Microsoft Word - Sipa 5b 30 June 2015
Appendix 5B Mining exploration entity quarterly report
Appendix 5B
Mining exploration entity quarterly report
Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.
Name of entity
SIPA RESOURCES LIMITED
Rule 5.3
ABN Quarter ended ("current quarter")
26 009 448 980 30 June 2015
Consolidated statement of cash flows
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 (provide details if material)
- Exploration recouped from JV partners
- Other sundry income
Net Operating Cash Flows
+ See chapter 19 for defined terms.
30/9/2001 Appendix 5B Page 1
Appendix 5B Mining exploration entity quarterly report
1.13 Total operating and investing cash flows
(brought forward)
|
(1,480)
|
(3,845)
|
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) - share issue costs
Net financing cash flows
|
5,914
-
-
-
- (68)
|
5,915
-
-
-
- (71)
|
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) - share issue costs
Net financing cash flows
|
5,846
|
5,844
|
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
|
4,366
1,809
|
1,999
4,176
|
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
|
6,175
|
6,175
|
Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities
Current quarter
$A'000
1.23 Aggregate amount of payments to the parties included in item 1.2 130
1.24 Aggregate amount of loans to the parties included in item 1.10 -
1.25 Explanation necessary for an understanding of the transactions
Payment for remuneration of directors.
Non-cash financing and investing activities
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
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 available
Add notes as necessary for an understanding of the position.
3.1 Loan facilities
3.2 Credit standby arrangements
+ See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
Estimated cash outflows for next quarter
4.1 Exploration and evaluation
4.2 Development
4.3 Production
4.4 Administration
Reconciliation of cash
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.
Changes in interests in mining tenements
6.1 Interests in mining tenements relinquished, reduced or lapsed
6.2 Interests in mining tenements acquired or increased
+ See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
Issued and quoted securities at end of current quarter
Description includes rate of interest and any redemption or conversion rights together with prices and dates.
7.12 Unsecured notes
(totals only)
* Expired subsequent to the end of the Quarter.
+ See chapter 19 for defined terms.
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Compliance statement
Appendix 5B Mining exploration entity quarterly report
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 4).
2 This statement does /does not* (delete one) give a true and fair view of the matters disclosed.
Sign here: .................... Date: ..... 27 July 2015 (Director/Company secretary)
Print name: .....Tara Robson....................................................
Notes
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 1022: Accounting for Extractive
Industries and AASB 1026: Statement of Cash Flows apply to this report.
5 Accounting Standards ASX will accept, for example, the use of International Accounting 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.
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Appendix 5B Mining exploration entity quarterly report
APPENDIX - ASX LISTING RULE 5.3.3
Mining Tenements Acquired during Quarter:
There were no tenements acquired during the quarter. Mining Tenements Disposed during this Period: There were no tenements disposed during the period. .
Mining Tenements Held at End of Quarter:
Tenement reference
|
Project
|
Nature of interest
|
Beneficial
Interest at beginning of quarter
|
Beneficial
Interest at end of quarter
|
EL 1048
EL 1049
EL 1050
EL 1051
EL 1052
EL 1053
EL 1220
EL 1221
EL1229
EL 1270
EL 1271
EL 1272
EL 1273
EL 1321
EL 1322
EL 1389
EL1487(form erly TN2145) TN2146
|
Kitgum-Pader
Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader Kitgum-Pader
Kitgum-Pader
|
Granted
Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Granted Application
Application
|
80%
80%
80%
80%
80%
80%
80%
80%
80%
80%
80%
80%
80%
80%
80%
80%
100%
100%
|
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
|
In January 2015, a wholly owned subsidiary of Sipa, completed the acquisition of the shares in
SiGe East Africa Pty Ltd (SiGe East Africa), from Geocrust Pty Ltd (Geocrust) to become the
100% holder of the Kitgum-Pader base and precious metals project in Uganda, East Africa.
+ See chapter 19 for defined terms.
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