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CENTAURUS METALS LIMITED — Interim / Quarterly Report 2013
Apr 28, 2013
64715_rns_2013-04-28_368833e7-9061-4582-abe1-d9733158c56e.pdf
Interim / Quarterly Report
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Appendix 5B Mining exploration entity 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, 1/6/10, 17/12/10
Name of entity
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CENTAURUS METALS LIMITED
ABN Quarter ended (“current quarter”)
40 009 468 099 31 March 2013
Consolidated statement of cash flows
Current quarter Year to date
Cash flows related to operating activities $A’000 (3 months)
$A’000
1.1 Other debtors - -
1.2 Payments for
(a) exploration, evaluation and project generation (3,006) (3,006)
(b) development (247) (247)
(c) production - -
(d) administration (1,424) (1,424)
1.3 Dividends received - -
1.4 Interest and other items of a similar nature 304 304
received
1.5 Interest and other costs of finance paid - -
1.6 Income taxes paid - -
1.7 Proceeds from court settlement - -
Net Operating Cash Flows (4,373) (4,373)
Cash flows related to investing activities
1.8 Payment for:
(a) prospects (962) (962)
(b) equity investments - -
(c) other fixed assets (140) (140)
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 – security deposit refunds/(payments) - -
Net investing cash flows (1,102) (1,102)
1.13 Total operating and investing cash flows
(carried forward) (5,475) (5,475)
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- See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
| 1.13 Total operating and investing cash flows (brought forward) |
(5,475) | (5,475) |
|---|---|---|
| Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 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 – share issue costs 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 ofquarter |
(5,475) 23,403 15 |
(5,475) 23,403 15 |
| 17,943 | 17,943 |
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 |
|---|---|---|
| 274 | ||
| - | ||
| 1.25 | Explanation necessary for an understanding of the transactions | |
| Executive Directors Remuneration Non-Executive Directors Remuneration |
206 68 |
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
None.
- 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
None.
- See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
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 |
Estimated cash outflows for next quarter
| 4.1 Exploration, evaluation and project generation 4.2 Development 4.3 Production 4.4 Administration |
$A’000 |
|---|---|
| 1,500 | |
| 6,000 | |
| - | |
| 1,500 | |
| Total | 9,000 |
Reconciliation of cash
| Reconciliation of cash | ||
|---|---|---|
| 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. | ||
| 5.1 Cash on hand and at bank |
40 | 40 |
| 5.2 Deposits at call |
17,903 | 23,363 |
| 5.3 Bank overdraft |
- | - |
| 5.4 Other (provide details) |
- | - |
| Total: cash at end of quarter(item 1.22) | 17,943 | 23,403 |
- See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
Changes in interests in mining tenements
| Changes in interests in mining tenements | Changes in interests in mining tenements | ining tenements | ining tenements | ining tenements | ||||
|---|---|---|---|---|---|---|---|---|
| Tenement reference Nature of interest (note(2)) 6.1 Interests in mining tenements relinquished, reduced or lapsed 834.347/2007 Guanhaes Regional 834.352/2007 Guanhaes Regional 833.895/2007 Itamarandiba 831.413/2008 Itambe 831.414/2008 Itambe 832.335/2008 Itambe 830.922/2009 Itambe 830.923/2009 Itambe 830.924/2009 Itambe 815.909/2007 Brusque 815.810/2010 Brusque 815.891/2010 Brusque 831.212/2009 Ponte de Pedra 831.213/2009 Ponte de Pedra 832.692/2009 Ponte de Pedra 832.692/2009 Ponte de Pedra 872.208/2007 Serra da Lontra Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner 6.2 Interests in mining tenements acquired or increased Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with |
Tenement reference | Nature of interest (note(2)) |
Interest at beginning of quarter |
Interest at end of quarter |
||||
| 834.347/2007 Guanhaes Regional 834.352/2007 Guanhaes Regional 833.895/2007 Itamarandiba 831.413/2008 Itambe 831.414/2008 Itambe 832.335/2008 Itambe 830.922/2009 Itambe 830.923/2009 Itambe 830.924/2009 Itambe 815.909/2007 Brusque 815.810/2010 Brusque 815.891/2010 Brusque 831.212/2009 Ponte de Pedra 831.213/2009 Ponte de Pedra 832.692/2009 Ponte de Pedra 832.692/2009 Ponte de Pedra 872.208/2007 Serra da Lontra |
Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner Owner |
100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% |
- - - - - - - - - - - - - - - - |
|||||
| Total number | Number quoted | Issue price per security (see note 3) (cents) |
Amount paid up per security (see note 3) (cents) |
|||||
| 7.1 Preference +securities (description) 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy- backs, redemptions |
||||||||
| 7.3 +Ordinary securities |
195,747,919 | 195,747,919 |
- See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
| 7.4 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy- backs |
||||||||
|---|---|---|---|---|---|---|---|---|
| 7.5 +Convertible debt securities (description) 7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted |
||||||||
| 7.7 Options and Performance Rights (description and conversion factor) 7.8 Issued during quarter 7.9 Exercised during quarter 7.10 Expired during quarter |
Total number 14,500,000 |
Number quoted - |
Exercise price Refer to Appendix 1 for details |
Expiry date | ||||
| 3,700,000 | - | |||||||
| - | - | |||||||
| 2,431,250 | - | |||||||
| 7.11 Debentures (totals only) |
||||||||
| 7.12 Unsecured 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.
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Sign here: Date: 29 April 2013
(Company Secretary)
Print name: Geoff James
- See chapter 19 for defined terms.
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Appendix 5B Mining exploration entity quarterly report
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 6: Exploration for and Evaluation of Mineral Resources and AASB 107: 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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Appendix 5B Mining exploration entity quarterly report
Centaurus Metals Limited
Appendix 1 – Options and Performance Rights
| Expiry date | Exerciseprice | Employee Options | Employee Options | Non - Employee Options |
Non - Employee Options |
Total number of shares under option |
|---|---|---|---|---|---|---|
| Vested | Unvested | Vested | Unvested | |||
| 01/10/2013 31/12/2013 01/01/2014 17/07/2014 17/07/2014 17/07/2014 17/07/2014 31/08/2014 31/08/2014 31/08/2014 01/10/2014 31/10/2014 31/12/2014 31/12/2014 31/12/2014 17/01/2015 15/02/2015 06/03/2015 31/03/2015 31/03/2015 31/03/2015 19/07/2015 29/08/2015 30/11/2015 04/02/2016 30/01/2017 |
$0.88 $1.20 $1.04 $0.40 $0.60 $0.80 $0.96 $0.80 $0.96 $1.20 $0.88 $0.56 $0.80 $1.30 $1.80 $1.04 $0.64 $1.04 $0.64 $0.80 $0.96 $0.76 $0.80 $0.88 $1.04 $0.80 |
12,500 50,000 - 125,000 281,250 406,250 125,000 - - - 56,250 2,000,000 - - - 6,250 - 12,500 62,500 62,500 62,500 12,500 6,250 62,500 37,500 100,000 |
- - - - - - - - - - 162,500 - 300,000 - - 31,250 93,750 - 250,000 - - 75,000 31,250 62,500 150,000 300,000 |
- - 62,500 - - - - 625,000 625,000 3,750,000 - - 200,000 200,000 - - - - - - - - - - - - |
- - - - - - - - - - - - - - 400,000 - - - - - - - - - - - |
12,500 50,000 62,500 125,000 281,250 406,250 125,000 625,000 625,000 3,750,000 218,750 2,000,000 500,000 200,000 400,000 37,500 93,750 12,500 312,500 62,500 62,500 87,500 37,500 125,000 187,500 400,000 |
| Total | 3,481,250 | 1,456,250 | 5,462,500 | 400,000 | 10,800,000 |
| Expiry date | Exerciseprice | Employee Rights | Employee Rights | Non - Employee Rights |
Non - Employee Rights |
Total number of shares under right(1) |
|---|---|---|---|---|---|---|
| Vested | Unvested | Vested | Unvested | |||
| 14/08/2017 03/12/2017 |
$0.00 $0.00 |
- - |
3,200,000 500,000 |
- - |
- - |
3,200,000 500,000 |
| Total | - | 3,700,000 | - | - | 3,700,000 |
(1) Represents the total number of shares that may be issued upon the exercise of vested performance rights. Performance rights will only vest if the relevant performance conditions are met.
- See chapter 19 for defined terms.
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