ALTECH BATTERIES LTD — Interim / Quarterly Report 2012

Oct 24, 2012

Appendix 5B

Australia Minerals & Mining Group Limited – September 2012 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.

Name of entity

Australia Minerals & Mining Group Limited

ABN

Quarter ended (“current quarter”)

45 125 301 206

30 September 2012

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 and 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 (Research & Development) NetOperating Cash Flows	Current quarter $A’000	Year to date (3 Mths) $A’000
	- (461) - - (230) - 75 - - (122)	- (461) - - (230) - 75 - - (77)
	(738)	(738)
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) 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)	- - (3) - - - - - -	- - (3) - - - - - -
	(3)	(3)
	(741)	(741)

• See chapter 19 for defined terms.

Appendix 5B Page 1

30/9/2001

Appendix 5B

Australia Minerals & Mining Group Limited – September 2012 quarterly report

1.13 Total operating and investing cash flows (brought forward)	(741)	(741)
Cash flows related to financing activities 1.14 Proceeds from issues of shares/options 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 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	(741) 4,956 -	(741) 4,956 -
	4,215	4,215

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities	Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities	Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities
1.23 1.24	Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.10	Current quarter $A'000
		104
		-
1.25	Explanation necessaryfor an understandingof the transactions
	Amount included under 1.23 includes $12,915 for rental of office premises for the quarter

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 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

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	Nil	Nil
	Nil	Nil

• See chapter 19 for defined terms.

Appendix 5B Page 2

30/9/2001

Appendix 5B

Australia Minerals & Mining Group Limited – September 2012 quarterly report

Estimated cash outflows for next quarter

Estimated cash outflows for next quarter
4.1 Exploration and evaluation (includes R&D) 4.2 Development 4.3 Production 4.4 Administration	$A’000
	375
	-
	-
	120
Total	495

Reconciliation of cash

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.	Current quarter $A’000	Previous quarter $A’000
5.1 Cash on hand and at bank 5.2 Deposits at call 5.3 Bank overdraft 5.4 Other (provide details)	1,089	96
	3,126	4,860
Total: cash at end of quarter(item 1.22)	4,215	4,956

Changes in interests in mining tenements

	Tenement reference	Nature of interest (note (2))	Interest at beginning of quarter	Interest at end of quarter
6.1 Interests in mining tenements relinquished, reduced or lapsed	E04/2172	Relinquished	100%	0%
	E04/2173	Relinquished	100%	0%
	E04/2174	Relinquished	100%	0%
	E04/2175	Relinquished	100%	0%
	E04/2176	Relinquished	100%	0%
	E70/4290	Relinquished	100%	0%
	E08/2304	Relinquished	100%	0%
	E08/2351	Relinquished	100%	0%
	E09/1949	Relinquished	100%	0%
	E09/1950	Relinquished	100%	0%
	E09/1975	Relinquished	100%	0%
	E09/1990	Relinquished	100%	0%
	E70/4118	Relinquished	100%	0%
	E70/4256	Relinquished	100%	0%
	E70/4257	Relinquished	100%	0%
6.2 Interests in mining tenements acquired or increased	E04/2223	Acquired	0%	100%
	E04/2224	Acquired	0%	100%

• See chapter 19 for defined terms.

Appendix 5B Page 3

30/9/2001

Appendix 5B Australia Minerals & Mining Group Limited – September 2012 quarterly report

		E04/2225	Acquired	0%	100%
		E04/2226	Acquired	0%	100%
		E04/2227	Acquired	0%	100%
		E08/2407	Acquired	0%	100%
		E09/1999	Acquired	0%	100%
		E09/2000	Acquired	0%	100%
		E09/2001	Acquired	0%	100%
		E70/4396	Acquired	0%	100%
		E70/4397	Acquired	0%	100%
		E70/4398	Acquired	0%	100%
		E70/4409	Acquired	0%	100%
		E70/4410	Acquired	0%	100%
		E70/4421	Acquired	0%	100%

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.

	Total number	Number quoted	Issue price per security (cents)	Amount paid up per security (cents)
7.1 Preference+securities (description) 7.2 Changes during quarter	-	-
	-	-
7.3 +Ordinary securities 7.4 Changes during quarter (a) Increases through issues Fully paid Ordinary Shares Fully paid Ordinary Shares (conversion of options) (b) Decreases through returns of capital, buy-backs	107,620,002	107,620,002
	390,000 6,250,000	390,000 6,250,000
7.5 +Convertible debt securities (description) 7.6 Changes during quarter

• See chapter 19 for defined terms.

Appendix 5B Page 4

30/9/2001

Appendix 5B

Australia Minerals & Mining Group Limited – September 2012 quarterly report

7.7 Options (description and conversion factor) Listed Options (AKAOA) Class B Performance Shares Class C Performance Shares Class D Performance Shares Founder Options (AKAAM) Unlisted Options Employee Options (AKAAQ) Employee Options (AKAAS) Employee Options Employee Options Employee Rights 7.8 Issued during quarter Unlisted Options 7.9 Exercised during quarter 7.10 Expired/Lapsed during quarter	41,987,501 2,000,000 3,000,000 3,000,000 8,000,000 2,500,000 500,000 333,333 200,000 600,000 173,000	41,987,501 - - - - - - - - - -	Exercise price 20 cents - - - 20 cents 20 cents 20 cents 30 cents 25 cents 20 cents -	Expiry date 30/11/2012 9/07/2014 9/07/2014 9/07/2014 31/08/2015 15/08/2015 8/02/2015 4/02/2015 15/03/2015 31/01/2017
	2,500,000	-	20 cents	15/08/2015
7.11 Debentures (totals only)
7.12 Unsecured notes(totals only)

• See chapter 19 for defined terms.

Appendix 5B Page 5

30/9/2001

Appendix 5B Australia Minerals & Mining Group Limited – September 2012 quarterly report

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.

Piers Lewis Date: 25 October 2012 Company Secretary

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.

Appendix 5B Page 6

30/9/2001