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ORA BANDA MINING LTD Capital/Financing Update 2021

Jun 10, 2021

65475_rns_2021-06-10_381dda41-399c-4bbd-adcb-f7a6afb6e082.pdf

Capital/Financing Update

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ASX Market Announcements Office Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 Australia

ASX RELEASE

11 June 2021

CLEANSING NOTICE UNDER ASIC CORPORATIONS (SHARE AND INTEREST PURCHASE PLANS) INSTRUMENT 2019/547

As announced on 8 June 2021, Ora Banda Mining Limited (ASX: OBM ) ( Company ) is proposing to conduct a non-underwritten Share Purchase Plan offer ( SPP ). Under the SPP, eligible shareholders may apply to purchase up to A$30,000 worth of fully paid ordinary shares in the Company ( New Shares ) at an offer price of $0.17 per New Share.

Under ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 ( ASIC Instrument 2019/547 ), the Company gives notice that:

(a) The Company will make offers to issue New Shares under the SPP to investors without disclosure under Part 6D.2 of the Corporations Act 2001 (Cth) ( Corporations Act );
(b) this notice is given under paragraph 7(f)(ii) of ASIC Instrument 2019/547, which requires the Company to give this notice to ASX within 24 hours before the SPP offer is made;
(c) as at the date of this notice, the Company has complied with:
- i. the provisions of Chapter 2M of the Corporations Act, as they apply to the Company; and
- ii. section 674 of the Corporations Act, as it applies to the Company; and
(d) as at the date of this notice, there is no information that is ‘excluded information’ within the meanings of sections 708A(7) and 708A(8) of the Corporations Act that is required to be set out in this notice (as if this notice were a notice under section 708A(5)(e) of the Corporations Act).

Authorised for release by the Board of Directors

For more information Investors David Quinlivan Managing Director Phone: +61 8 6365 4548 Email: [email protected]

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