Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

DREADNOUGHT RESOURCES LTD Interim / Quarterly Report 2015

Mar 3, 2015

64785_rns_2015-03-03_ac572483-adac-441c-9959-1ce2e605dd3d.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

Tychean Resources Limited

Interim Financial Report

For The Half Year Ended 31 December 2014

To be read in conjunction with the 30 June 2014 Annual Report

Tychean Resources Limited

Contents

Interim Financial Report For The Half Year Ended 31 December 2014

Contents
Interim Financial Report For The Half Year Ended 31 December 2014
Page
Financial Statements
Directors' Report 1
Auditors Independence Declaration under Section 307C of the Corporations Act 2001 3
Statement of Profit or Loss and Other Comprehensive Income 4
Statement of Financial Position 5
Statement of Changes in Equity 6
Statement of Cash Flows 7
Notes to the Financial Statements 8
Directors' Declaration 15
Independent Auditor's Review Report 16

Tychean Resources Limited

Directors' Report

For the Half Year Ended 31 December 2014

Your directors present their report on the consolidated entity consisting of Tychean Resources Limited and the entities it controlled at the end of, or during, the half-year ended 31 December 2014.

Directors

The following persons were directors of Tychean Resources Limited at any time during the half year and up to the date of this report:

Robert Michael Kennedy (Non-executive Chairman) Joseph Fred Houldsworth (Managing Director) Ewan Vickery (Non-Executive Director)

The directors have been in office since the start of the financial year to the date of this report unless otherwise stated.

Review of operations and financial results

The Company's major efforts during the half year have been focused on exploring its Spargoville and Valley Floor Gold Projects located in the Eastern Goldfields of Western Australia.

The Company completed a successful Capital Raising during this reporting period, comprising a Rights Issue in June 2014, with a total of $628,436 being raised before costs, and shortfall placement in August 2014, to raise an additional $429,000 before costs.

In December 2014, the Company issued 10,000,000 Performance rights to its Exploration Manager as a Discovery Reward. These Rights only vest upon the publication of a JORC Compliant Gold Resource at the Company’s Redback Gold Prospect.

In respect of the exploration completed by the Company:

  • A Reverse Circulation (RC) drilling program comprising 31 holes for 4,064 metres was completed late in August 2014, at the Redback, Huntsman, Trapdoor and Hilditch Gold prospects, within the Company’s wholly owned Spargoville Gold Project in the Eastern Goldfields of Western Australia. The results have further defined the two gold mineralised zones within the Redback Prospect. The high grade mineralisation within these two zones remains open along strike to the north, down dip and along any potential plunge direction to the north.

  • An Air Core drilling program was completed in September 2014, at the Core Farm Paleochannel Gold prospect located immediately to the north east of the Wattle Dam Gold Mine. A total of 148 holes for 2,376 metres were completed, designed to infill and extend zones of high grade paleochannel style mineralisation identified from previous drilling. The results from this drilling program continue to highlight paleochannel gold intersections within two separate interpreted paleochannel trends.

  • A total of 28 holes for 3,961 metres, RC drilling program was completed October 2014, at the Redback and Trapdoor prospects to follow up highly significant results and mineralised trends identified in previous drilling. The assay results from this program have returned high grade gold intercepts.

  • In November 2014, a 3,526 metre for 23 drill hole, Reverse Circulation (RC) drilling program was completed at the Redback Prospect within the Company’s wholly owned Spargoville Gold Project. The RC drilling was completed to infill and extend previously intersected high grade gold mineralisation at the Redback Prospect.

Significant high grade results were returned from the Eastern, Central and Western Zones, as well as a potential new mineralised zone located within the Footwall felsic unit.

1

Tychean Resources Limited

Directors' Report

For the Half Year Ended 31 December 2014

  • The Company completed a Reconnaissance Auger drill program at Lake Lefroy South tenement, part of the Valley Floor Project.

A total of 1,371 auger drill holes were completed within E15/1399 at a drill spacing of 20 metres x 200 metres. The drilling was completed within an area of alluvial sands in order to assist with drill targeting by identifying subtle gold and multi-element anomalism and trends potentially associated with similar geology and structures associated with the Goldfields Ltd, Invincible prospect, located approximately 10 kilometres to the northeast on Lake Lefroy. All results have been received and are currently being evaluated.

  • The Company’s inaugural RC drilling programme within its Tanami joint venture project (Northern Territory) was planned for the December quarter however, due to extreme weather events in the area; it has now been rescheduled for the first quarter of 2015. Drilling will scope for buried Callie style gold mineralisation within the granted EL26625 (Suplejack).

Auditor's independence declaration

The auditor's independence declaration in accordance with section 307C of the Corporations Act 2001 for the half year ended 31 December 2014 has been received and can be found on page 3 of the financial report.

This report is signed in accordance with a resolution of the Board of Directors.

==> picture [143 x 117] intentionally omitted <==

Robert Michael Kennedy Non-executive Chairman

Dated this 3rd day of March 2015

2

==> picture [216 x 41] intentionally omitted <==

Level 1, 67 Greenhill Rd Wayville SA 5034

Correspondence to: GPO Box 1270 Adelaide SA 5001

T 61 8 8372 6666 F 61 8 8372 6677 E [email protected] W www.grantthornton.com.au

AUDITOR’S INDEPENDENCE DECLARATION TO THE DIRECTORS OF TYCHEAN RESOURCES LIMITED

In accordance with the requirements of section 307C of the Corporations Act 2001, as lead auditor for the review of Tychean Resources Limited for the half-year ended 31 December 2014, I declare that, to the best of my knowledge and belief, there have been:

  • a No contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the review; and

  • b No contraventions of any applicable code of professional conduct in relation to the review.

GRANT THORNTON AUDIT PTY LTD Chartered Accountants

S K Edwards

Partner – Audit & Assurance

Adelaide, 3 March 2015

Grant Thornton Audit Pty Ltd ACN 130 913 594 a subsidiary or related entity of Grant Thornton Australia Ltd ABN 41 127 556 389

‘Grant Thornton’ refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton Australia Ltd is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate one another and are not liable for one another’s acts or omissions. In the Australian context only, the use of the term ‘Grant Thornton’ may refer to Grant Thornton Australia Limited ABN 41 127 556 389 and its Australian subsidiaries and related entities. GTIL is not an Australian related entity to Grant Thornton Australia Limited.

Liability limited by a scheme approved under Professional Standards Legislation. Liability is limited in those States where a current scheme applies.

Tychean Resources Limited

Statement of Profit or Loss and Other Comprehensive Income For The Half Year Ended 31 December 2014

Other income
Administration expenses
General exploration written off
Impairment of exploration expenditure
Loss before income tax
Income tax expense
Loss from continuing operations
Loss for the half year
Other comprehensive income, net of income tax
Items that will not be reclassified subsequently to profit or loss
Items that will be reclassified to profit or loss when specific conditions are
met
Total comprehensive loss for the year
Loss attributable to:
Members of the parent entity
Total comprehensive loss attributable to:
Members of the parent entity
Earnings per share
From continuing and discontinued operations:
Basic earnings per share (cents)
Diluted earnings per share (cents)
Consolidated
Dec-14
$
Dec-13
$
12,67969,239
(361,107)
(431,787)
(4,145)
(28,341)
-
(1,336)
(352,573)
(392,225)
**(16,065) ** (25,534)
(368,638)
(417,759)
(368,638)
(417,759)
-
-
-
-
-
-
(368,638)
(417,759)
(368,638)
(417,759)
(368,638)
(417,759)
Cents
Cents
(0.02)
(0.04)
(0.02)
(0.04)

The accompanying notes form part of these financial statements.

4

Tychean Resources Limited

Statement of Financial Position

As At 31 December 2014

Note
ASSETS
CURRENT ASSETS
Cash and cash equivalents
Trade and other receivables
Other assets
TOTAL CURRENT ASSETS
NON-CURRENT ASSETS
Property, plant and equipment
Exploration, evaluation and development assets
5
TOTAL NON-CURRENT ASSETS
TOTAL ASSETS
LIABILITIES
CURRENT LIABILITIES
Trade and other payables
Employee benefits
TOTAL CURRENT LIABILITIES
NON-CURRENT LIABILITIES
TOTAL LIABILITIES
NET ASSETS
EQUITY
Issued capital
2
Reserves
Accumulated Losses
TOTAL EQUITY
Consolidated
Dec-14
$
Jun-14
$
138,646
1,099,286
77,718
55,982
22,884
9,586
239,248
1,164,854
11,706
2,173
3,278,571
1,992,378
3,290,277
1,994,551
3,529,525
3,159,405
102,430
222,020
17,015
3,931
119,445
225,951
- -
119,445
225,951
3,410,080
2,933,454
36,282,487
35,437,223
1,083,478
1,083,478
(33,955,885)
(33,587,247)
3,415,080
2,933,454

The accompanying notes form part of these financial statements.

5

Tychean Resources Limited

Statement of Changes in Equity

For the Half Year Ended 31 December 2014

Dec-14

Note
Balance at 1 July 2014
Comprehensive loss
Loss for period
Total comprehensive loss for the period
Transactions with owners, in their capacity as
owners, and other transfers
Transaction costs
Tax effect on transactions costs
Shares issued during the year
Retention rights issued during the year
Total transactions with owners and other transfers
Balance at 31 December 2014
Dec-13
Note
Balance at 1 July 2013
Loss for period
Total comprehensive loss for the period
Transactions with owners, in their capacity as
owners, and other transfers
Transaction costs
Tax effect on transactions costs
Shares issued during the year
Total transactions with owners and other transfers
Balance at 31 December 2013
Share
Capital
$
Accumulated
Losses
$
Reserves
$
Total
$
35,437,223 (33,587,247)
1,083,478
2,933,454
-
(368,638) -
(368,638)
-
(368,638) -
(368,638)
(53,550) -
-
(53,550)
16,065 -
-
16,065
882,749 -
-
882,749
-
-
-
-
845,264 -
-
845,264
36,282,487(33,955,885)
1,083,478
3,410,080
Share
Capital
$
Accumulated
Losses
$
Reserves
$
Total
$
32,344,411 (32,780,427)
1,033,478
597,462
-
(417,759)
-
(417,759)
-
(417,759)
-
(417,759)
(85,113)
-
-
(85,113)
25,534
-
-
25,534
2,177,054
-
-
2,177,054
2,117,475
- -
2,117,475
34,461,886(33,198,186)
1,033,478
2,297,178

The accompanying notes form part of these financial statements.

6

Tychean Resources Limited

Statement of Cash Flows

For the Half Year Ended 31 December 2014

CASH FLOWS FROM OPERATING ACTIVITIES:
Receipts from customers
Payments to suppliers and employees
Interest received
Net cash used in operating activities
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property, plant and equipment
Payments for exploration assets
Net cash used by investing activities
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issue of shares
Payments for capital raising costs
Net cash provided by financing activities
Net (decrease)/increase in cash and cash equivalents held
Cash and cash equivalents at beginning of half year
Cash and cash equivalents at end of the half year
Consolidated
Dec-14
$
Dec-13
$
-
60,896
(415,844)
(467,742)
12,679
6,996
(403,165)
(399,850)
(10,348)
(1,858)
(1,281,176)
(554,783)
(1,291,524)
(556,641)
811,748
1,627,054
(77,699)
(85,113)
734,049
1,541,941
(960,640)
585,450
1,099,286
404,420
138,646
989,870

The accompanying notes form part of these financial statements.

7

Tychean Resources Limited

Notes to the Financial Statements

For the Half Year Ended 31 December 2014

1 Basis of Preparation

This condensed consolidated interim financial report for the reporting period ending 31 December 2014 has been prepared in accordance with the requirements of the Corporations Act 2001 and Australian Accounting Standard AASB 134: Interim Financial Reporting .

The interim financial report is intended to provide users with an update on the latest annual financial statements of Tychean Resources Limited and controlled entities (the Group). As such it does not contain information that represents relatively insignificant changes occurring during the half year within the Group. This condensed consolidated financial report does not include all the notes normally included in an annual financial report. It is therefore recommended that this financial report be read in conjunction with the annual financial statements of the Group for the year ended 30 June 2014, together with any public announcements made during the half year.

The same accounting policies and methods of computation have been followed in this interim financial report as were applied in the most recent annual financial statements.

New and revised accounting standards applicable for the first time to the current half-year reporting period

The half-year financial statements have been prepared in accordance with the accounting policies adopted in the Group’s last financial statements for the year ended 30 June 2014, except the application of the following standards as of 1 July 2014:

  • AASB 1031: Materiality

  • AASB 1055: Budgetary Reporting

  • AASB 2013-1, Amendments to AASB 1049 – Relocation of Budgetary Reporting Requirements

  • AASB 2013-4, Novation of Derivatives and Continuation of Hedge Accounting

  • AASB 2013-5, Investment Entities

  • AASB 2013-9, Conceptual Framework, Materiality and Financial Instruments

  • AASB 2014-2, Amendments to AASB 1053 – Transition to and between Tiers, and related Tier 2 Disclosure Requirements

AASB 2014-1, Amendments to Australian Accounting Standards Part A, B and C

These standards make changes to a number of existing Australian Accounting Standards and are not expected to result in a material change to the manner in which the Group’s financial result is determined or upon the extent of disclosures included in future financial reports.

Management has reviewed the new requirements of the above standards and has concluded that there is no effect on the classification or presentation of balances.

8

Tychean Resources Limited

Notes to the Financial Statements

For the Half Year Ended 31 December 2014

2 Issued Capital

(a) Share capital

Consolidated Consolidated
Dec-14 Jun-14
$ $
2,003,631,090 (June 2014: 1,711,006,872) fully paid ordinary shares 36,282,487 35,437,223
b) Movements in ordinary share capital
Date Details No. Issue $
Price ($)
01/07/2014 Opening Balance 1,711,006,872 35,437,223
07/07/2014 Exercise of options 15,000 0.006 90
07/07/2014 Rights Issue 30,666,667 0.003 92,000
30/07/2014 Exercise of options 4,000 0.006 24
12/08/2014 Exercise of options 114,775 0.006 689
22/08/2014 Shortfall under rights issue 117,333,334 0.003 352,000
02/09/2014 Exercise of options 146,667 0.006 880
05/09/2014 Placement of shortfall 143,000,006 0.003 429,000
10/09/2014 Exercise of options 242,290 0.006 1,454
19/09/2014 Exercise of options 189,109 0.006 1,135
22/09/2014 Exercise of options 523,501 0.006 3,144
01/10/2014 Exercise of options 388,869 0.006 2,333
2,003,631,090 36,319,972
Less: transactions costs arising on share issue (net of (37,485)
tax effect)
31/12/2014 Closing Balance 2,003,631,090 36,282,487

(b) Movements in ordinary share capital

(c) Performance Rights

The Group granted an employee 10,000,000 performance rights on 18 December 2014. The rights expire 1 January 2016 and will vest on publication of a resource estimate reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, 2012 Edition in respect of the Redback Prospect in the Spargoville Gold Project. Upon vesting, 1 ordinary share in Tychean Resources Ltd is issued for each right for no consideration.

9

Tychean Resources Limited

Notes to the Financial Statements

For the Half Year Ended 31 December 2014

3 Operating Segments

(a) Identification of reportable segments

The Group has identified its operating segments based on the internal reports that are reviewed and used by the Board of Directors (chief operating decision maker) in assessing performance and determining the allocation of resources.

The Group is managed primarily on the basis of geographical area of interest as the diversification of the Group's operations inherently have notably different risk profiles and performance assessment criteria. Operating segments are therefore determined on the same basis.

Reportable segments disclosed are based on aggregating operating segments where the segments are considered to have similar economic characteristics and are also similar with respect to the following:

  • geographical and geological styles; and;

  • any external regulatory requirements.

Basis of accounting for purposes of reporting by operating segments

Unless stated below, all amounts reported to the Board of Directors, being the chief operating decision maker with respect to operating segments, are determined in accordance with accounting policies that are consistent to those adopted in the annual financial statements of the Group.

10

Tychean Resources Limited

Notes to the Financial Statements

For the Half Year Ended 31 December 2014

  • 3 Operating Segments continued

(b) Segment Assets

Suplejack
Spargoville
Valley Floor
Other
Total
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Segment assets
243,527233,1272,538,8521,377,359
496,192
381,892
-
-
3,278,571
1,992,378
- Acquisitions of tenements
-
-
-
400,000
-
140,617
-
8,215
-
548,832
- Capital Expenditure
10,400
9,0701,161,494987,662
114,299
241,275
-
10,720
1,286,193
1,248,727
- Capital Expenditure Impaired
-
-
-
(14,117)
-
-
-
(18,935)
-
(33,052)
Total Movement
10,400
9,0701,161,4941,373,545114,299
381,892
-
-
1,286,193
1,764,507
Segment assets
3,278,571 1,992,378
Unallocated assets
250,954 1,167,027
Total assets
3,529,525 3,159,405
Segment liabilities
-
-
Unallocated liabilities
119,445
225,951
Total liabilities
119,445
225,951
Suplejack
Spargoville
Valley Floor
Other
Total
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Suplejack
Spargoville
Valley Floor
Other
Total
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
Dec-14
$
Jun-14
$
243,527233,1272,538,8521,377,359
496,192
381,892
-
-
3,278,571
1,992,378
-
-
-
400,000
-
140,617
-
8,215
-
548,832
10,400
9,0701,161,494987,662
114,299
241,275
-
10,720
1,286,193
1,248,727
-
-
-
(14,117)
-
-
-
(18,935)
-
(33,052)
10,400
9,0701,161,4941,373,545114,299
381,892
-
-
1,286,193
1,764,507
3,278,571 1,992,378
250,954 1,167,027
3,529,525 3,159,405
-
-
119,445
225,951
119,445
225,951

11

Tychean Resources Limited

Notes to the Financial Statements

For the Half Year Ended 31 December 2014

  • 3 Operating Segments continued

(b) Adjusted EBITA

(b)
Adjusted EBITA
Adjusted earnings before
interest, tax, depreciation and
amortisation
Cost of goods sold
Impairment
Suplejack
Spargoville
Valley Floor
Other
Total
Dec-14
$
Dec-13
$
Dec-14
$
Dec-13
$
Dec-14
$
Dec-13
$
Dec-14
$
Dec-13
$
Dec-14
$
Dec-13
$
-
-
-
-
-
-
-
(1,336)
-
(1,336)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(1,336)
-
(1,336)
Allocated adjusted EBITA
Unallocated:
Interest revenue
Other revenue
Administrative expenses
General exploration written off
Total loss before income tax
Income Tax
Profit after income tax
Half year ended
Dec-14
$
Dec-13
$
-

(1,336)
-
-
12,679
13,878
-

55,361
(361,107)
(431,787)
(4,145)
(28,341)
(352,573)
(392,225)
(16,065)
(25,534)
(368,638)
(417,759)

12

Tychean Resources Limited

Notes to the Financial Statements For the Half Year Ended 31 December 2014

4 Subsidiaries

subsidiaries:

sidiaries:
% ownership % ownership
interest interest
Name of subsidiary Dec-14 Jun-14
Eromanga Uranium Resources Pty Ltd 0.0 100.0
South East Energy Ltd 0.0 100.0
Tychean Tanami Pty Ltd (previously ERO Metals Pty Ltd) 100.0 100.0
Valley Floor Resources Pty Ltd 100.0 100.0

In September 2014 the Company removed South East Energy Ltd and Eromanga Uranium Resources Pty Ltd from the Group as both companies had been deregistered with ASIC in August 2014 and were wound up.

5 Exploration & Evaluation Expenditure

oration & Evaluation Expenditure
Exploration and evaluation expenditure
Exploration assets at cost
Reconciliation
Balance at beginning of financial year
Acquisition costs
Expenditure incurred
Exploration expenditure impairment
Total exploration and evaluation expenditure
Consolidated
Dec-14
Jun-14
$
$
3,278,541
1,992,378
1,992,378
227,870
-
548,832
1,286,163
1,248,727
-
(33,051)
3,278,541
1,992,378

6 Events Occurring After the Reporting Date

On 27 January 2015, 100,000,000 ordinary shares were issued as a result of a placement to sophisticated and professional investors raising $200,000.

On 19 February 2015, the Group announced a Share Purchase Plan to raise up to $300,000. The Group is offering a maximum 150,000,000 shares at $0.002 each. The Share Purchase Plan opened 27 February 2015 and is scheduled to close on 18 March 2015.

Except for the above, no other matters or circumstances have arisen since the end of the financial half year which significantly affected or could significantly affect the operations of the Group, the results of those operations, or the state of affairs of the Group in future financial years.

13

Tychean Resources Limited

Notes to the Financial Statements

For the Half Year Ended 31 December 2014

7 Going Concern

The financial report has been prepared on the basis of going concern.

The cash flow projections of the Group indicate that it will require positive cash flows from additional capital for continued operations. The Group incurred a loss of $368,638 for the half year and a net cash outflow from operating and investing activities of $1,694,689.

The Group is currently meeting minimum cash commitments and the Group is actively seeking joint venture partners to achieve a minimum cash outlay. Expenditure will increase in the event that positive exploration results are received; in this event, the Group will seek to raise capital based on positive exploration results.

The Group's ability to continue as a going concern is contingent on obtaining additional capital. If additional capital is not obtained, the going concern basis may not be appropriate, with the result that the consolidated entity may have to realise its assets and extinguish its liabilities, other than in the ordinary course of business and in amounts different from those stated in the financial report. No allowance for such circumstances has been made in the financial report.

8 Company Details

The registered office and principal place of business of the company is:

Tychean Resources Limited Level 3 100 Pirie Street Adelaide SA 5000

14

Tychean Resources Limited

Directors' Declaration

The directors of the Company declare that:

  1. The financial statements and notes, as set out on pages 4 to 14 are in accordance with the Corporations Act 2001 , including:

  2. (a) complying with Accounting Standard AASB 134: Interim Financial Reporting; and

  3. (b) give a true and fair view of the consolidated group's financial position as at 31 December 2014 and of its performance for the half-year ended on that date.

  4. In the directors' opinion, there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable.

This declaration is made in accordance with a resolution of the Board of Directors.

==> picture [143 x 117] intentionally omitted <==

Robert Michael Kennedy

Non-executive Chairman

Dated this 3rd day of March 2015

15

���������

  • ���������������� �����������������

��������������������

  • �������������

  • �����������������

�� �������������� �� ��������������

�� ����������������� ��������������������������

������������������������������������ ���������������������������������������������

���������������������������������������������������������������������������������� ������������������������������������������������������������������������������������� �������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������� ��������������������������������������������������������������������������������������������� ����������������������������������������

�������������������������������������������������������������

������������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������������� �������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������������� ���������������������������������������������

�������������������������

��������������������������������������������������������������������������������������������� ��������������������������������������������������������������������������������������� ������������������������������������������������������������������������������ ��������������������������������������������������������������������������������������������� ��������������������������������������������������������������������������������������� ���������������������������������������������������������������������������������������������� ���������������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������� ���������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������������

��������������������������������������������� ����������������������������������������������������������������������������������

�������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������

�������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������

����������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������

�������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������������������������������������������

�������������������������������������������������������������������������������������������������������������������������������������� ����������������

==> picture [138 x 28] intentionally omitted <==

�������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������� ��������������������������������������������������������������������������������������������� ��������������������������������������������������

�������������

�������������������������������������������������������������������������������� �������������������������

�����������

���������������������������������������������������������������������������������������� �������������������������������������������������������������������������������������������� ������������������������������������������������������

  • ������������������������������������������������������������������������������������� �������������������������������������������������������������������������������

  • ���������������������������������������������������������������������������� �������������������������������

���������������������������������������������

�������������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������������� ����������������������������������������������������������������������������������������� ��������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������������������ ������������������������������������������������������������������������������������������ ��������������������������������������������������������������������������������������������� ������������������������������������������������������������������������������

����������������������������� ����������������������

������������ �����������������������������

������������������������