REDCASTLE RESOURCES LIMITED — Interim / Quarterly Report 2017

Jul 23, 2017

+Rule 4.7B

Appendix 4C

Monthly report for entities subject to Listing Rule 4.7B

Introduced 31/03/00 Amended 30/09/01, 24/10/05, 17/12/10, 01/09/16

Name of entity

Transcendence Technologies Limited

ABN Month ended ("current month") 57 096 781 716 30 June 2017

	Consolidated statement of cash flows	Current month$A'000	Year to date (12months)$A'000
1.	Cashflowsfromoperatingactivities
1.1	Receipts from customers	-	-
1.2	Payments for
	(a)research and development	(8)	(19)
	(b)product manufacturing and operatingcosts	-	-
	(c)advertising and marketing	(9)	(14)
	(d)leased assets	-	-
	(e)staff costs	(7)	(169)
	(f)administration and corporate costs	(17)	(169)
1.3	Dividends received (see note 3)	-	-
1.4	Interest received	-	15
1.5	Interest and other costs of finance paid	-	-
1.6	Income taxes paid	-	-
1.7	Government grants and tax incentives	-	-
1.8	Other (provide details if material)	-	-
1.9	Net cash from / (used in) operatingactivities	(41)	(701)
1.2(e)	Staff costs include the salary of the Chief Executive Officer of the Company who ispredominately working on the development of the software.

2.	Cash flows from investing activities
2.1	Payments to acquire:
	(a)property, plant and equipment-(1)
	(b)businesses (see item 10)--
	(c)investments--
	(d)intellectual property--
	(e)other non-current assets--
2.2	Proceeds from disposal of:
	(a)property, plant and equipment--
	(b)businesses (see item 10)--
	(c)investments--
	(d)intellectual property--
	(e)other non-current assets--
2.3	Cash flows from loans to other entities--
2.4	Dividends received (see note 3)--
2.5	Other (provide details if material)--
2.6	Net cash from / (used in) investing-(1)activities

3.	Cash flows from financing activities
3.1	Proceeds from issues of shares	-	-
3.2	Proceeds from issue of convertible notes	-	-
3.3	Proceeds from issue of options	-	128
3.4	Transaction costs related to issues ofshares, convertible notes or options	-	(384)
3.5	Proceeds from borrowings	-	-
3.6	Repayment of borrowings	-	-
3.7	Transaction costs related to loans andborrowings	-	-
3.8	Dividends paid	-	-
3.9	Other (provide details if material)	-	-
3.10	Net cash from / (used in) financingactivities	-	(256)

4.	Net increase / (decrease) in cash andcash equivalents for the period
4.1	Cash and cash equivalents at beginning ofmonth/year to date	2,564	3,481
4.2	Net cash from / (used in) operatingactivities (item 1.9 above)	(41)	(701)
4.3	Net cash from / (used in) investing activities(item 2.6 above)	-	(1)
4.4	Net cash from / (used in) financing activities(item 3.10 above)	-	(256)
4.5	Effect of movement in exchange rates oncash held	-	-
4.6	Cash and cash equivalents at end ofmonth	2,523	2,523

5.	Reconciliation of cash and cashequivalentsat the end of the month (as shown in theconsolidated statement of cash flows) to therelated items in the accounts	Current month$A'000	Previous month$A'000
5.1	Bank balances	2,523	2,564
5.2	Call deposits	-	-
5.3	Bank overdrafts	-	-
5.4	Other (provide details)	-	-
5.5	Cash and cash equivalents at end ofmonth (should equal item 4.6 above)	2,523	2,564

6. Payments to directors of the entity and their associates Current month

• 6.1 Aggregate amount of payments to these parties included in item 1.2 (10)
• 6.2 Aggregate amount of cash flow from loans to these parties included in item 2.3
• 6.3 Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2
• 6.1 All transactions involving Directors and associates were on normal commercial terms.
• 7. Payments to related entities of the entity and their associates
• 7.1 Aggregate amount of payments to these parties included in item 1.2 (9)
• 7.2 Aggregate amount of cash flow from loans to these parties included in item 2.3
• 7.3 Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2
• 7.1 Company secretarial and legal fees paid to associated entities.

Current month$A'000
	-

$A'000
	-

8.	Financingfacilities available
	Add notes as necessary for an
	understanding of the position

8.	Financingfacilities availableAdd notes as necessary for anunderstanding of the position	Total facility amountat month end$A'000	Amount drawn atmonth end$A'000
8.1	Loan facilities	-	-
8.2	Credit standby arrangements	-	-
8.3	Other (please specify)	-	-

8.4 Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after month end, include details of those facilities as well.

9.	Estimated cash outflows for next month	$A'000
9.1	Research and development	(10)
9.2	Product manufacturing and operating costs	-
9.3	Advertising and marketing	(10)
9.4	Leased assets	-
9.5	Staff costs	(10)
9.6	Administration and corporate costs	(20)
9.7	Other (provide details if material)	-
9.8	Total estimated cash outflows	(50)
9.5	Staff costs include the salary of the Chief Executive Officer of the Company who ispredominately working on the development of the software.

10.	Acquisitions and disposals ofbusiness entities(items 2.1(b) and 2.2(b) above)	Acquisitions	Disposals
10.1	Name of entity	N/A	N/A
10.2	Place of incorporation orregistration
10.3	Consideration for acquisition ordisposal
10.4	Total net assets
10.5	Nature of business

Compliance statement

• 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
• 2 This statement gives a true and fair view of the matters disclosed.

Company Secretary

Sign here: Date: 24 July 2017

Print name: Sarah Smith

Notes

• 1. The monthly report provides a basis for informing the market how the entity's activities have been financed for the past month and the effect on its cash position. An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.
• 1. If this monthly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report. If this monthly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standard applies to this report.
• 1. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.