 8080 7170                 T: +61 (0) 419 929 046              T: +44 (0) 787 955 1355    T: +27 (0) 11 325 6363
E: info@orionminerals.com.au           E: nicholas@readcorporate.com.au    E: orion@tavistock.co.uk   E: rick@merchantec.co.za

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


Date: 01/11/2019 10:10:00
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