Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.
Rule 5.3
Name of entity |
Magnis Resources Limited |
ABN | Quarter ended ("current quarter") |
26 115 111 763 | 30 June 2016 |
Cash flows related to operating activities | Current quarter $A'000 | Year to date (12 months) $A'000 | |
1.1 | Receipts from product sales and related debtors | - | - |
1.2 | Payments for (a) exploration & evaluation
| (1,115) - - (1,164) | (8,002) - - (4,038) |
1.3 | Dividends received | - | - |
1.4 | Interest and other items of a similar nature received | 13 | 27 |
1.5 | Interest and other costs of finance paid | - | - |
1.6 | Income and other taxes paid | - | - |
1.7 | Other (R&D Refund $130k and rental rebate $9k) | 130 | 139 |
Net Operating Cash Flows | (2,136) | (11,874) | |
Cash flows related to investing activities | - (20) (25) | - (20) (56) | |
1.8 | Payment for purchases of:
| ||
1.9 | Proceeds from sale of:
| - - - | - - - |
1.10 | Loans to other entities | - | - |
1.11 | Loans repaid by other entities | - | - |
1.12 | Other (provide details if material) (net) | - | - |
Net investing cash flows | (45) | (76) | |
1.13 | Total operating and investing cash flows (carried forward) | (2,181) | (11,950) |
Cash flows related to financing activities | 6,820 | 16,342 | |
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 (provide details if material) | - | - |
Net financing cash flows | 6,820 | 16,342 | |
Net increase (decrease) in cash held | 4,639 | 4,392 | |
1.20 | Cash at beginning of quarter/year to date | 2,570 | 2,817 |
1.21 | Exchange rate adjustments to item 1.20 | (1) | (1) |
1.22 | Cash at end of quarter | 7,208 | 7,208 |
Current quarter $A'000 |
146 |
- |
Aggregate amount of payments to the parties included in item 1.2
Aggregate amount of loans to the parties included in item 1.10
Explanation necessary for an understanding of the transactions
Directors' remuneration entitlements, expenses and consulting fees.
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 |
- |
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 |
- |
Add notes as necessary for an understanding of the position.
Amount available $A'000 | Amount used $A'000 | ||
3.1 | Loan facilities | - | - |
3.2 | Credit standby arrangements | - | - |
$A'000 | ||
4.1 | Exploration and evaluation | 1,472 |
4.2 | Development | - |
4.3 | Production | - |
4.4 | Administration | 1,233 |
Total Net Cash Outflow | 2,705 |
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 | 7,208 | 2,570 |
5.2 | Deposits at call | - | - |
5.3 | Bank overdraft | - | - |
5.4 | Other (provide details) | - | - |
Total: cash at end of quarter (item 1.22) | 7,208 | 2,570 |
Tenement reference | Nature of interest (note (2)) | Interest at beginning of quarter | Interest at end of quarter |
E 38/1732 M 38/1253 (Pending) P 38/3298 PL7334/2011 PL5832/2009 PL5834/2008 PL5830/2009 PL4870/2007 PL5998/2009 PL6425/2010 PL7463/2011 PL9076/2013 | Tenements have been transferred from Magnis Resources Ltd to Uranium Africa Limited Group as per the demerger prospectus and following the resolution approved by shareholders in April 2016. Registration of the transfers are still in progress. Expired Expired Expired Expired | 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% | 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% |
Interests in mining tenements relinquished, reduced or lapsed
Interests in mining tenements acquired or increased
Magnis Resources Ltd. published this content on 28 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 July 2016 23:36:01 UTC.
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