CMY 0.00% 0.5¢ capital mining limited

1(a) the annual report states: "On 29 July 2015 the Company...

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    1(a)
    the annual report states: "On 29 July 2015 the Company announced that it has entered into a loan deed with a private lender for a facility of $1,000,000 that is secured against all of the assets of the Company. The Company drew down the first $260,000 in August 2015...."

    1(b)
    the Quarterly Cash Flow Report ended 30/9/15 does not show any entry at" "Proceeds from borrowings" for an amount of $260,000


    1(c)
    the Quarterly Cash Flow Report ended 30/9/15 does not show any entry at" "Repayment of borrowings" for an amount of $260,000

    2(a)
    the Quarterly Cash Flow Report ended 30/9/15 shows "equity investments" for an amount of $422,000

    2(b)
    the Quarterly Cash Flow Report ended 30/9/15 shows "Loans / Deposits to other entities" for an amount of $844,000

    3(a)
    at 30/6/15, the annual report shows the company had the following liabilities
    - Trade creditors 984,313 (disputing $706,258)
    - Accrued expenses 47,675
    - Payroll liabilities 22,364
    - Other 136,713

    3(b)
    the Quarterly Cash Flow Report ended 30/9/15 does shows $743,000 in payments for administration expenses, which we can assume were for the $484,807 undisputed liabilities above and a further $258,193 in new costs for the quarter

    4(a) the prospectus of 12/8/15 states: "The funds raised from the Offer are planned to be used in accordance with the table set out below:
    1. Exploration $263,000
    2. Payment of creditors $500,000
    3. Expenses of the Offer $115,000
    4. Working capital $606,155
    Total $1,484,155
    ..."

    5(a)
    on 22/10/15, the company raised a further $330,000

    6(a)
    the Sept quarterly report closed with $226,000 in cash and a forecast next quarter spend of $170,000.

    6(b)
    including the $330,000 raised on 22/10/15, the company forecast around $386,000 in cash at 31/12/15

    .
    Last edited by ddzx: 04/12/15
 
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