AVIRA RESOURCES LTD — Interim / Quarterly Report 2014

Mar 4, 2014

MGT Resources Limited Half-year report

APPENDIX 4D HALF-YEAR REPORT

1. Company details

Name of entity: ABN: Reporting period: Previous corresponding period:

MGT Resources Limited 38 131 715 645 Half-year ended 31 December 2013 Half-year ended 31 December 2012

2. Results for announcement to the market

Revenues from ordinary activities N/A Loss from ordinary activities after tax attributable to the owners of down 17.8 % to ($1,595,641) MGT Resources Limited Loss for the period attributable to the owners of MGT Resources Limited down 30.5% to ($1,503,641)

Dividends

There were no dividends paid or declared during the current financial period.

Comments

The loss for the consolidated entity after providing for income tax amounted to ($1,595,641) (31 December 2012: loss $1,354,855)

3. NTA backing

Reporting period Previous corresponding period Net tangible asset backing per ordinary 0.020 cents 0.029 cents security

4. Control gained over entities

Name of entities (or group of entities)

Name of entities (or group of entities) Not applicable – control gained previously Date control gained 2009 Contribution of such entities to the reporting entity’s - profit/(loss) from ordinary activities during the period (where material) Profit/(loss) from ordinary activities after tax of the controlled - Entity (or group of entities) for the whole of the previous Corresponding period (where material)

MGT Resources Limited Half-year report

5. Loss of control over entities

Name of entities (or group of entities)

Name of entities (or group of entities) Not applicable Date control gained - Contribution of such entities to the reporting entity’s - profit/(loss) from ordinary activities during the period (where material) Profit/(loss) from ordinary activities after tax of the controlled - Entity (or group of entities) for the whole of the previous Corresponding period (where material)

6. Dividends

Current period

There were no dividends paid of declared during the current financial period.

Previous corresponding period

There were no dividends paid of declared during the previous financial period.

7. Dividend reinvestment plans

The following dividend or distribution plans are in operation:

Not applicable.

The last date(s) for receipt of election notices for the dividend or distribution plans: Not applicable

8. Details of associates and joint venture entities

Name of associate/joint venture: Not applicable

9. Foreign entities

Details of origin of accounting standards used in compiling the report

Not applicable.

10. Audit report/Review subject to modified opinion

Audit has issued a modified opinion with an emphasis of matter paragraph regarding going concern for the December 2013 consolidated financial report.