Orion Metals Limited (ASX: ORM) did not conduct any exploration activities during the quarter ending November 30, 2022.

The company's directors have been focusing on investigating the acquisition of new assets and sourcing new funding arrangements.

The company's shares remain suspended from trading on the ASX until it complies with various listing rules.

A meeting was held on July 29, 2022, and all resolutions passed with a clear majority.

The company's half-year accounts were released to the ASX on November 10, 2022.

The Quarterly Cash Flow Report details funds flow for the period and payments to related parties were for an executive Director's salary and superannuation.

The company's issued capital as of November 30, 2022 was 545,097,443 shares held by 375 shareholders, with the top 20 shareholders owning 99.1%.

The board is made up of Dr Yi Yang (Chairman), Mr Yu Zhou (Director), Dr Feng Wu (Executive Director), Mr Bin Cai (Executive Director), and Mr John Lemon (Company Secretary).