OreCorp : 4/01/2021 - Section 708A Notice - Issue of Shares

4 January 2021

Company Announcements Office

ASX Limited

Level 40, Central Park

152-158 St Georges Terrace

PERTH WA 6000

CLEANSING NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT

On 31 December 2020, OreCorp Limited (the Company) announced the proposed issue of 1,857,336 fully paid ordinary shares in the Company and 100,000 unlisted options, to be issued pursuant to the Company's existing capacity under Listing Rule 7.1.

The Company advises that on the same day, a total of 1,636,748 fully paid ordinary shares (the Shares) and 100,000 unlisted options in the Company were issued at an issue price of nil cash consideration to the Vendors of various exploration assets (refer to ASX Releases of 31 December 2020 "Appendix 3B - Proposed Issue of Securities" and "Acquisition of New Licences" for further details).

For the purposes of sections 708A(5)(e)(i) and 708A(6) of the Corporations Act 2001 (Cth) (Corporations Act), the Company hereby advises that:

1. the Shares have been issued without disclosure to investors under Part 6D.2 of the Corporations Act;
2. this notice is being given under section 708A(5)(e) of the Corporations Act;
3. as at the date of this notice, the Company has complied with:
4. 1. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
   2. section 674 of the Corporations Act; and
5. as at the date of this notice, there is no information to be disclosed in accordance with section 708A(6)(e) of the Corporations Act that is "excluded information" within the meaning of sections 708A(7) or 708A(8) of the Corporations Act.

Please refer to the Appendix 2A that has been platformed today for further information.

Released on behalf of the Company by:

Dion Loney

Company Secretary

Suite 22, Level 1, 513 Hay Street, Subiaco, WA 6008  Postal Address: PO Box 2152, Subiaco, WA 6904

Tel: [phone]  Fax: [phone]  Web: www.orecorp.com.au

ABN: 24 147 917 299