Rift Valley Resources Africa Pty : Quarterly Cashflow Report

Name of entity

RIFT VALLEY RESOURCES LIMITED

ABN

Quarter ended ('current quarter')

86 121 985 395

30 September 2014

Cash flows related to operating activities

Current quarter

$A'000

Year to date (3 months)

$A'000

1.1

Receipts from product sales and related debtors

-

-

1.2

Payments for (a) exploration & evaluation

1. development

2. production

3. administration

(237)

-

- (174)

(237)

-

- (174)

1.3

Dividends received

-

-

1.4

Interest and other items of a similar nature received

10

10

1.5

Interest and other costs of finance paid

-

-

1.6

Income taxes paid

-

-

1.7

Other (provide details if material)

-

-

Net Operating Cash Flows

(401)

(401)

Cash flows related to investing activities

-

-

-

-

-

-

1.8

Payment for purchases of: (a) prospects

1. equity investments

2. other fixed assets

1.9

Proceeds from sale of: (a) prospects

1. equity investments

2. other fixed assets

-

-

-

-

-

-

1.10

Loans to other entities

-

-

1.11

Loans repaid by other entities

-

-

1.12

Other (provide details if material)

-

-

Net investing cash flows

-

-

1.13

Total operating and investing cash flows (carried forward)

(401)

(401)

1.13

Total operating and investing cash flows (brought forward)

(401)

(401)

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

Dividends paid

-

-

1.19

Other (provide details if material)

-

-

Net financing cash flows

-

-

Net increase (decrease) in cash held

(401)

(401)

1.20

Cash at beginning of quarter/year to date

2,054

2,054

1.21

Exchange rate adjustments to item 1.20

(8)

(8)

1.22

Cash at end of quarter

1,645

1,645

Current quarter

$A'000

1.23

Aggregate amount of payments to the parties included in item 1.2

98

1.24

Aggregate amount of loans to the parties included in item 1.10

-

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

N/A

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

N/A

Amount available

$A'000

Amount used

$A'000

3.1

Loan facilities

N/A

N/A

3.2

Credit standby arrangements

N/A

N/A

$A'000

4.1

Exploration and evaluation

500

4.2

Development

-

4.3

Production

-

4.4

Administration

260

Total

760

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

5.1

Cash on hand and at bank

1,645

2,054

5.2

Deposits at call

-

-

5.3

Bank overdraft

-

-

5.4

Other (provide details)

-

-

Total: cash at end of quarter (item 1.22)

1,645

2,054

Tenement reference and location

Nature of interest (note (2))

Interest at beginning of quarter

Interest at end of quarter

Total number

Number quoted

Issue price per security (see note

3) (cents)

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

7.1

Preference

+securities

(description)

7.2

Changes during quarter

1. Increases through issues

2. Decreases through returns of capital, buy- backs, redemptions

7.3

+Ordinary

securities

329,580,110

329,580,110

Fully Paid

Fully Paid

7.4

Changes during quarter

1. Increases through issues

2. Decreases through returns of capital, buy- backs

7.5

+Convertible

debt securities

(description)

7.6

Changes during quarter

1. Increases through issues

2. Decreases through securities matured, converted

7.7

Options (description and conversion factor)

Performance Rights

5,000,000

2,500,000

3,750,000

$0.27

$0.27

Nil

18 Mar 15

31 May 15

Vest 31 December

2014

7.8

Issued during quarter

7.9

Exercised during quarter

7.10

Expired during quarter

(12,000,000)

$0.10

4 Oct 14