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ALTECH BATTERIES LTD Interim / Quarterly Report 2012

Jul 29, 2012

64444_rns_2012-07-29_74c1feab-1d02-46a9-9421-6a0794a7823f.pdf

Interim / Quarterly Report

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Appendix 5B Australia Minerals & Mining Group Limited – June 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

ABN45 125 301 206 Quarter ended (“current quarter”)
45 125 301 206 30 JUNE 2012

Consolidated statement of cash flows

Cash flows related to operating activities1.1Receipts from product sales and related debtors1.2Payments for (a) exploration and 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 paid1.7OtherResearch & DevelopmentR&D rebateEIS rebateNetOperating Cash Flows Current quarter$A’000 Year to date (12 Mths)$A’000
-(187)--(189)-130--(137)13045 -(1,320)--(562)-456--(403)13045
(208) (1,654)
Cash flows related to investing activities1.8Payment for purchases of:(a) prospects(b) equity investments(c) other fixed assets1.9Proceeds from sale 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(carried forward) --(12)------ --(14)------
(12) (14)
(220) (1,668)
  • See chapter 19 for defined terms.

Appendix 5B Page 1

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Appendix 5B Australia Minerals & Mining Group Limited – June 2012 Quarterly Report

1.13Total operating and investing cash flows(brought forward) 1.13Total operating and investing cash flows(brought forward) (220) (1,668)
Cash flows related to financing activities1.14Proceeds from issues of shares/options1.15Proceeds from sale of forfeited shares1.16Proceeds from borrowings1.17Repayment of borrowings1.18Dividends paid1.19Other (provide details if material)Net financing cash flows ------ 41-----
- 41
Net increase (decrease) in cash held1.20Cash at beginning of quarter/year to date1.21Exchange rate adjustments to item 1.201.22Cash at end of quarter (220)5,173- (1,627)6,580-
4,953 4,953
Payments to directors of the entity and associates of the directorsPayments 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
120
-
1.25 Explanation necessaryfor an understandingof the transactions
Amount included under 1.23 includes $11,818 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 thereportingentityhas an interest
N/a

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
Nil Nil
Nil Nil
  • See chapter 19 for defined terms.

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Appendix 5B Australia Minerals & Mining Group Limited – June 2012 Quarterly Report

Estimated cash outflows for next quarter

$A’000
4.1 Exploration and evaluation (includes R&D) 200
4.2 Development -
4.3 Production -
4.4 Administration 150
Total 350

Reconciliation of cash

TotalReconciliation of cash 350
Reconciliation of cash at the end of the quarter (as Current quarter Previous quarter
shown in the consolidated statement of cash flows) to $A’000 $A’000
the related items in the accounts is as follows.
5.1Cash on hand and at bank 93 150
5.2Deposits at call 4,860 5,023
5.3Bank overdraft
5.4Other (provide details)
Total: cash at end of quarter(item 1.22) 4,953 5,173

Changes in interests in mining tenements

Tenementreference Nature of interest(note (2)) Interest atbeginning ofquarter Interestat end ofquarter
6.1Interests in miningtenements relinquished,reduced or lapsed E69/3014 Relinquished 100% 0%
E70/3935 Relinquished 100% 0%
E70/4211 Relinquished 100% 0%
E04/2155 Relinquished 100% 0%
E04/2105 Relinquished 100% 0%
100% 0%
E70/4210 Relinquished
E70/4097 Relinquished 100% 0%
E70/4208 Relinquished 100% 0%
E70/4209 Rliihd 100% 0%
enquse
E70/4177 Relinquished 100% 0%
E77/1759 Relinquished 100% 0%
E09/1880 Relinquished 100% 0%
E09/1939 Relinquished 100% 0%
100%
E70/4204 Relinquished
E70/4205 Relinquished
E70/4206E70/4207 RelinquishedRelinuished
E16/435 qRelinquished
  • See chapter 19 for defined terms.

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Appendix 5B Australia Minerals & Mining Group Limited – June 2012 Quarterly Report

6.2Interests in miningtenements acquired orincreased E70/4341 Acquired 0% 100%
E70/4372 Acquired 0% 100%
E04/2201 Acquired 0% 100%
EPM19722 Acquired 0% 100%
EPM19772 Acquired 0% 100%
EPM19773 Acquired 0% 100%
E70/4323 Acquired 0% 100%
E70/4322 Acquired 0% 100%
E77/2055 Acquired 0% 100%
E70/4348 Acquired 0% 100%
E45/4067 Acquired 0% 100%
E70/4362 Acquired 0% 100%
E70/4363 Acquired 0% 100%
E70/4364 Acquired 0% 100%
E70/4365 Acquired 0% 100%
E70/4366 Acquired 0% 100%
E70/4367 Acquired 0% 100%
E70/4368 Acquired 0% 100%
E70/4369 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 priceper security(cents) Amount paidup per security(cents)
7.1Preference+securities (description)7.2Changes during quarter - -
- -
7.3+Ordinary securities7.4Changes during quarter(a) Increases through issues(conversion of options)(b) Decreases through returns ofcapital, buy-backs 100,980,002 100,980,002
7.5+Convertible debt securities(description)7.6Changes during quarter
  • See chapter 19 for defined terms.

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Appendix 5B Australia Minerals & Mining Group Limited – June 2012 Quarterly Report

7.7Options (description and conversionfactor)Listed Options (AKAOA)Class B Performance SharesClass C Performance SharesClass D Performance SharesFounder Options (AKAAM)Employee Options (AKAAQ)Employee Options (AKAAS)Employee OptionsEmployee OptionsEmployee Rights7.8Issued during quarter7.9Exercised during quarter7.10Expired/Lapsed during quarter 41,987,5012,000,0003,000,0003,000,0008,000,000500,000333,333200,000600,000173,000 41,987,501--------- Exerciseprice20 cents---20 cents20 cents30 cents20 cents- Expiry date30/11/20129/7/20149/7/20149/7/201431/08/20158/2/20154/2/201515/9/201531/01/2017
7.11Debentures(totals only)
7.12Unsecured notes(totals only)

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: 30 JULY 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.

  • See chapter 19 for defined terms.

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Appendix 5B Australia Minerals & Mining Group Limited – June 2012 Quarterly Report

  • 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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30/9/2001