4DS MEMORY LIMITED — Interim / Quarterly Report 2012

Apr 29, 2012

Appendix 5B Mining exploration entity quarterly report

Rule 5.3

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

	Name of entity	Name of entity
	Fitzroy Resources Limited
	ABN128 378 745Consolidated statement of cash flows
				31 March 2012
Cash flows related to operating activities1.1Receipts from product sales and relateddebtors1.2Payments for (a) exploration & evaluation(b) development(c) production(d) administration1.3Dividends received1.4Interest and other items of a similar naturereceived1.5Interest and other costs of finance paid1.6Income taxes paid1.7Other (provide details if material)Net Operating Cash Flows		Current quarter$A’000		Year to date(9.months)$A’000
		(210)(150)3672		(935)(403)10836
		(253)		(1,194)
Cash flows related to investing activities1.8Payment forpurchases of: (a) prospects(b) equity investments(c) other fixed assets1.9Proceeds fromsale of:(a) prospects(b) equity investments(c) other fixed assets1.10Loans to other entities1.11Loans repaid by other entities1.12Other (provide details if material)Net investing cash flows1.13Total operating and investing cash flows(carriedforward)		--		(4)8
		-		4
		(253)		(1,190)

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

	1.13Total operating and investing cash flows(broughtforward)	(253)	(1,190)	(1,190)	(1,190)
	Cash flows related to financing activities1.14Proceeds from issues of shares, options,etc.1.15Proceeds from sale of forfeited shares1.16Proceeds from borrowings1.17Repayment of borrowings1.18Dividends paid1.19Other (Capital raising costs)Net financing cash flows
	Net increase (decrease) in cash held120Cash at beginning of quarter/year to date	(253)2438	(1,190)3375
	. 1.21Exchange rate adjustments to item 1.201.22Cash at end ofquarter	,	,
		2,185	2,185

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.231.24	Aggregate amount of payments to the parties included in item 1.2Aggregate amount of loans to the parties included in item 1.10	Current quarter$A'000
		73
		Nil
1.25	Explanation necessaryforanunderstanding ofthe transactions

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

• 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

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1Loan facilities3.2Credit standby arrangements	Amount available$A’000	Amount used$A’000

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Estimated cash outflows for next quarter

Estimated cash outflows for next quarter
4.1Exploration and evaluation4.2Development4.3Production4.4Administration	$A’000
	320
	120
Total	440

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter	Current quarter	Previous quarter
(as shown in the consolidated statement of cashflows) to the related items in the accounts is asfollows.	$A’000	$A’000
5.1Cash on hand and at bank5.2Deposits at call5.3Bank overdraft5.4Other (provide details)	35	38
	2,150	2,400
Total: cash at end of quarter(item 1.22)	2,185	2,438

Changes in interests in mining tenements

	Tenement	Nature of interest	Interest at	Interest at
6.1Interests in miningtenementsrelinquished, reducedor lapsed6.2Interests in miningtenements acquired orincreased	reference	(note (2))	beginningofquarter	end ofquarter

• 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.

dates.
	Total number	Number quoted	Issue price persecurity (seenote 3) (cents)	Amount paid upper security (seenote 3) (cents)
7.1Preference+securities(description)7.2Changesduring quarter(a) Increasesthrough issues(b) Decreasesthrough returnsof capital, buy-backs,redemptions
7.3+OrdinarysecuritiesPerformanceShares(subjecttomilestones)7.4Changesduring quarter(a) Increasesthrough issues(b) Decreasesthrough returnsof capital, buy-backs	41,000,005	31,062,505
7.5+Convertibledebtsecurities(description)7.6Changesduring quarter(a) Increasesthrough issues(b) Decreasesthroughsecuritiesmatured,converted
7.7Options(descriptionand conversionfactor)7.8Issued duringquarter7.9Exercisedduring quarter7.10Expired duringquarter	6,000,0005,000,000	NilNil	Exercise price$0.30$0.30	Expiry date31/7/20156/12/2013
	Nil	Nil	Nil	Nil
	Nil	Nil	Nil	Nil
	Nil	Nil	Nil	Nil

• See chapter 19 for defined terms.

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7.11Debentures(totals only)
7.12Unsecurednotes(totalsonly)

Compliance statement

• 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 give a true and fair view of the matters disclosed.

Sign here: (Company secretary)

Date: 30 April 2012

Print name: Simon Robertson

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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