Orion Equities Limited (Orion) was incorporated on 18 December 1969 in New South Wales. The Company (under the name of Archean Mining Investments Limited) was first listed on the ASX on 19 November 1970. Since then, it has experienced several changes in relation to its name, status, share capital and activities.
On 8 July 2004 (after the Company received $19,051,014 from Minara Resources Limited (formerly Anaconda Nickel Limited) on 12 January 2004 pursuant to the terms of payment under a settlement deed dated 17 September 1996, shareholder approvals at a General Meeting held on 4 June 2004 and the completion of a non-renounceable Prospectus offer to shareholders on 28 June 2004) the Company was re-admitted to ASX (ASX Code: OEQ) as an investment entity under the ASX Listing Rules.
The auditors of the Company since 30 November 1995 are BDO (WA) Pty Ltd in Subiaco, Western Australia.
The financial and taxation accounts for the Company are made up to 30 June annually. The Company is taxed as a public company.
The Company currently has 2 wholly owned subsidiaries:
- Koorian Olives Pty Ltd. ABN 96 120 616 891; and
- Silver Sands Developments Pty Ltd . ABN 16 094 097 122 – currently involved in property development.