ANNOUNCEMENT‌

18th July 2017

ASX/MEDIA RELEASE

ASX: CSD Share Price: $0.025

(in trading suspension)

TIN M IN ES LIM ITED

ASX Appendix 4E and Annual Financial Report for the Year Ended 30 June 2016

CONSOLIDATED TIN MINES LIMITED

Cairns Corporate Headquarters: 395 Lake Street, Cairns Qld 4870

Phone: +61 (7) 4032 3319

Email: info@csdtin.com.au Web: www.csdtin.com.au

TIN M IN ES LIM ITED

ASX Appendix 4E RESULTS FOR ANNOUNCEMENT TO THE MARKET

2016

$

2015

$

Revenue

Revenue increased

41%

3,553,193

2,517,362

Net loss for the period attributable to members

Loss increased

816%

(14,753,742)

(1,609,844)

DIVIDENDS

No interim dividend was paid in relation to the year ended 30 June 2016. No final dividend will be paid in relation to the year ended 30 June 2016.

2016

2015

Net tangible asset backing per ordinary share: cents per share

1.7

4.1

Review of Results

Refer attached Review of Operations for commentary on the results for the year.

Audit Report

The Financial Statements and Remuneration Report have been subject to audit. A copy of the Independent Auditor's Report is on page 70 of the attached Annual Report. The audit report includes the following emphasis of matter paragraph:

"Emphasis of Matter

Without modifying our opinion expressed above, we draw attention to directors' assessment of going concern in note 1 of the financial statements. The matters outlined in note 1 indicate the existence of a material uncertainty that may cast doubt on the Group's ability to continue as a going concern, and therefore the Group may be unable to realise its assets and extinguish its liabilities in the normal course of business and amounts stated in the financial report."

CONSOLIDATED TIN MINES LIMITED

A N N U A L R E P O R T 2 0 1 6

ABN 57 126 634 606

Annual Report‌

For The Year Ended 30 June 2016

Consolidated Tin Mines Limited published this content on 18 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 July 2017 06:44:10 UTC.

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