Quarterly Cashflow Report

• Cash flows from operating activities showed a net outflow of $2.6 million in the current quarter.
• Cash flows from investing activities showed a net outflow of $1.5 million in the current quarter.
• Cash flows from financing activities showed a net inflow of $15.2 million in the current quarter.

Orion Minerals Ltd's quarterly cash flow report for the quarter ended June 2026 shows a net cash outflow of $2.6 million from operating activities, primarily due to payments for exploration and evaluation, staff costs, and administration expenses. Investing activities resulted in a net outflow of $1.5 million, mainly due to payments for exploration and evaluation and property, plant, and equipment. Financing activities, however, provided a net inflow of $15.2 million, driven by proceeds from issues of equity securities and convertible debt securities. The net cash and cash equivalents at the end of the quarter stood at $14.4 million.

Orion Minerals Ltd expects to maintain its current level of net operating cash flows.

Orion Minerals Ltd anticipates continuing its operations and meeting its business objectives based on its current funding levels.