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COMPLII FINTECH SOLUTIONS LTD Interim / Quarterly Report 2011

Jan 29, 2012

64639_rns_2012-01-29_26815408-c4de-47dd-81ed-3f64d97fb948.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, 01/06/10

Name of entity

Resource Star Limited

ABN
71 098 238 585
Consolidated statement of cash flows
Quarter ended (“current quarter”)
31 December 2011
Quarter ended (“current quarter”)
31 December 2011
31 December 2011
Cash flows related to operating activities
1.1
Receipts from product sales and related debtors
1.2
Payments for
(a)
exploration and evaluation
(b)
development
(c)
production
(d)
administration
1.3
Dividends received
1.4
Interest and other items of a similar nature received
1.5
Interest and other costs of finance paid
1.6
Income taxes paid
1.7
Other (provide details if material)
Net Operating Cash Flows
Current
$A’000
quarter Year to date
(6 months)
$A’000
-
(32)
-
-
(144)
-
-
-
-
-
(138)
-
-
(454)
-
3
-
-
-
(176) (589)
Cash flows related to investing activities
1.8
Payment for purchases of:
(a)
prospects
(b)
equity investments
(c)
other fixed assets
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 (provide details if material)
Net investing cash flows
1.13
Total operating and investing cash flows (carried
forward)
-
-
-
-
-
-
-
-
-
-
-
(1)
-
-
-
-
-
-
- (1)
(176) (590)
  • See chapter 19 for defined terms.

31/12/2011

Appendix 5B Page 1

Appendix 5B Mining exploration entity quarterly report

1.13
Total operating and investing cash flows (brought
forward)
(176) (590)
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 (provide details if material)
Net financing cash flows
-
-
150
-
-
-
-
-
150
-
-
-
150 150
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
(26)
67
-
(440)
481
-
41 41

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
71
-
1.25 Explanation necessaryforanunderstanding ofthe transactions
N/A

Non-cash financing and investing activities

2.1
2.2
Details of financing and investing transactions which have had a material effect on consolidated assets and
liabilities but didnotinvolve cash flows
N/A
Details of outlays made by other entities to establish or increase their share in projects in which the reporting
entityhas an interest
N/A
  • See chapter 19 for defined terms.

Appendix 5B Page 2

31/12/2011

Appendix 5B Mining exploration entity quarterly report

Financing facilities available

Add notes as necessary for an understanding of the position.

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
- -
- -

Estimated cash outflows for next quarter

4.1
Exploration and evaluation
4.2
Development
4.3
Production
4.4
Administration
$A’000
50
-
-
150
Total 200

Reconciliation of cash

onciliation of cash
ciliation of cash at the end of the quarter (as shown in
nsolidated statement of cash flows) to the related items
accountsis asfollows.
Current quarter
$A’000
Previous quarter
$A’000
Cash on hand and at bank
Deposits at call
Bank overdraft
Other – Term Deposits
41 67
- -
- -
- -
Total: cash at end of quarter(item 1.22) 41 67

Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.

  • 5.1 Cash on hand and at bank

  • 5.2 Deposits at call

  • 5.3 Bank overdraft

  • 5.4 Other – Term Deposits

Changes in interests in mining tenements

6.1
Interests in mining
tenements relinquished,
reduced or lapsed
6.2
Interests in mining
tenements acquired or
increased
Tenement
reference
Nature of interest
(note (2))
Interest at
beginning of
quarter
Interest at
end of
quarter
EL26220
EL24614
EPL321/11
Owned
Owned
Owned
100%
100%
100%
0%
0%
0%
N/A
  • See chapter 19 for defined terms.

31/12/2011

Appendix 5B Page 3

Appendix 5B Mining exploration entity quarterly report

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
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
7.4
Changes during
quarter
(a) Increases
through issues
(b) Decreases
through returns of
capital, buy-backs
56,928,182 56,168,182
7.5
+Convertible debt
securities
Unsecured
7.6
Changes during
quarter
(a) Increases
through issues
(b) Decreases
through securities
matured,
converted
7.7
Options
Listed
Unlisted
Unlisted
Unlisted
Unlisted
Unlisted
Unlisted
7.8
Issued during
quarter
7.9
Exercised during
quarter
7.10
Expired during
quarter
45,964,091
2,000,000
300,000
250,000
1,500,000
750,000
750,000
45,964,091
-
-
-
-
-
-
Exercise price
$0.20
$0.20
$0.20
$0.22
$0.15
$0.20
$0.25
Expiry date
30 September 2012
30 September 2012
15 July 2012
15 July 2012
1 December 2013
1 December 2013
1 December 2013
1,500,000
750,000
750,000
-
-
-
$0.15
$0.20
$0.25
1 December 2013
1 December 2013
1 December 2013
7.11
Debentures
(totals only)
  • See chapter 19 for defined terms.

Appendix 5B Page 4

31/12/2011

Appendix 5B Mining exploration entity quarterly report

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.

Sign here: Print name: Eryn Kestel Company Secretary

Date: 30 January 2012

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 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.

31/12/2011

Appendix 5B Page 5