Appendix 5B Mining exploration entity quarterly report

Introduced 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

Rule 5.3

HEXAGON RESOURCES LIMITED

ABN Quarter ended ("current quarter")

29 099 098 192 30 June 2016 Consolidated statement of cash flows

Cash flows related to operating activities

  1. Receipts from product sales and related debtors

  2. Payments for (a) exploration & evaluation

    1. development

    2. production

    3. administration

    4. due diligence activities

    5. Dividends received

    6. Interest and other items of a similar nature received

    7. Interest and other costs of finance paid

    8. R&D Tax Concession received

    9. Other -Drilling Grant

    Net Operating Cash Flows

    Current quarter

    $A'000

    Year to date (12 months)

    $A'000

    - (189)

    -

    - (251)

    -

    -

    5

    -

    -

    -

    - (1,963)

    -

    - (1,062)

    -

    -

    8

    -

    - 98

    (435)

    (2,919)

    Cash flows related to investing activities

    1. Payment for purchases of:

      1. prospects

      2. equity investments

      3. other fixed assets

      4. deposits

      5. Proceeds from sale of: (a) prospects

      1. Refund deposits

      2. Payment for deposits

      1. Loans to other entities

      2. Loans repaid by other entities

      3. Other (provide details if material)

      4. Total operating and investing cash flows (carried forward)

      Net investing cash flows

      -

      -

      -

      -

      -

      -

      -

      -

      -

      -

      -

      - (2)

      -

      - 36

      (1)

      -

      -

      -

      -

      33

      (435)

      (2,886)

      1.13 Total operating and investing cash flows (brought forward)

      (435)

      (2,886)

      Cash flows related to financing activities

      204

      3,591

      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 expenses

      (26)

      (179)

      Net financing cash flows

      178

      3,412

      Net increase (decrease) in cash held

      (257)

      526

      1.20 Cash at beginning of quarter/year to date

      1,261

      478

      1.21 Exchange rate adjustments to item 1.20

      -

      -

      1.22 Cash at end of quarter

      1,004

      1,004

      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

      1. Aggregate amount of payments to the parties included in item 1.2 116

      2. Aggregate amount of loans to the parties included in item 1.10 -

      3. Explanation necessary for an understanding of the transactions

      Amount includes Executive Director Salary and prior period accrued Non-Executive Directors fees now paid during the quarter of $25K.

      Non-cash financing and investing activities

      1. Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

        Nil

      2. Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

      Nil

      Financing facilities available

      Add notes as necessary for an understanding of the position.

      Amount available

      $A'000

      Amount used

      $A'000

      Nil

      Nil

      Nil

      Nil

      1. Loan facilities

      2. Credit standby arrangements

      Estimated cash outflows for next quarter

      1. Exploration and evaluation

      2. Development

      3. Production

      4. Administration

      $A'000

      200

      -

      -

      200

      Total

      400

      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

      1. Cash on hand and at bank

      2. Deposits at call

      3. Bank overdraft

      4. Other (provide details)

      244

      34

      760

      1,227

      -

      -

      -

      -

      Total: cash at end of quarter (item 1.22)

      1,004

      1,261

      Changes in interests in mining tenements

      Tenement reference

      Nature of interest (note (2))

      Interest at beginning of quarter

      Interest at end of quarter

      E80/4396

      Direct

      100%

      0%

      Nil

      1. Interests in mining tenements relinquished, reduced or lapsed

      2. 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 quoted

      Issue price per security (see note

      3) (cents)

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

      7.1 Preference

      N/A

      +securities

      (description)

      7.2 Changes during

      quarter

      7.3 +Ordinary securities

      233,829,247

      233,829,247

      Fully paid

      Fully paid

      7.4 Changes during

      1,662,500

      1,662,500

      12 cents each

      Fully paid

      quarter

      Increases through -

      Exercise of options

      Exercise of options

      50,000

      50,000

      8 cents each

      Fully paid

      Decreases through

      returns of capital,

      buy-backs

      7.5 +Convertible debt securities (description)

      0

      -

      1. Changes during quarter

        1. Increases through issues

        2. Decreases through securities matured, converted

        7.7 Options (description

        3,000,000

        -

        Exercise price

        Expiry date

        3 March 2018

        31 December 2016

        30 September 2017

        11 November 2017

        and conversion

        factor)

        Options

        $0.16162

        Options

        3,000,000

        -

        $0.08

        Options

        6,668,750

        -

        $0.12

        Options

        450,000

        -

        $0.08

        7.8 Issued during quarter

        500,000

        -

        $0.08

        11 November 2017

        Options

        7.9 Exercised during

        1,662,500

        -

        $0.12

        30 September 2017

        quarter

        50,000

        -

        $0.08

        11 November 2017

        7.10 Expired during

        5,250,000

        -

        $0.20

        30 June 2016

        quarter

        Options

        Hexagon Resources Limited published this content on 29 July 2016 and is solely responsible for the information contained herein.
        Distributed by Public, unedited and unaltered, on 29 July 2016 00:21:09 UTC.

        Original documenthttp://hexagonresources.com/wp-content/uploads/2016/07/20160729-Quarterly-Cash-Flow-Report.pdf

        Public permalinkhttp://www.publicnow.com/view/828A81A421FE6CF56FA0D4B87B45E627027EA11B