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 14 November 2019 that it has
increased its Share placement to sophisticated and professional investors by $1.3M to $7.7M, by way of the
placement of 308.7M fully paid ordinary shares (Shares) at $0.025 per Share (Placement).

On 1 November 2019 and 5 November 2019, the Company issued a total of 254.8M Shares in the Company at
$0.025 per Share, to raise $6.4M, following the receipt of funds from investors for Placement commitments.

Orion has today issued 53,904,167 Shares in the Company at $0.025 per Share, to raise $1.3M, finalising the
Placement.

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

22 November 2019


ENQUIRIES

 Investors                                   Media                                 JSE Sponsor
 Errol Smart – Managing Director & CEO       Nicholas Read                         Rick Irving
 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: rick@merchantec.co.za

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




Date: 22/11/2019 08:58:00
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