RUMBLE RESOURCES LIMITED — Regulatory Filings 2016

Apr 28, 2016

March 2016 Quarterly Activities Report

Rumble Resources Ltd (ASX: RTR) ("Rumble" or "the Company") is pleased to provide an update of the Company's activities during the March 2016 quarter.

Corporate Strategy

In light of the ongoing uncertainty surrounding global commodity markets, and nickel in particular, the Board has implemented a strategy to seek out potential acquisition opportunities to complement the Company's existing projects and activities, as well as opportunities in other sectors with the objective of increasing shareholder value. Each opportunity is being judged on its own merits, with the Board being careful in its assessment of the options available.

The Rumble board continues to maintain this strategy, which it believes will create shareholder value.

Technical Review

During the March quarter the Company's Technical Advisory Board continued its ongoing project portfolio review which encompassed project prioritisation and consideration of expenditure commitments with a view to rationalise costs. There was no on-ground exploration activity undertaken during the quarter.

In line with this strategy, the Company withdrew from the Zanthus Project Joint Venture during the quarter.

Corporate Update

The Company had \$770,000 in cash reserves at the end of the March quarter. Subsequent to the end of the Quarter the Company received an R&D (Research and Development) refund of \$206,000.

Shane Sikora Managing Director

• ENDS -

For further information visit rumbleresources.com.au or contact enquiries@rumbleresources.com.au.

About Rumble Resources Ltd

Rumble Resources Ltd is an Australian based exploration company, officially admitted to the ASX on the 1st July 2011. Rumble was established with the aim of adding significant value to its current gold and base metal assets and will continue to look at mineral acquisition opportunities both in Australia and abroad.

Rumble Resources Ltd

Suite 9, 36 Ord Street, West Perth, WA 6005

T +61 8 6555 3980

F +61 8 6555 3981

rumbleresources.com.au

ASX RTR

Executives & Management

Mr Shane Sikora Managing Director

Mr Andrew McBain Non-executive Director

Mr Matthew Banks Non-executive Director

Mr Michael Smith Non-executive Director

Mr Steven Wood Company Secretary

Appendix

In accordance with Listing Rule 5.3.3. Rumble provides the following information in relation to its mining tenements.

1. The mining tenements held at the end of the quarter and their location.

Project	Tenement Number	Status	Location	Beneficial Percentage Interest
Beadell	E45/2405	Granted	Western Australia	100%
Beadell	E45/4267	Granted	Western Australia	100%
Beadell	E45/4223	Granted	Western Australia	100%
Beadell	E45/4186	Granted	Western Australia	90%
Beadell	E45/4662	Application	Western Australia	100%
Big Red	E28/2268	Granted	Western Australia	100%
Big Red	E69/3190	Granted	Western Australia	100%
Thunderstorm	E28/2322	Granted	Western Australia	100%
Thunderstorm	E28/2528	Application	Western Australia	100%
Thunderstorm	E28/2529	Application	Western Australia	100%
Thunderstorm	E28/2595	Application	Western Australia	100%
Thunderstorm	E28/2523	Granted	Western Australia	100%
Thunderdome	E28/2366	Granted	Western Australia	100%
Sidewinder	E58/484	Granted	Western Australia	100%
Sidewinder	E59/2119	Granted	Western Australia	100%
Sidewinder	E59/491	Granted	Western Australia	100%
Derosa	Bompela	Granted	Burkina Faso	85% Note 1
Burkina Faso	Pogoro	Granted	Burkina Faso	100%
Burkina Faso	Yalore	Granted	Burkina Faso	100%

2. Mining tenements acquired during the quarter and their location:

Project	Tenement Number	Status	Location	Beneficial Percentage Interest
Thunderstorm	E28/2595	Application	Western Australia	100%

3. Mining tenements disposed of during the quarter and their location:

Project	Tenement Number	Status	Location	Comment
Thunderstorm	E28/2527	Application	Western Australia	Relinquished
Zanthus	E69/2506	Granted	Western Australia	Withdrawn from JV
Zanthus	E28/2540	Application	Western Australia	Relinquished
Zanthus	E28/2542	Application	Western Australia	Relinquished
Big Red	E28/2564	Application	Western Australia	Relinquished
Big Red	E28/2565	Application	Western Australia	Relinquished

1. Derosa Project, Burkina Faso

Bompela is subject to a Joint Venture agreement with Canyon Resources limited whereby Rumble owns 85% interest and Canyon a 15% interest.

Rule 5.5

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013

Name of entity Rumble Resources Limited ABN Quarter ended ("current quarter") 74 148 214 260 31 March 2016 Consolidated statement of cash flows Cash flows related to operating activities Current quarter \$A'000 Year to date (9 months) \$A'000 1.1 Receipts from product sales and related debtors - - 1.2 Payments for (a) exploration & evaluation (b) development (c) production (d) administration (69) - - (148) (838) - - (582) 1.3 Dividends received - - 1.4 Interest and other items of a similar nature received 2 10 1.5 Interest and other costs of finance paid - - 1.6 Income taxes paid - - 1.7 Other (provide details if material) - Receipts from government grants - - - 299 Net Operating Cash Flows (215) (1,111) Cash flows related to investing activities 1.8 Payment for purchases of:(a) prospects (b) equity investments (c) other fixed assets - - - - (59) (1) 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets - 14 - - 14 - 1.10 Loans to other entities - -

1.11 Loans repaid by other entities - - 1.12 Other (provide details if material) - -

Net investing cash flows - (46) 1.13 Total operating and investing cash flows (carried forward) (201) (1,157)

• See chapter 19 for defined terms.

1.13	Total operating and investing cash flows
	(brought forward)	(201)	(1,157)
	Cash flows related to financing activities
1.14	Proceeds from issues of shares, options, etc.	-	222
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 (Capital raising costs)	-	-
	Net financing cash flows
		-	222
	Net increase (decrease) in cash held	(201)	(937)
1.20	Cash at beginning of quarter/year to date	971	1,705
1.21	Exchange rate adjustments to item 1.20	-	-
		770	770
1.22	Cash at end of quarter

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

		Current quarter
		\$A'000
1.23	Aggregate amount of payments to the parties included in item 1.2	41
1.24	Aggregate amount of loans to the parties included in item 1.10	-
1.25	Explanation necessary for an understanding of the transactions

1.23 Includes director's fees and salaries for executive and non-executive directors.

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

N/A

⁺ See chapter 19 for defined terms.

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

N/A

Financing facilities available

Add notes as necessary for an understanding of the position.

		Amount available \$A'000	Amount used \$A'000
3.1	Loan facilities	-	-
3.2	Credit standby arrangements	-	-

Estimated cash outflows for next quarter

	Total	190
4.4	Administration	140
4.3	Production	-
4.2	Development	-
4.1	Exploration and evaluation	50
		\$A'000

Reconciliation of cash

	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.	Current quarter \$A'000	Previous quarter \$A'000
5.1	Cash on hand and at bank	715	916
5.2	Deposits at call	55	55
5.3	Bank overdraft	-	-
5.4	Other (provide details)	-	-
	Total: cash at end of quarter (item 1.22)	770	971

⁺ See chapter 19 for defined terms.

		Tenement	Nature of interest	Interest at	Interest at
		reference	(note (2))	beginning	end of
		and		of quarter	quarter
		location
6.1	Interests in mining	WA:
	tenements and	E28/2527	Application	100%	-
	petroleum tenements	E69/2506	Granted	20%	-
	relinquished, reduced or lapsed	E28/2540	Application	100%	-
		E28/2542	Application	100%	-
		E28/2564	Application	100%	-
		E28/2565	Application	100%	-
6.2	Interests in mining	WA:
	tenements and	E28/2595	Application	-	100%
	petroleum tenements
	acquired or increased

Changes in interests in mining tenements and petroleum tenements

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	206,751,835	206,751,835
7.4	Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy backs	-	-	-	-
7.5	+Convertible debt securities (description)	-	-	-	-

⁺ See chapter 19 for defined terms.

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

7.6	Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted	-	-	-	-
7.7	Options (description and conversion factor)	12,000,000 12,000,000 38,160,554 1,707,316 2,250,000 1,000,000 4,500,000	- - 38,160,554 - - - -	Exercise price 15 cents 8 cents 8 cents 4.1 cents 8 cents 8 cents 8 cents	Expiry date 8 January 2017 8 January 2017 30 June 2016 13 December 2016 22 April 2017 22 June 2017 29 July 2018
7.8	Issued during quarter
7.9	Exercised during quarter
7.10	Expired during quarter
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 5).
• 2 This statement does /does not* (delete one) give a true and fair view of the matters disclosed.

Sign here: ..................................................Date: .29 April 2016.. (Company secretary)

Print name: Steven Wood

Notes

⁺ See chapter 19 for defined terms.

• 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 and petroleum 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 or petroleum 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 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report.
• 5 Accounting Standards ASX will accept, for example, the use of International Financial Reporting 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.