Finders Resources : Confirmation of Release - Quarterly Cashflow Report 30 June 2017

+Rule 5.5

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/13, 01/09/16

Finders Resources Limited

82 108 547 413 30 June 2017

1. Consolidated statement of cash flows Cash flows from operating activities Current quarter $A'000 Year to date (6 months) $A'000

2. Receipts from customers

3. Payments for

4. exploration & evaluation

   46,660 100,920

   - -

   (b) development (1,935) (4,551)

   (c) production (23,987) (51,952)

   (d) staff costs (4,576) (8,587)

   (e) administration and corporate costs (746) (1,261)

5. Dividends received (see note 3) - -

6. Interest received - -

7. Interest and other costs of finance paid (2,088) (4,057)

8. Income taxes paid - -

9. Research and development refunds - -

10. Other (provide details if material) - -

1.9 Net cash from / (used in) operating activities 13,328 30,512 Cash flows from investing activities

1. Payments to acquire:

2. property, plant and equipment

   (1,161) (1,640)

3. tenements (see item 10) - -

4. investments - -

5. other non-current assets - -
6. Consolidated statement of cash flows

7. Proceeds from the disposal of:

8. property, plant and equipment

   Current quarter $A'000 Year to date (6 months) $A'000

   - -

9. tenements (see item 10) - -

10. investments - -

11. other non-current assets - -

1. Cash flows from loans to other entities - -

2. Dividends received (see note 3) - -

3. Other (provide details if material) - -

1.16 Net cash from / (used in) investing activities (1,161) (1,640) Cash flows from financing activities

1. Proceeds from issues of shares - -

2. Proceeds from issue of convertible notes - -

3. Proceeds from exercise of share options - -

4. Transaction costs related to issues of - - shares, convertible notes or options

5. Proceeds from borrowings - -

6. Repayment of borrowings (8,172) (21,310)

7. Transaction costs related to loans and borrowings

   - (1,031)

8. Dividends paid - -

9. Other (Net Hedge Payments) (3,639) (6,561)

1.26 Net cash from / (used in) financing activities (11,811) (28,902)

Net increase / (decrease) in cash and cash equivalents for the period
1.27	Cash and cash equivalents at beginning of period	4,201	4,879
1.28	Net cash from / (used in) operating activities (item 1.9 above)	13,328	30,512
1.29	Net cash from / (used in) investing activities (item 2.6 above)	(1,161)	(1,640)
1.30	Net cash from / (used in) financing activities (item 3.10 above)	(11,811)	(28,902)
1.31	Effect of movement in exchange rates on cash held	(81)	(373)
1.32	Cash and cash equivalents at end of period	4,476	4,476

1. Reconciliation of cash and cash equivalents

   at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts

   Current quarter $A'000 Previous quarter $A'000

2. Bank balances 4,476 4,201

3. Call deposits - -

4. Bank overdrafts - -

5. Other (provide details) - -

   2.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 4,476 4,201
6. Payments to directors of the entity and their associates Currentquarter $A'000

7. Aggregate amount of payments to these parties included in item 1.2 133

8. Aggregate amount of cash flow from loans to these parties included - in item 2.3

9. Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2

10. Payments to related entities of the entity and their associates Current quarter $A'000

11. Aggregate amount of payments to these parties included in item 1.2 -

12. Aggregate amount of cash flow from loans to these parties included - in item 2.3

13. Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2

14. Financing facilities available Add notes as necessary for an understanding of the position Total facility amount at quarter end $A'000 Amount drawn at quarter end $A'000

15. Loan facilities* 113,242 96,979

16. Credit standby arrangements - -

17. Other (please specify) - -

* Outstanding balance of the US$162m Project Finance Facilities

6.	Estimated cash outflows for next quarter	$A'000
6.1	Exploration and evaluation	-
6.2	Development	3,934
6.3	Production	24,419
6.4	Staff costs	3,998
6.5	Administration and corporate costs	585
6.6	Other (provide details if material) Interest and other costs of finance paid	1,634
Repayment of borrowings	8,568
Net hedge payments	3,940
6.7	Total estimated cash outflows	47,078

7.	Changes in tenements (items 2.1(b) and 2.2(b) above)	Tenement reference and location	Nature of interest	Interest at beginning of quarter	Interest at end of quarter
7.1	Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced
7.2	Interests in mining tenements and petroleum tenements acquired or increased