SANTA FE MINERALS LTD — Financial Supplement Data 2017

Nov 19, 2017

Pro-Forma Statement of Financial Position

The pro-forma statement of financial position is located below and is based on audited 30 June 2017 figures.

CURRENT ASSETS Cash and cash equivalents Trade and other receivables Other financial assets TOTAL CURRENT ASSETS NON-CURRENT ASSETS Property, plant & equipment Deferred exploration & evaluation expenditure Assets classified as available- for-sale TOTAL NON-CURRENT ASSETS TOTAL ASSETS CURRENT LIABILITIES Trade and other payables Employee benefits liability TOTAL CURRENT LIABILITIES TOTAL LIABILITIES NET ASSETS EQUITY Issued capital Reserves Accumulated losses TOTAL EQUITY	Audited 30 June 2017 Subsequent Events1 Proforma Adjustments2 Proforma $ $ $ $ 8,776,440 (75,000) (2,122,255) 6,579,185 26,336 - - 26,336 951 - - 951
	8,803,727 (75,000) (2,122,255) 6,606,472
	2,569 - - 2,569 - 75,000 270,941 345,941 300,000 - - 300,000
	302,569 75,000 270,941 648,510
	9,106,296 - (1,853,218) 7,254,982
	52,475 - - 52,475 28,669 - - 28,669
	81,144 - - 81,144
	81,144 - - 81,144
	9,025,152 - (1,853,218) 7,173,838
	16,405,862 - (1,897,255) 14,508,607 (72,452) - 45,941 (26,511) (7,308,258) - - (7,308,258)
	9,025,152 - (1,851,314) 7,173,838

Notes:

1. Subsequent to 30 June 2017, the Company paid $75,000 cash consideration for the acquisition of the Projects

2. The pro-forma adjustments include:

3. Issue of the Capital Raising Share shares pursuant to the Prospectus of $1,000,000

4. Share issue costs of $274,159

5. Return of Capital of $2,748,096

6. Payment of cash consideration to the Vendors of $100,000

7. Issue of Shares to the Vendors with value of $125,000

8. Issue of the Vendor Options to the Vendors with value of $45,941