Appendix 5B

+Rule 5.5

Mining exploration entity and oil and gas 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, 01/05/13, 01/09/16

Name of entity

MAGNETIC RESOURCES NL

ABN Quarter ended ("current quarter")

34121370232 30/06/2017

Consolidated statement of cash flows Currentquarter $A'000
  1. Cash flows from operating activities Year to date (12months) $A'000

  2. Receipts from customers

  3. Payments for

  4. exploration & evaluation

  5. development

  6. production

    39 54

    (291) (801)

  7. staff costs (162) (615)

  8. administration and corporate costs (121) (591)

  9. Dividends received (see note 3)

  10. Interest received 7 32

  11. Interest and other costs of finance paid

  12. Income taxes paid

  13. Research and development refunds 0 158

  14. Other (insurance recoveries) 55 55

    1.9 Net cash from / (used in) operating activities (473) (1708)
  15. Cash flows from investing activities

  16. Payments to acquire:

  17. property, plant and equipment

  18. tenements (see item 10)

  19. investments

    (1) (2)

    Consolidated statement of cash flows Currentquarter $A'000

  20. other non-current assets

  21. Proceeds from the disposal of:

  22. property, plant and equipment

  23. tenements (see item 10)

  24. investments

  25. other non-current assets

  26. Cash flows from loans to other entities

  27. Dividends received (see note 3)

  28. Other (provide details if material)

    Year to date (12months) $A'000 2.6 Net cash from / (used in) investing activities (1) (2)
  29. Cash flows from financing activities

  30. Proceeds from issues of shares

  31. Proceeds from issue of convertible notes

  32. Proceeds from exercise of share options

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

  34. Proceeds from borrowings

  35. Repayment of borrowings

  36. Transaction costs related to loans and borrowings

  37. Dividends paid

  38. Other (provide details if material)

    3.10 Net cash from / (used in) financing activities

    2043

    (90)

    0 1953
  39. Net increase / (decrease) in cash and cash equivalents for the period

  40. Cash and cash equivalents at beginning of period

  41. Net cash from / (used in) operating activities (item 1.9 above)

  42. Net cash from / (used in) investing activities (item 2.6 above)

  43. Net cash from / (used in) financing activities (item 3.10 above)

    1196 479

    (473) (1708)

    (1) (2)

    0 1953

    Consolidated statement of cash flows Currentquarter $A'000

  44. Effect of movement in exchange rates on cash held

    Year to date (12months) $A'000 4.6 Cash and cash equivalents at end of period 722 722
  45. 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

  46. Bank balances 110 157

  47. Call deposits 612 1039

  48. Bank overdrafts

  49. Other (provide details)

    5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 722 1196
  50. Payments to directors of the entity and their associates Currentquarter $A'000

  51. Aggregate amount of payments to these parties included in item 1.2 79

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

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

  54. Payments to related entities of the entity and their associates

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

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

    Current quarter $A'000

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

  58. Financing facilities available Add notes as necessary for an understanding of the position

  59. Loan facilities

  60. Credit standby arrangements

  61. Other (please specify)

    Total facility amount at quarter end $A'000 Amount drawn at quarter end $A'000

  62. Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those facilities as well.

  63. 9.

    Estimated cash outflows for next quarter

    $A'000

    9.1

    Exploration and evaluation

    300

    9.2

    Development

    -

    9.3

    Production

    -

    9.4

    Staff costs

    172

    9.5

    Administration and corporate costs

    162

    9.6

    Other (provide details if material)

    -

    9.7

    Total estimated cash outflows

    634

    10.

    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

    10.1

    Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced

    10.2

    Interests in mining tenements and petroleum tenements acquired or increased

    Compliance statement

    1. This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.

    2. This statement gives a true and fair view of the matters disclosed.

      3. Sign here: ............................................................ Date: 31 July 2017

      Company secretary

      Print name: BEN DONOVAN

    Magnetic Resources NL published this content on 31 July 2017 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 08 August 2017 09:01:03 UTC.

    Original documenthttp://www.magres.com.au/announcements/20170731%20Quarterly%20Cashflow%20Report%20-%20June%202017.pdf

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