FINDERS RESOURCES LIMITED Appendix 5B
Mining exploration entity quarterly report
Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.
Name of entity
Rule 5.3
FINDERS RESOURCES LIMITED
ABN Quarter ended ('current quarter')
82 108 547 413
30 September 2015
Consolidated statement of cash flows
Cash flows related to operating activities
Net Operating Cash Flows | Current quarter $A'000 | Year to date (9 months) $A'000 | |
1,969 (28) (31,951) (5,367) (793) - 0 (1,987) (2,305) - | 4,249 (179) (57,517) (14,161) (2,551) - 11 (8,182) (4,758) - | ||
(40,462) | (83,088) | ||
1.8 1.9 1.10 1.11 1.12 1.13 | Cash flows related to investing activities Payment for purchases of:
Loans repaid by other entities Other (provide details if material) Net investing cash flows Total operating and investing cash flows (carried forward) | - | - |
- | - | ||
(181) | (3,292) | ||
- | - | ||
- | - | ||
- | - | ||
- | - | ||
- | - | ||
(4) | (36) | ||
(185) | (3,328) | ||
(40,647) | (86,416) | ||
Current quarter $A'000 | Year to date (9 months) $A'000 | ||
1.13 | Total operating and investing cash flows (brought forward) | (40,647) | (86,416) |
Cash flows related to financing activities | - | - | |
1.14 | Proceeds from issues of shares, options, etc. | ||
1.15 | Payment for share issue expenses | - | - |
1.16 | Proceeds from borrowings | 52,331 | 76,783 |
1.17 | Repayment of borrowings | - | - |
1.18 | Dividends paid | - | - |
1.19 | Other (provide details if material) | - | - |
Net financing cash flows | 52,331 | 76,783 | |
Net increase (decrease) in cash held | 11,684 | (9,633) | |
1.20 | Cash at beginning of quarter/year to date | 26,629 | 47,946 |
1.21 | Exchange rate adjustments to item 1.20 | 539 | 539 |
1.22 | Cash at end of quarter | 38,852 | 38,852 |
Payments to directors of the entity and associates of the directors
Payments to related entities of the entity and associates of the related entities
Current quarter
$A'000
Aggregate amount of payments to the parties included in item 1.2 540
Aggregate amount of loans to the parties included in item 1.10
Item 1.23 Payments for salaries and directors fees.
Explanation necessary for an understanding of the transactions
Non-cash financing and investing activities
Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows
NA
Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest
NA
Financing facilities available
Add notes as necessary for an understanding of the position.
Amount available $A'000 | Amount used $A'000 |
230,000* | 76,780 |
- | - |
Loan facilities
Credit standby arrangements
*US$162 million project finance facility
Estimated cash outflows for next quarter
| $A'000 |
100 | |
60,000 | |
7,000 | |
800 | |
Total | 67,900 |
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 |
| 23,452 | 12,711 |
15,400 | 13,918 | |
- | - | |
- | - | |
Total cash at end of quarter (item 1.22) | 38,852 | 26,629 |
Changes in interests in mining tenements
Tenement reference | Nature of interest (note (2)) | Interest at beginning of quarter | Interest at end of quarter |
NA | |||
NA |
Interests in mining tenements relinquished, reduced or lapsed
Interests in mining tenements acquired or increased
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 | Issue price per | Amount paid | ||
quoted | security (see | up per | |||
note 3) (cents) | security (see | ||||
note 3) (cents) | |||||
7.1 | Preference +securities | ||||
(description) | |||||
7.2 | Changes during quarter | ||||
(a) Increases through issues | |||||
(b) Decreases through | |||||
returns of capital, buy- | |||||
backs, redemptions | |||||
7.3 7.4 | +Ordinary securities Changes during quarter
| 677,856,912 | 661,267,245 | ||
7.5 | +Convertible debt securities | US$5,500,000 Converting Notes (unlisted) which will convert into | |||
Converting Notes | 12,248,538 Shares in the Company on or before 16 March 2018 | ||||
7.6 | Changes during quarter | ||||
(a) Increases through issues | |||||
(b) Decreases through | |||||
securities matured, | |||||
converted | |||||
7.7 | Options (description and | 22,857,144 | Nil | Exercise price 35 cents 25.56 cents | Expiry date |
conversion factor) | 06.06.2017 | ||||
31,298,904 | Nil | 22.10.2017 | |||
7.8 | Issued during quarter | ||||
7.9 | Exercised during quarter | ||||
7.10 | Expired during quarter | ||||
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distributed by
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