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GORILLA GOLD MINES LTD Board/Management Information 2020

Jun 11, 2020

64983_rns_2020-06-11_3ddb3004-3c6b-4cdc-8bee-41714b3ea39b.pdf

Board/Management Information

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CORPORATE UPDATE AND BOARD CHANGES

Orminex Limited (‘ Orminex’ or ‘the Company’ ; ASX: ONX) provides the following update in relation to the Company.

Effective immediately, Mr Daryl Henthorn has tendered his resignation as Executive Chairman of Orminex. Mr Henthorn will remain on the Board as a Non-Executive Director.

The Board would like to thank Mr Henthorn for his contribution as Executive Chairman of Orminex.

In addition, the Board has resolved to:

ASX ANNOUNCEMENT ASX Code: ONX

12 June 2020

  • Rotate the role of Chairman and executive responsibilities on an interim basis amongst current Directors until a replacement executive is appointed by the Board; and

  • Cease all and any payments to Directors for a period of 6 months.

DIRECTORS & MANAGEMENT Daryl Henthorn Non-Executive Director

Michael Foulds Non-Executive Director

John Correia Non-Executive Director

Dean Hely Non-Executive Director Wayne McGrath Non-Executive Director

The Board continues to assess other opportunities and will keep the market informed.

This announcement has been authorised and approved for release by the Board of ONX.

Investor enquiries: Wayne McGrath Non-Executive Director [email protected]

For more information, visit www.orminex.com.au

Kelly Moore Company Secretary

For media enquiries please contact Sam Burns, Six Degrees Investor Relations, M: +61 400 164 067

Current Share Price $0.041

Share Capital – 539,102,168 Unlisted Options – 9,452,055

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Follow @Orminex on Twitter

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Follow Orminex Limited on LinkedIn

About Orminex

A: 1A Agnew Way, Subiaco WA 6008

P: PO Box 924, SUBIACO WA 6904

Orminex has a strategic alliance with underground mining contractor Mineral Ventures Pty Ltd who oversee operational management of the Company’s projects. This strategic alliance facilitates a Mineral Ventures Model that provides capital and mining service solutions to suitable near-term production gold projects.

-ENDS-

PH: +61 8 6149 1550 FAX: +61 8 9380 8300

e: [email protected] www.orminex.com.au

ACN: 008 740 672 ABN: 45 008 740 672