Appendix 5B - Mining exploration entity quarterly report Appendix 5B Mining exploration entity quarterly report Appendix 5B Rule 5.5 Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013


Name of entity

MINBOS RESOURCES LIMITED



ABN Quarter ended ("current quarter")

93 141 175 493 30 June 2015 Consolidated Statement of Cash Flows

+ See chapter 19 for defined terms.17/12/2010 Appendix 5B Page 1

Consolidated Statement of Cash Flows Continued Appendix 5B Mining exploration entity quarterly report

(1) On 9 April 2015 the Company completed a capital placement of $890,000 (before costs), of which

$100,000 was received in the previous quarter.

Payments to directors of the entity, associates of the directors, related entities of the entity and associates of the related entities

1.23 Aggregate amount of payments to the parties included in item 1.2
- Director Fees
- Sofosa Service Agreement
- Legal Fees

Current Quarter $A'000

54
214
32
1.24 Aggregate amount of loans to the parties included in item 1.10 Nil

1.25 Explanation necessary for an understanding of the transactions
1.23 - $54,000 paid in Director Fees, $213,695 paid under the Sofosa Service Agreement to a
Director related entity and $32,067 paid in legal fees to a Director related entity.

Non-cash financing and investing activities


2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows
N/A

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
N/A

+ See chapter 19 for defined terms.

Appendix 5B Page 2 17/12/2010

Financing facilities available

Add notes as necessary for an understanding of the position.

Appendix 5B Mining exploration entity quarterly report

3.1 Loan facilities
3.2 Credit standby arrangements

Estimated cash outflows for next quarter (1)

$A'000

4.1

Exploration and evaluation

20

4.2

Development

-

4.3

Production

-

4.4

Administration

100

Total

120

(1) Cash outflow will be minimal until Minbos complete some of its strategic initiatives.

Reconciliation of cash

Reconciliation 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.

Current Quarter

$A'000

Previous Quarter

$A'000

5.1

Cash on hand and at bank

192

120

5.2

Deposits at call

1

1

5.3

Bank overdraft

-

-

5.4

Other (provide details)

-

-

Total: cash at end of quarter (item 1.22)

193

121

Changes in interests in mining tenements

6.1 Interests in mining tenements relinquished, reduced or lapsed
6.2 Interests in mining tenements acquired or increased

+ See chapter 19 for defined terms.17/12/2010 Appendix 5B Page 3

Appendix 5B Mining exploration entity quarterly report Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

Total number

Number quoted

Issue price per security (see note 3)

Amount paid up per security (see note 3)

7.1 Preference +securities (description)

Changes during quarter

7.2 (a) Increases through issues

(b) Decreases through returns of capital, buy-backs,

redemptions

-

-

-

-

7.1 Preference +securities (description)

Changes during quarter

7.2 (a) Increases through issues

(b) Decreases through returns of capital, buy-backs,

redemptions

-

-

-

-

-

-

-

-

7.3 +Ordinary securities

7.4 Changes during quarter

(a) Increases through issues

(b) Exercise of options

(c) Decreases through return of capital, buy-backs

(d) Increase pursuant to underwriting of options

1,367,149,881

1,367,149,881

-

-

7.3 +Ordinary securities

7.4 Changes during quarter

(a) Increases through issues

(b) Exercise of options

(c) Decreases through return of capital, buy-backs

(d) Increase pursuant to underwriting of options

178,000,000

-

-

-

178,000,000

-

-

-

$ 0.005

-

-

-

Fully Paid

-

-

-

7.5 +Convertible securities

7.6 Changes during quarter

(a) Increases through issues

(b) Decreases through securities matured, converted

-

-

-

-

-

-

-

-

-

-

-

-

7.7 Options (description and conversion factor)

Placement Options; no vesting period Director Options; no vesting period Consultancy Options; no vesting period

Conversion of Convertible note; no vesting period Conversion of Convertible note; no vesting period Consideration for Convertible Security; no vesting period

7.8 Issued during quarter

7.9 Exercised during quarter

7.10 Expired during quarter

1,150,000

88,333,333

30,000,000

100,000,000

83,333,332

10,000,000

312,816,665

-

-

-

-

-

-

Exercise price

$0.0937

$0.01

$0.01

$0.01

$0.01

$0.01

Expiry date

08/03/2016

30/12/2016

30/12/2016

30/12/2016

30/12/2016

30/12/2016

7.7 Options (description and conversion factor)

Placement Options; no vesting period Director Options; no vesting period Consultancy Options; no vesting period

Conversion of Convertible note; no vesting period Conversion of Convertible note; no vesting period Consideration for Convertible Security; no vesting period

7.8 Issued during quarter

7.9 Exercised during quarter

7.10 Expired during quarter

-

-

-

-

7.7 Options (description and conversion factor)

Placement Options; no vesting period Director Options; no vesting period Consultancy Options; no vesting period

Conversion of Convertible note; no vesting period Conversion of Convertible note; no vesting period Consideration for Convertible Security; no vesting period

7.8 Issued during quarter

7.9 Exercised during quarter

7.10 Expired during quarter

-

-

-

-

7.11 Debentures (totals only)

-

-

-

-

7.12 Unsecured notes (totals only)

-

-

-

-

+ See chapter 19 for defined terms.

Appendix 5B Page 4 17/12/2010

Compliance statement Appendix 5B Mining exploration entity quarterly report

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 5).
2 This statement does give a true and fair view of the matters disclosed.

Sign here:

Company Secretary

Date: 31 July 2015

Print name:

STEF WEBER

Notes

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 and petroleum 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 or petroleum 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 6: Exploration for and Evaluation of Mineral

Resources and AASB 107: Statement of Cash Flows apply to this report.

5 Accounting Standards ASX will accept, for example, the use of International Financial Reporting 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.
== == == == ==

+ See chapter 19 for defined terms.17/12/2010 Appendix 5B Page 5

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