BRIGHTSTAR RESOURCES LIMITED — Interim / Quarterly Report 2017

Aug 6, 2017

Appendix 5B Mining exploration entity and oil and gas exploration entity monthly report

+Rule 5.5

Appendix 5B

Mining exploration entity and oil and gas exploration entity monthly report

Name of entity

STONE RESOURCES AUSTRALIA LIMITED

ABN		Month ended (“current month”)
44 100 727 491		31 JULY 2017

Consolidated statement of cash flows	Consolidated statement of cash flows	Current month	Year to date
		$A’000	(1 month)
			$A’000
1.	Cash flows from operating activities
1.1	Receipts from customers	-	-
1.2	Payments for
	(a) exploration & evaluation	(22)	(22)
	(b) development	-	-
	(c) production	(7)	(7)
	(d) staff costs	(49)	(49)
	(e) administration and corporate costs	(58)	(58)
1.3	Dividends received (see note 3)	-	-
1.4	Interest received	-	-
1.5	Interest and other costs of finance paid	-	-
1.6	Income taxes paid	-	-
1.7	Research and development refunds	-	-
1.8	Other (provide details if material)	-	-
1.9	Net cash from / (used in) operating	(136)	(136)
	activities
2.	Cash flows from investing activities
2.1	Payments to acquire:
	(a) property, plant and equipment	-	-
	(b) tenements (see item 10)	-	-
	(c) investments	-	-
	(d) other non-current assets	-	-

• See chapter 19 for defined terms

1 September 2016

Page 1

Appendix 5B

Mining exploration entity and oil and gas exploration entity monthly report

Consolidated statement of cash flows	Consolidated statement of cash flows	Current month	Year to date
		$A’000	(1 month)
			$A’000
2.2	Proceeds from the disposal of:
	(a) property, plant and equipment	-	-
	(b) tenements (see item 10)	-	-
	(c) investments	-	-
	(d) other non-current assets	-	-
2.3	Cash flows from loans to other entities	-	-
2.4	Dividends received (see note 3)	-	-
2.5	Other (provide details if material)	-	-
2.6	Net cash from / (used in) investing	-	-
	activities
3.	Cash flows from financing activities
3.1	Proceeds from issues of shares	-	-
3.2	Proceeds from issue of convertible notes	-	-
3.3	Proceeds from exercise of share options	-	-
3.4	Transaction costs related to issues of	-	-
	shares, convertible notes or options
3.5	Proceeds from borrowings	45	45
3.6	Repayment of borrowings	-	-
3.7	Transaction costs related to loans and	-	-
	borrowings
3.8	Dividends paid	-	-
3.9	Other (provide details if material)	-	-
3.10	Net cash from / (used in) financing	45	45
	activities
4.	Net increase / (decrease) in cash and
	cash equivalents for the period
4.1	Cash and cash equivalents at beginning of
	period	232	232
4.2	Net cash from / (used in) operating	(136)	(136)
	activities (item 1.9 above)
4.3	Net cash from / (used in) investing activities	-	-
	(item 2.6 above)
4.4	Net cash from / (used in) financing activities	45	45
	(item 3.10 above)
4.5	Effect of movement in exchange rates on	-	-
	cash held
4.6	Cash and cash equivalents at end of	141	141
	period

• See chapter 19 for defined terms

1 September 2016

Page 2

Appendix 5B

Mining exploration entity and oil and gas exploration entity monthly report

5.	Reconciliation of cash and cash	Current month	Previous month
	equivalents	$A’000	$A’000
	at the end of the month (as shown in the
	consolidated statement of cash flows) to the
	related items in the accounts
5.1	Bank balances	116	207
5.2	Call deposits	25	25
5.3	Bank overdrafts	-	-
5.4	Other (provide details)	-	-
5.5	Cash and cash equivalents at end of	141	232
	month (should equal item 4.6 above)

6.	Payments to directors of the entity and their associates	Current month
		$A'000
6.1	Aggregate amount of payments to these parties included in item 1.2		6
6.2	Aggregate amount of cash flow from loans to these parties included		-
	in item 2.3
6.3	Include below any explanation necessary to understand the transactions included in
	items 6.1 and 6.2

The payments in item 6.1 were remunerations paid to directors for the period.

7.	Payments to related entities of the entity and their	Current month
	associates	$A'000
7.1	Aggregate amount of payments to these parties included in item 1.2		-
7.2	Aggregate amount of cash flow from loans to these parties included		-
	in item 2.3
7.3	Include below any explanation necessary to understand the transactions included in
	items 7.1 and 7.2

• See chapter 19 for defined terms 1 September 2016

Page 3

Appendix 5B

Mining exploration entity and oil and gas exploration entity monthly report

8.	Financing facilities available	Total facility amount	Amount drawn at
	Add notes as necessary for an	at month end	month end
	understanding of the position	$A’000	$A’000
8.1	Loan facilities	-		-
8.2	Credit standby arrangements	-		-
8.3	Other (please specify)	-		-
8.4	Include below a description of each facility above, including the lender, interest rate and
	whether it is secured or unsecured. If any additional facilities have been entered into or are
	proposed to be entered into after month end,	include details of those facilities as well.

9.	Estimated cash outflows for next month	$A’000
9.1	Exploration and evaluation		92
9.2	Development		-
9.3	Production		7
9.4	Staff costs		48
9.5	Administration and corporate costs		15
9.6	Other (provide details if material)		-
9.7	Total estimated cash outflows		162

10. Changes in tenements (items 2.1(b) and 2.2(b) above) Tenement reference and location Nature of interest Interest at beginning of month Interest at end of month 10.1 Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced 10.2 Interests in mining tenements and petroleum tenements acquired or increased

• See chapter 19 for defined terms 1 September 2016

Page 4

Appendix 5B

Mining exploration entity and oil and gas exploration entity monthly report

Compliance statement

• 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.

• 2 This statement gives a true and fair view of the matters disclosed.

Sign here: Company secretary

Date: 7 AUGUST 2017

Print name: TONY LAU

Notes

1. The monthly report provides a basis for informing the market how the entity’s activities have been financed for the past month and the effect on its cash position. An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.

2. If this monthly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this monthly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.

3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.

4. See chapter 19 for defined terms 1 September 2016

Page 5