Level 11, 139 Macquarie Street, Sydney, NSW, 2000
31 October 2013
ACTIVITIES REPORT FOR THE QUARTER ENDED 30 SEPTEMBER 2013
Murchison Metals Ltd ("Murchison" or the "Company") is an Australian ASX Listed Company.
During the quarter, and as previously announced, the Company confirmed the completion of the off- market buy-back. The total number of Murchison Metals Limited shares currently on issue is
278,236,477. The Company also announced the resignation of Mr SC Shin as a director of the
Company and the appointment of Mark Licciardo as a director of the Company.
Pursuant to ASX Listing rule 5.1.1 and 5.1.2 there has been no production or development activity or exploration activity undertaken during the period.
For further information, please contact:
Gabriel Radzyminski Non-Executive Director Murchison Metals Ltd Ph 02 8014 1188
-ENDS-
Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10, 17/12/10
Name of entity
Murchison Metals Limited
Rule 5.3
ABN Quarter ended ("current quarter")
38 078 257 799 30 September 2013
Cash 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.
17/12/2010 Appendix 5B Page 1
Appendix 5B Mining exploration entity quarterly report1.13 Total operating and investing cash flows (brought forward) | (228) | (228) |
Cash flows related to financing activities 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 Share buy-back costs 1.19 Other - Share buy-back payment Net financing cash flows | - - - - (3) (7,235) | - - - - (3) (7,235) |
Cash flows related to financing activities 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 Share buy-back costs 1.19 Other - Share buy-back payment Net financing cash flows | (7,238) | (7,238) |
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of quarter | (7,466) 21,472 - | (7,466) 21,472 - |
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of quarter | 14,006 | 14,006 |
Current quarter
$A'000
8
1.23 Aggregate amount of payments to the parties included in item 1.2
-
1.24 Aggregate amount of loans to the parties included in item 1.10
1.25 Explanation necessary for an understanding of the transactions
Payments for services received by the company from Executive and Non-Executive Directors
Non-cash financing and investing activities2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows
Nil
2.2 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 availableAdd notes as necessary for an understanding of the position.
+ See chapter 19 for defined terms.
Appendix 5B Page 2 17/12/2010
3.1 Loan facilities
Appendix 5B Mining exploration entity quarterly report3.2 Credit standby arrangements
Estimated cash outflows for next quarter4.1 Exploration and evaluation
4.2 Development
4.3 Production
4.4 Administration
Reconciliation of cashReconciliation 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.
Changes in interests in mining tenements6.1 Interests in mining tenements relinquished, reduced or lapsed
6.2 Interests in mining tenements acquired or increased
+ See chapter 19 for defined terms.
17/12/2010 Appendix 5B Page 3
Appendix 5B Mining exploration entity quarterly report Issued and quoted securities at end of current quarterDescription includes rate of interest and any redemption or conversion rights together with prices and dates.
7.7 Options (description and conversion factor)
7.8 Issued during quarter
7.9 Exercised during quarter
7.10 Expired / Cancelled during quarter
+ See chapter 19 for defined terms.
Appendix 5B Page 4 17/12/2010
7.11 Debentures
(tota!s only}
7.12 Unsecured notes
(tota!s only)
+ See chapter 19 far defined terms.
Appendix SB Mining exploration entity quarterly report
17/12/2010 Appendix 58 Page 5
Appendix 5B Mining exploration entity quarterly report Compliance statement1 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 October 2013
Print name: Gabriel Radzyminski
1 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 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, 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 17/12/2010
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