IODM LIMITED — Interim / Quarterly Report 2013

Jul 25, 2013

Appendix 5B Mining exploration entity quarterly report – June 2013

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

PARADIGM METALS LIMITED

ABN Quarter ended (“current quarter”) 28 102 747 133 30 June 2013

Consolidated statement of cash flows

Cash flows related to operating activities1.1Receipts from product sales and relateddebtors1.2Payments for (a) exploration & evaluation(b) development(c) production(d) administration1.3Dividends received1.4Interest and other items of a similar naturereceived1.5Interest and other costs of finance paid1.6Income taxes paid1.7Other (provide details if material)Net Operating Cash Flows	Current quarter$A’000	Year to date( 12 Months )$A’000
	(24)(177)16	(129)(440)29
	(185)	(540)
Cash flows related to investing activities1.8Payment for purchases of: (a) prospects(b) equity investments(c) other fixed assets1.9Proceeds from sale of:(a) prospects(b) equity investments(c) other fixed assets1.10Loans to other entities1.11Loans repaid by other entities1.12Other (provide details if material)Refunded Tenement Security DepositNet investing cash flows1.13Total operating and investing cash flows(carried forward)	10	10
	10	10
	(175)	(530)

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report – June 2013

1.13Total operating and investing cash flows(brought forward)	(175)	(530)
Cash flows related to financing activities1.14Proceeds from issues of shares, options, etc.1.15Proceeds from sale of forfeited shares1.16Proceeds from borrowings1.17Repayment of borrowings1.18Dividends paid1.19Other (provide details if material)– cost related to share issueNet financing cash flows	--	1,928(124)
	-	1,804
Net increase (decrease) in cash held1.20Cash at beginning of quarter / year to date1.21Exchange rate adjustments to item 1.201.22Cash at end ofquarter	(175)1,857	1,274408
	1,682	1,682

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.231.24	Aggregate amount of payments to the parties included in item 1.2Aggregate amount of loans to the parties included in item 1.10	Current quarter$A'000
		75
1.25	Explanation necessaryfor an understandingof the transactions
	Re-imbursement for accounting and secretarial staff - $8kDirectors consulting fees - $67k

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

• 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

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report – June 2013

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements

	Amount available	Amount used
	$A’000	$A’000

Estimated cash outflows for next quarter

$A’000 Exploration and evaluation 75 Development Production Administration 125 Total 200

• 4.1 Exploration and evaluation

• 4.2 Development

• 4.3 Production

• 4.4 Administration

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (asshown in the consolidated statement of cash flows)to the related items in the accounts is as follows.	Current quarter$A’000	Previous quarter$A’000
5.1Cash on hand and at bank5.2Deposits at call5.3Bank overdraft5.4Other (provide details)	172	347
	1,510	1,510
Total: cash at end of quarter(item 1.22)	1,682	1,857

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report – June 2013

Changes in interests in mining tenements

6.1Interests in miningtenements relinquished,reduced or lapsed6.2Interests in miningtenements acquired orincreased	Tenementreference	Nature of interest(note (2))	Interest atbeginningofquarter	Interest atend ofquarter

• See chapter 19 for defined terms.

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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	Numberquoted	Issue price persecurity (seenote3) (cents)	Issue price persecurity (seenote3) (cents)	Amount paid up persecurity (see note 3)(cents)	Amount paid up persecurity (see note 3)(cents)
7.1Preference+securities(description)7.2Changes duringquarter(a) Increasesthrough issues(b) Decreasesthrough returnsof capital, buy-backs,redemptions
7.3+Ordinarysecurities7.4Changes duringquarter(a) Increasesthrough issues(b) Decreasesthrough returnsof capital, buy-backs	425,215,010	425,215,010
7.5+Convertibledebtsecurities(description)7.6Changes duringquarter(a) Increasesthrough issues(b) Decreasesthroughsecuritiesmatured,converted
7.7Options(description andconversionfactor)7.8Issued duringquarter7.9Exercisedduring quarter7.10Expired duringquarter
	2,000,000unlisted options			Exercise price$0.20		Expiry date7May2013

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report – June 2013

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.

Sign here: David McEntaggart Date: 26 July 2013 (Company Secretary)

Print name:

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.

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