Australian Mines : Fourth Quarter Activities Report - June 2016

Name of entity

AUSTRALIAN MINES LIMITED - AUZ

ABN

Quarter ended ("current quarter")

68 073 914 191

30 June 2016

Cash flows related to operating activities

Current Quarter

$A

Year to Date (12 Months)

$A

1.1

Receipts from product sales and related debtors

(373,813)

(1,209,916)

1.2

Payments for: (a) exploration & evaluation

(b) development

-

-

(c) production

-

-

(d) administration

(191,681)

(578,052)

1.3

Dividends received

-

-

1.4

Interest and other items of a similar nature received

6,599

13,866

1.5

Interest and other costs of finance paid

-

-

1.6

Income taxes paid

-

-

1.7

Other

-

230

Net Operating Cash Flows

(558,895)

(1,773,872)

Cash flows related to investing activities

-

-

1.8

Payment for purchases of: (a)prospects

(b)equity investments

-

-

(c) other fixed assets

-

-

1.9

Proceeds from sale of: (a) prospects

-

-

(b) equity investments

-

-

(c) other fixed assets

-

-

1.10

Loans to other entities

-

-

1.11

Loans repaid by other entities

-

-

1.12

Other

-

-

Net Investing Cash Flows

-

-

1.13

Total operating and investing cash flows (carried forward)

(558,895)

(1,773,872)

1.13

Total operating and investing cash flows (brought forward)

(558,895)

(1,773,872)

Cash flows related to financing activities

1,470,683

2,893,677

1.14

Proceeds from issues of shares, options, etc. net of costs

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

1,470,683

2,893,677

Net increase (decrease) in cash held

911,788

1,119,805

1.20

Cash at beginning of quarter/year to date

605,127

397,110

1.21

Exchange rate adjustments to item 1.20

-

-

1.22

Cash at end of quarter

1,516,915

1,516,915

Current Quarter

$A

1.23

Aggregate amount of payments to the parties included in item 1.2

99,750

1.24

Aggregate amount of loans to the parties included in item 1.10

-

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

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

Amount Available

$A

Amount Used

$A

3.1

Loan facilities -

-

-

3.2

Credit standby arrangements

-

-

$A

4.1

Exploration and evaluation

310,000

4.2

Development

-

4.3

Production

-

4.4

Administration

105,000

Total

415,000

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

Previous Quarter

$A

5.1

Cash on hand and at bank

1,505,115

593,327

5.2

Deposits at call

-

-

5.3

Bank overdraft

-

-

5.4

Other (provide details) - Security bonds, restricted

11,800

11,800

Total: cash at end of quarter (item 1.22)

1,516,915

605,127

Tenement reference

Nature of interest (note (2))

Interest at beginning of quarter

Interest at end of quarter

-

-

-

-

Western AustraliaE80/4820 E80/4896 E80/4897

Arunta West Joint Venture (see below)

0%

0%

0%

0%

0%

0%

Total number

Number quoted

Issue price per security (see note 3) (cents)

Amount paid up per security (see note 3) (cents)

7.1

Preference +securities

(description)

-

-

7.2

Changes during quarter

1. Increases through issues

2. Decreases through returns of capital, buy-backs, redemptions

-

-

7.3

+Ordinary securities

1,101,986,521

1,101,986,521

7.4

Changes during quarter

1. Increases through issues

2. Decreases through returns of capital, buy-backs

75,000,000

75,000,000

$0.02

$0.02

7.5

+Convertible debt securities (description)

-

-