STRANDLINE RESOURCES LIMITED Rule 5.5
Mining exploration entity and oil and gas 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, 01/05/2013
Name of entity
Strandline Resources Limited
ABN Quarter ended ("current quarter")
32 090 603 642 30 June 2015
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
Net Operating Cash Flows
+ See chapter 19 for defined terms.
31 July 2015 Appendix 5B Page 1
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly reportNet investing cash flows
1.13 Total operating and investing cash flows
(carried forward)
Current quarter
$A'000
1.23 Aggregate amount of payments to the parties included in item 1.2 88
1.24 Aggregate amount of loans to the parties included in item 1.10 ‐
1.25 Explanation necessary for an understanding of the transactions
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
None.
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
Torrens Mining Limited has the right to earn a 51% participating interest in the MG14 and Windabout copper‐cobalt‐silver deposits at Mount Gunson by delivering a Bankable Feasibility Study by August 2016 or incurring project expenditure of $2.5 million, whichever occurs first.
+ See chapter 19 for defined terms.
Appendix 5B Page 2 31 July 2015
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report Financing facilities available
3.1 Loan facilities
3.2 Credit standby arrangements
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.
5.1 Cash on hand and at bank
5.2 Deposits at call
5.3 Bank overdraft
5.4 Other (provide details)
Total: cash at end of quarter (item 1.22)
*Strandline received shareholder approval on 10 July 2015 to acquire Jacana Resources Tanzania (JRT). Strandline will issue up to 500.3M shares to acquire the assets of JRT which includes exploration assets in Tanzania and a cash balance as at 1 July 2015 of $900,000, net of any liabilities.
Subsequent to the end of the June quarter, Strandline and Jacana entered into a loan agreement to provide a loan facility of $250,000 to fund Strandline's working capital requirements.
+ See chapter 19 for defined terms.
31 July 2015 Appendix 5B Page 3
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report Changes in interests in mining tenements and petroleum tenements
6.1 Interests in mining tenements and petroleum tenements relinquished, reduced or lapsed
6.2 Interests in mining tenements and petroleum tenements acquired or increased
Refer to Appendix 1 for a full tenement listing
Issued and quoted securities at end of current quarterDescription includes rate of interest and any redemption or conversion rights together with prices and dates.
7.5 +Convertible debt securities
(description)
7.6 Changes during quarter
(a) Increases through issues
(b) Decreases through securities matured, converted
+ See chapter 19 for defined terms.
Appendix 5B Page 4 31 July 2015
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
7.12 Unsecured notes (totals only)
1 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 give a true and fair view of the matters disclosed.
Sign here: Date: 31 July 2015 (Chief Financial Officer and Company Secretary)
Print name: Geoff James
+ See chapter 19 for defined terms.
31 July 2015 Appendix 5B Page 5
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report 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 and petroleum 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 or petroleum 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 Resources and AASB 107: Statement of Cash Flows apply 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.
Appendix 5B Page 6 31 July 2015
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report Strandline Resources Limited Appendix 1 - Tenement Listing Coburn Mineral Sands Development Project (100%), Shark Bay District, Western Australia ELs 09/939, 09/940
MLs 09/102, 09/103, 09/104, 09/105, 09/106, 09/111, 09/112
Ls 09/21, 09/43
Mount Gunson Copper Exploration Project (100%), Woomera District, South Australia ELs 4460, 5108, 5333
Fowlers Bay Nickel Exploration Project (100%), Ceduna District, South Australia EL 4440
Tanzania Mineral Sands Exploration Projects (100%), Republic of Tanzania PLs 7588/2012, 9332/2013, 9427/2013, 9976/2014, 8134/2012, 8196/2012, 8185/2012,
9971/2014, 8197/2012, 9972/2014, 9977/2014, 7940/2012, 9980/2014, 9969/2014,
9970/2014, 9978/2014
+ See chapter 19 for defined terms.
31 July 2015 Appendix 5B Page 7
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