ENTERPRISE METALS LIMITED 
By Appendix 5B Mining exploration entity quarterly report
Appendix 5B Mining exploration entity quarterly reportIntroduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10
Name of entity
Enterprise Metals LimitedRule 5.3
ABN Quarter ended ("current quarter")
43 123 567 073 30 June 2012
Consolidated statement of cash flowsCash flows related to operating activities
1.1 Receipts from product sales and related debtors
1.2 Payments for (a) exploration & evaluation
(b) development
(c) production
(d) administration
1.3 Dividends received
1.4 Interest and other items of a similar nature received
1.5 Interest and other costs of finance paid
1.6 Income taxes paid
1.7 Other (provide details if material)
Net Operating Cash Flows
+ See chapter 19 for defined terms.
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1.13 Total operating and investing cash flows (brought forward) | (1,976) | (6,163) |
Cash flows related to financing activities 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) Share issue transaction costs Net financing cash flows | - - - - - - | 12,400 - - - - (885) |
Cash flows related to financing activities 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) Share issue transaction costs Net financing cash flows | - | 11,515 |
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of quarter | (1,976) 10,168 - | 5,352 2,840 - |
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of quarter | 8,192 | 8,192 |
Current quarter
$A'000
1.23 Aggregate amount of payments to the parties included in
item 1.2 464
1.24 Aggregate amount of loans to the parties included in
item 1.10 -
1.25 Explanation necessary for an understanding of the
transactions
$67,145 paid to Directors for Director and Consulting
Fees.
$397,334 paid to XServ Pty Ltd, a geological consulting
company related to Mr Dermot
Ryan, a Director of Enterprise Metals Limited.
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
Add notes as necessary for an understanding of the position.
Amount available
$A'000
Amount used
$A'000
+ See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
3.1 Loan facilities Nil Nil
3.2 Credit standbyarrangements Nil Nil
+ See chapter 19 for defined terms.
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Estimated cash outflows for next quarter
4.1 Exploration and evaluation
4.2 Development
4.3 Production
4.4 Administration
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.
Changes in interests in mining tenements6.1 | Interests in mining tenements relinquished, reduced or lapsed | Tenement reference | Nature of interest (note (2)) | Interest at beginning of quarter | Interest at end of quarter |
Application withdrawn Surrendered Surrendered Application withdrawn Application withdrawn | E70/4171 M51/818 E70/3756 E51/1466 E20/798 | Enterprise Iron P/L Murchison Exploration P/L Enterprise Iron P/L Enterprise Metals Ltd Enterprise Metals Ltd | 100% 100% 100% 100% 100% | 0% 0% 0% 0% 0% |
6.2 | Interests in mining tenements acquired | Tenement reference | Current Registered Holder, and acquired from: | Interest at beginning of quarter | Interest at end of quarter |
New application New application New application New application | E59/1879 E09/1974 E09/1976 E51/1535 | Enterprise Uranium P/L Enterprise Uranium P/L Enterprise Uranium P/L Enterprise Uranium P/L | 0% 0% 0% 0% | 100% 100% 100% 100% |
+ See chapter 19 for defined terms.
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Issued and quoted securities at end of current quarterDescription includes rate of interest and any redemption or conversion rights together with prices and dates.
7.11 Debentures
(totals only)
+ See chapter 19 for defined terms.
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7.12 Unsecured notes (totals only)
+ See chapter 19 for defined terms.
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Compliance statement1 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 /does not* (delete one) give a true and fair view of the matters disclosed.
Sign here: Date: 24 July 2012 (Director and Company secretary)
Print name: Dennis Wilkins
Notes1 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 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, 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 Resourcesand AASB 107: Statement of Cash Flowsapply 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.
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