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 (“Orion” or “the Company”) REQUEST FOR TRADING HALT Market Announcement 22 October 2019 Orion Minerals Ltd (ASX: ORN) – Trading Halt Description The securities of Orion Minerals Ltd (‘ORN’) will be placed in trading halt at the request of ORN, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 24 October 2019 or when the announcement is released to the market. Issued by Jon Chow Adviser, Listings Compliance (Melbourne) 22 October 2019 Market Announcement 1/1 ASX Limited ASX Customer Service Centre 131 279 | asx.com.au ASX/JSE RELEASE: 22 October 2019 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 24 October 2019, 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 24 October 2019. 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. Thank you for your assistance. Martin Bouwmeester Company Secretary 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 2 Date: 22/10/2019 08:49:00 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.