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ALDORO RESOURCES LIMITED Capital/Financing Update 2018

Sep 10, 2018

64422_rns_2018-09-10_6343993d-1139-4b95-a671-7deb397148a3.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

7 September, 2018

PRO FORMA STATEMENT OF FINANCIAL POSITION

The pro forma financial position of Aldoro Resources Limited (ACN 622 990 809) ( Company ) based in the actual amount of funds raised pursuant to the prospectus dated 15 June 2018 ( Prospectus ) is set out below.

PRO FORMA STATEMENT OF FINANCIAL POSITION AS AT 31 MAY 2018

Assets
Current Assets
Cash and cash
equivalents
Other assets
Total current assets
Non-current assets
Other assets
Deferred exploration
expenditure
Total non-current
assets
Total assets
Liabilities
Current liabilities
Trade and other
payables
Borrowings
Total current
liabilities
Total liabilities
Net assets
Equity
Issued capital
Accumulated losses
Total equity
Notote
Audited 31-
May-18
Subsequent
events
Unaudited
31-May-18
$
$
3
300,018
(85,282)
4
55,000
-
Full Subscription

Pro forma
adj.
Unaudited 31-
May-18
Pro forma
Unaudited 31-
May-18
$
$
4,509,899
4,724,635
(50,000)
5,000
355,018
(85,282)
4,459,899
4,729,635
4
30,282
-
5
-
-
(30,282)
-
610,282
610,282
30,282
-
580,000
610,282
385,300
(85,282)
5,039,899
5,339,917
6
68,000
(50,000)
7
35,282
(35,282)
-
18,000
-
-
103,282
(85,282)
-
18,000
103,282
(85,282)
-
18,000
282,018
-
5,039,899
5,321,917
8
295,001
-
9
(12,983)
-
5,126,484
5,421,485
(86,585)
(99,568)
282,018
-
5,039,899
5,321,917

Suite 2, 1 Altona Street, West Perth WA 6005 E: [email protected] W: aldororesources.com

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The unaudited pro forma statement of financial position represents the audited statement of financial position of the Company as at 31 May 2018 adjusted for the pro forma transaction of the maximum subscription being achieved under the Prospectus. It should be read in conjunction with the notes to the historical and pro forma financial information contained in the Investigating Accountants Report contained at Annexure C of the Prospectus.

For and on behalf of the Board,

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Sarah Smith Company Secretary

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