SIRIUS RESOURCES N.L.
Appendix 5B Mining exploration entity quarterly report
Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.
Name of entity
Sirius Resources NL
Rule 5.3
ABN Quarter ended ("current quarter")
46 009 150 083 31 March 2015
1.1 Receipts from product sales and related debtors
1.2 Payments for (a) exploration & evaluation
(b) development
(c) production
(d) administration
1.3 Dividends received
1.4 Interest and other items of a similar nature received
1.5 Interest and other costs of finance paid
1.6 Income taxes paid
1.7 Other - R&D Tax Rebate
Net Operating Cash Flows+ See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
1.13 Total operating and investing cash flows (brought forward) | (35,385) | (52,626) |
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Dividends paid 1.19 Other - Capital raising costs Other - Payments for cash backed guarantees Net financing cash flows | - - - - - - - | 207,387 - - - - (4,147) 774 |
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Dividends paid 1.19 Other - Capital raising costs Other - Payments for cash backed guarantees Net financing cash flows | - | 204,014 |
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of quarter | (35,385) 245,488 - | 151,388 58,715 - |
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of quarter | 210,103 | 210,103 |
Current quarter
$A'000
1.23 Aggregate amount of payments to the parties included in item 1.2 515
1.24 Aggregate amount of loans to the parties included in item 1.10 -
1.25 Explanation necessary for an understanding of the transactions
Salaries and fees paid to directors in the quarter including superannuation
Non-cash financing and investing activities2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows
During the Quarter Sirius Resources Issues 200,000 shares as consideration for the Eundynie
Joint Venture. Market value of these shares at issue was $3.10. Refer to announcement 16
February 2015.
2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest
+ See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
Add notes as necessary for an understanding of the position.
3.1 Loan facilities
3.2 Credit standby arrangements
Estimated cash outflows for next quarter4.1 Exploration and evaluation
4.2 Development
4.3 Production
4.4 Administration
Reconciliation of cashReconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.
Changes in interests in mining tenements6.1 Interests in mining tenements relinquished, reduced or lapsed
+ See chapter 19 for defined terms.
30/9/2001 Appendix 5B Page 3
6.2 Interests in mining tenements acquired or increased
Appendix 5B Mining exploration entity quarterly report
Description includes rate of interest and any redemption or conversion rights together with prices and dates.
7.5 +Convertible debt securities (description)
+ See chapter 19 for defined terms.
30/9/2001 Appendix 5B Page 4
7.6 Changes during quarter
(a) Increases through issues (b) Decreases through securities matured, converted
Appendix 5B Mining exploration entity quarterly report
7.13 Employee
Shares Performance Shares (subject to performance conditions) Share appreciation Rights Compliance statement
1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).
+ See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
2 This statement does give a true and fair view of the matters disclosed.
Sign here: | ............................................................ | Date: | 30 March 2015 |
Print name: | Anna Neuling - Director |
+ See chapter 19 for defined terms.
30/9/2001 Appendix 5B Page 6
Notes
Appendix 5B Mining exploration entity quarterly report
1 The quarterly report provides a basis for informing the market how the entity's
activities have been financed for the past quarter and the effect on its cash position.
An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.
2 The "Nature of interest" (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.
3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities.
4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive
Industries and AASB 1026: Statement of Cash Flows apply to this report.
5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.
Rule 5.3
+ See chapter 19 for defined terms.
30/9/2001 Appendix 5B Page 7
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