TIDMJPRL
RNS Number : 6403F
Jupiter Energy Ltd
29 July 2016
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
Jupiter Energy Limited
----------------------
ABN Quarter ended ("current
quarter")
65 084 918 481 30 June 2016
-------------- -----------------------
Consolidated statement of cash flows
Cash flows related to Current quarter Year to date
operating activities
$A'000 (12 months)
$A'000
---------------- -------------
1.1 Receipts from product - -
sales and related debtors
Payments for (a) exploration
& evaluation (72) (1,031)
(b) development - -
(c) production - -
1.2 (d) administration (537) (2,595)
1.3 Dividends received - -
Interest and other
items of a similar
1.4 nature received 5 5
1.5 Interest and other - -
costs of finance paid
1.6 Income taxes paid - -
Other (provide details
1.7 if material) 4 4
Net Operating Cash
Flows (600) (3,617)
----- ----------------------------- ---------------- -------------
Cash flows related
to investing activities
1.8 Payment for purchases - -
of: (a) prospects - -
(b) equity investments - -
(c) other fixed assets
1.9 Proceeds from sale - -
of: (a) prospects - -
(b) equity investments - -
(c) other fixed assets
1.10 Loans to other entities - -
1.11 Loans repaid by other - -
entities
1.12 Other (provide details - -
if material)
- -
Net investing cash
flows
---------------- -------------
Total operating and
investing cash flows
1.13 (carried forward) (600) (3,617)
----- ----------------------------- ---------------- -------------
Total operating and
investing cash flows
1.13 (brought forward) (600) (3,617)
----- --------------------------
Cash flows related
to financing activities
1.14 Proceeds from issues - -
of shares, options,
etc.
1.15 Proceeds from sale - -
of forfeited shares
1.16 Proceeds from borrowings 1,225 2,615
1.17 Repayment of borrowings - -
1.18 Dividends paid - -
1.19 Other (provide details - -
if material)
------ ----------
Net financing cash - -
flows
----- -------------------------- ----------
Net increase (decrease)
in cash held 625 (1,002)
Cash at beginning of
1.20 quarter/year to date 53 1,619
Exchange rate adjustments
1.21 to item 1.20 (6) 55
------ ----------
1.22 Cash at end of quarter 672 672
----- -------------------------- ------ ----------
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
----------------
Aggregate amount of payments
to the parties included in item
1.23 1.2 131
----------------
-
1.24 Aggregate amount of loans to
the parties included in item
1.10
------- ---------------------------------- ----------------
1.25 Explanation necessary for an understanding
of the transactions
Consulting fees paid for the quarter 30
June 2016.
----------------------------------------------------
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
--------------------------------------------------
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 Amount used
$A'000 $A'000
Loan Facilities - 2016
3.1 Promissory Note 6,739(#) 1,274
----------------- ------------
3.2 Credit standby arrangements N/A N/A
---- ---------------------------- ----------------- ------------
#2016 New Promissory notes up to US$5.00m (A$6.74m equivalent),
subject to Lenders agreement on use of funds.
Estimated cash outflows for next quarter
$'000
---------------
4.1 Exploration and evaluation Nil
---------------
4.2 Development Nil
---------------
4.3 Production Nil
---------------
4.4 Administration US$900 $A1,213
---------------
US$900 $A1,213
Total
---- --------------------------- ---------------
Reconciliation of cash
Reconciliation of cash Current quarter Previous quarter
at the end of the quarter $A'000 $A'000
(as shown in the consolidated
statement of cash flows)
to the related items in
the accounts is as follows.
--------------------------------- ---------------- -----------------
Cash on hand and at
5.1 bank 672 53
---------------- -----------------
5.2 Deposits at call
- -
---------------- -----------------
5.3 Bank overdraft - -
---------------- -----------------
5.4 Other (provide details) - -
---------------- -----------------
Total: cash at end of
quarter (item 1.22) 672 53
----- -------------------------- ---------------- -----------------
Changes in interests in mining tenements and petroleum
tenements
Tenement Nature of interest Interest Interest
reference (note (2)) at beginning at end
and of quarter of quarter
location
----------- ------------------- -------------- ------------
6.1 Interests
in mining
tenements
and petroleum
tenements
relinquished,
reduced or
lapsed
----------- ------------------- -------------- ------------
6.2 Interests
in mining
tenements
and petroleum
tenements
acquired or
increased
----------- ------------------- -------------- ------------
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 Issue price Amount paid
quoted per security up per security
(see note (see note
3) (cents) 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
----- ----------------- ---------------- -------------- -------------- ------------------
+Ordinary
7.3 securities 153,377,693 153,377,693 Fully Paid Fully Paid
---------------- -------------- -------------- ------------------
7.4 Changes
during
quarter
(a) Increases
through
issues
(b) Decreases
through
returns
of capital,
buy-backs
7.5 +Convertible
debt securities
(description) - - - -
---------------- -------------- -------------- ------------------
Changes
during
quarter
(a) Increases
through
issues
(b) Decreases Rolled over
through to promissory
securities Notes repayment
matured, due 1 July
7.6 converted (12,400,000) - $US1.25 2018
7.7 Options Exercise Expiry date
(description price
and conversion
factor)
---------------- -------------- -------------- ------------------
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) US$20,845,753
Promissory
Notes
US$9,914,227
Promissory
Notes
---------------- --------------
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 July 2016
(Director/Company secretary)
Print name: Scott Mison
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 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.
== == == == ==
This information is provided by RNS
The company news service from the London Stock Exchange
END
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