Zeta Resources: Preliminary Final Report for the year ended 30 June, 2023

ARBN 162 902 481

ASX Appendix 4E

Preliminary Final Report

For the year ended 30 June 2023

(Incorporating information pursuant to ASX listing rule 4.3A)

Table of Contents

	Page
Key information	1
Additional information	2
Statement of profit and loss and other comprehensive income	3
Statement of financial position	4
Statement of cash flows	5
Statement of changes in equity	6
Notes to the financial statements	7 - 16

Results for announcement to the market

Key Information

Financial results

	30 June	30 June
	2023	2022	Change
	US$	US$	US$	%
Income and investment returns from ordinary activities	(2,094,736)	(63,836,903)	61,742,167	97%
Loss from ordinary activities after tax attributable to
members	(4,344,791)	(68,542,960)	64,198,169	94%
Net loss for the year attributable to members	(4,344,791)	(68,542,960)	64,198,169	94%

Dividends

Cents per ordinary share			Nil
No dividends have been declared or are payable for the year ended 30 June 2023.
Tangible assets per ordinary share
Net tangible assets per share as at 30	June 2023	(in United States dollars)	0.26
Net tangible assets per share as at 30	June 2023	(in Australian dollars)	0.39

Commentary

Zeta Resources Limited ("the Company") is an investment company listed on the Australian Securities Exchange. The Company has the following wholly owned subsidiaries, being Kumarina Resources Pty Limited, Zeta Energy Pte. Ltd, Zeta Investments Limited, and Zeta Minerals Limited.

The Company's net loss after tax for the year ended 30 June 2023 was US$4,344,791.

The majority of the net loss is comprised of the fair value decrease in the Company's listed investments as at 30 June 2023, recognised at fair value in the financial statements.

The Company's basic and diluted loss per share for the year ended 30 June 2023 was US$0.01. This is based on the weighted average number of ordinary shares in issue during the year.

Zeta Resources Limited
Appendix 4E Preliminary Final Report	Page 1 of 16

Additional Information

Dividends paid or provided for	No dividends declared for the year ended 30 June 2023.
Refer to results summary.
Dividends reinvestment plan	No dividends or distribution reinvestment plan was in
	operation during the year ended 30 June 2023.
Net tangible assets per share	Details of net tangible asset backing are set out in the
	results summary.
On-marketbuy-back scheme	Since the start of the on-marketbuy-back scheme on
	15 September 2018, Zeta Resources has repurchased and
	cancelled 3,766,868 fully paid ordinary shares.
Control gained or lost over entities having	None.
material effect
Details of associates and joint ventures	The group has no investments in associates or joint
	ventures.
Other significant information	The Company has continued to adopt IFRS 10 to
	determine which investees should be consolidated. The
	Company is assessed as qualifying as an investment entity
	as it provides professional investment management
	services; its business purpose is to invest funds solely for
	returns of capital appreciation and/or investment income;
	and its investments are measured on a fair value basis.
	Accordingly, the Company has not presented consolidated
	financial statements.
	At the date of this Appendix 4E there was no other matter
	of a significant nature.
Accounting standards for foreign entities	The financial statements have been prepared in
	accordance with International Financial Reporting
	Standards and the provisions of the Bermuda Companies
	Act 1981.
Commentary on the results for the financial year	Refer to results summary.
Compliance statement	This report is based on accounts which are in the process
	of being audited.

Signed:

Date: 24 August 2023

Name: Tristan Kingcott

Zeta Resources Limited
Appendix 4E Preliminary Final Report	Page 2 of 16

Statement of profit and loss and other comprehensive income

for the year ended 30 June 2023

		June 2023	June 2022
	Notes	US$	US$
Income and investment returns
Revenue	11	21,490	35,557
Investment losses	11	(2,708,966)	(66,373,764)
Other income	12	592,740	2,501,304
Expenses
Directors fees		(200,000)	(200,000)
Interest expense		(864,198)	(2,589,664)
Management and consulting fees	13	(805,364)	(1,344,513)
Operating and administration expenses	14	(725,958)	(571,880)
Loss before tax		(4,690,256)	(68,542,960)
Taxation expense	15	345,465	-
Loss for the year		(4,344,791)	(68,542,960)
TOTAL COMPREHENSIVE LOSS FOR THE YEAR		(4,344,791)	(68,542,960)
Loss per share
Basic and diluted loss per share	16	(0.01)	(0.12)

Zeta Resources Limited
Appendix 4E Preliminary Final Report	Page 3 of 16