For personal use only

Rocktivity Gold Pty Ltd

ABN 92 641 813 836

Financial Statements

For the Half-Year Ended 30 September 2021

Rocktivity Gold Pty Ltd

ABN 92 641 813 836

Contents

For the Half-Year Ended 30 September 2021

Financial Statements

Directors' Report

Auditor's Independence Declaration under Section 307C of the Corporations Act 2001

Statement of Profit or Loss and Other Comprehensive Income

onlyStatement of Financial Position

For personal use

Statement of Changes in Equity

Statement of Cash Flows

Notes to the Financial Statements

Directors' Declaration

Independent Auditor's Review Report

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Rocktivity Gold Pty Ltd

ABN 92 641 813 836

Directors' Report

For personal use only

For the Half-Year Ended 30 September 2021

The directors submit the financial report of the Company for the half-year ended 30 September 2021.

Directors

The names of each person who has been a director during the half-year and to the date of this report are: Robert Gregory

Daniel Hoghton (appointed 21 July 2021)

Brendan Draper (resigned 18 May 2021)

Principal activities

Gold exploration company, with tenements in the Eastern Goldfields and Eastern Kimberley regions of Western Australia.

Review of operations

A review of the operations of the Company during the half-year and the results of those operations show whilst the company did not trade, on 16 July 2021, the company entered a sale and purchase agreement with Nu-Fortune Gold Limited to acquire a tenement package in the Eastern Goldfields region of Western Australia. On 8 September 2021, the company entered into a binding term sheet agreement to acquire a tenement package in the East Kimberley region of Western Australia. On 16 September 2021, Croplogic Limited entered a binding terms sheet agreement to acquire 100% of the company and an option to acquire all of the tenements held in the company as part of the re-admission of Croplogic Limited to the official list of the Australian Securities Exchange.

Auditor's independence declaration

A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out immediately after this directors' report.

This report is made in accordance with a resolution of directors, pursuant to section 298(2)(a) of the Corporations Act 2001.

On behalf of the directors

Director: ...............................................................

Dated this

..............................18th

day of

..............................February 2022

1

For personal use only

AUDITOR'S INDEPENDENCE DECLARATION

As lead auditor for the review of the financial report of Rocktivity Gold Pty Ltd for the half-year ended 30 September 2021, I declare that, to the best of my knowledge and belief, there have been no contraventions of:

  1. the auditor independence requirements of the Corporations Act 2001 in relation to the review; and
  2. any applicable code of professional conduct in relation to the review.

RSM AUSTRALIA PARTNERS

Perth, WA

AIK KONG TING

Dated: 18 February 2022

Partner

Rocktivity Gold Pty Ltd

ABN 92 641 813 836

Statement of Profit or Loss and Other Comprehensive Income

For personal use only

For the Half-Year Ended 30 September 2021

Other expenses

Loss before income tax

Income tax expense

Loss from continuing operations

Loss for the half-year

Other comprehensive income for the half-year, net of tax

Total comprehensive loss for the half- year

17 June 2020

30 September

to 30

September

2021

2020

Note

$

$

3

(85,761)

-

(85,761)

-

-

-

(85,761)

-

(85,761)

-

-

-

(85,761)

-

The accompanying notes form part of these financial statements.

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Olympic Metals Ltd. published this content on 23 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2022 03:55:02 UTC.