AI assistant
CLASSIC MINERALS LTD — Capital/Financing Update 2013
May 21, 2013
64664_rns_2013-05-21_3e84c6ad-95d3-495b-97da-3f05173757d6.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [212 x 54] intentionally omitted <==
ACN 119 484 016
Phone: 08 9 349 5101 Fax: 08 9 349 5103
Postal: PO Box 6251 East Perth WA 6892 Address: Suite 2, 40 Cedric Street, Stirling WA 6021
Email: [email protected] Web: www.classicminerals.com.au
16 May 2013
The Directors ASX Compliance Pty Ltd Level 8, Exchange Plaza 2 The Esplanade, Perth WA 6000
Dear Sirs,
PROFORMA STATEMENT OF FINANCIAL POSITION BASED ON ACTUAL FUNDS RAISED
| Current Assets Cash assets Receivables Total Current Assets Non Current Assets Bonds Capitalised acquisition and option costs Fixed assets at WDV Other financial assets Total Non Current Assets Total Assets Trade payables and accruals Employee provisions Loans from associates and others Total Current Liabilities Total Liabilities Net Assets (Liabilities) Equity Issued capital Accumulated losses Total Equity (Deficiency) |
$3.56m Pro-forma Classic 30-Apr-13 $ 2,839,207 200,000 |
|---|---|
| 3,039,207 | |
| 3,641 53,000 103,281 550,000 |
|
| 709,922 | |
| 3,749,129 | |
| - 2,500 - |
|
| 2,500 | |
| 2,500 | |
| 3,746,629 | |
| 9,103,871 -5,357,242 |
|
| 3,746,629 |
==> picture [141 x 265] intentionally omitted <==
==> picture [141 x 264] intentionally omitted <==
==> picture [212 x 54] intentionally omitted <==
ACN 119 484 016
Phone: 08 9 349 5101 Fax: 08 9 349 5103 Postal: PO Box 6251 East Perth WA 6892 Address: Suite 2, 40 Cedric Street, Stirling WA 6021
Email: [email protected] Web: www.classicminerals.com.au
Revised due to Actual Funds Use of funds per prospectus raised Exploration expenditure (year 1) - note 1 765,000 Administration costs (year 1) 465,000 Exploration expenditure (year 2) - note 1 1,240,000 Administration costs (year 2) 489,000 Acquisition of Dohertys 80,000 3,039,000 Remaining Cash 207
Exploration expenditure (year 2) - note 1 Administration costs (year 2) Acquisition of Dohertys Remaining Cash Note 1- Exploration expenditure Project Fraser Range Dohertys Mt Maitland Cowarna Rocks Kind Regards, Justin Doutch Executive Director |
, 1,240,000 489,000 80,000 3,039,000 207 Year 1 Year 2 460,000 740,000 50,000 60,000 90,000 195,000 165,000 245,000 |
Total 1,200,000 110,000 285,000 410,000 2,005,000 |
|---|---|---|
| 765,000 1,240,000 |
||