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Last A$0.01 AUD
Change Today 0.00 / 0.00%
Volume 0.0
ORM On Other Exchanges
As of 8:06 PM 05/25/15 All times are local (Market data is delayed by at least 15 minutes).

orion metals ltd (ORM) Snapshot

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52 Week High
05/30/14 - A$0.02
52 Week Low
04/29/15 - A$0.0080
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orion metals ltd (ORM) Details

Orion Metals Limited explores for rare earth elements (REE). The company primarily explores for REE, uranium, gold, and base metals. Its property portfolio includes the Killi Killi Hills project, the Broughton Creek project, the Fulford and Bonnor Creeks project, and the Top Camp project that are located in Australia. The company was formerly known as Queensland Gold and Minerals Limited and changed its name to Orion Metals Limited in 2009. Orion Metals Limited is based in Calamvale, Australia.

orion metals ltd (ORM) Top Compensated Officers

Company Secretary
Total Annual Compensation: A$40.7K
Exploration Manager
Total Annual Compensation: A$73.6K
Compensation as of Fiscal Year 2014.

orion metals ltd (ORM) Key Developments

Orion Metals Limited Announces Audited Consolidated for the Year Ended February 28, 2015

Orion Metals Limited announced audited consolidated for the year ended February 28, 2015. For the year, the company reported loss from operating activities of AUD 1,667,917 against AUD 894,395 a year ago. Loss before income tax was AUD 1,645,771 against AUD 825,696 a year ago. Loss attributable to the owners of the company was AUD 1,645,771 or 1.56 per basic and diluted share against AUD 675,689 or 0.73 per basic and diluted share a year ago. Net cash used in operating activities was AUD 428,015 against AUD 595,526 a year ago. Payment for property, plant and equipment was AUD 4,080 against 1,177 a year ago. Payment for exploration and evaluation assets was AUD 901,915 against AUD 494,794 a year ago.

Orion Metals Limited Announces Executive Changes

The Board of Orion Metals Limited announced that Dr. Michelle Li has been appointed to the Board as a Director nominated by the company's shareholder, Jien Mining Pty Ltd. She replaces Dr. Tao Li who previously represented Jien. The two Drs. Li are not related. Michelle Li, PhD, GAICD, is non-executive chairman and member of the Audit and Remuneration & Nomination Committees of Grange Resources Limited where she has been a director since October 2013.

Tao Li Resigns as Orion Metals Limited's Director

The Board of Orion Metals Limited announced that Dr. Tao Li, who has represented the company's second large shareholder, Jien Mining Pty Ltd, since September 2010, has resigned to pursue other interests.


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