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TAWANA RESOURCES NL - Appendix 5B

Release Date: 30/04/2013 10:30:00      Code(s): TAW       PDF(s):  
Appendix 5B

  Tawana Resources NL
  (Incorporated in Australia)
  (Registration number ACN 085 166 721)
  Share code on the JSE Limited: TAW
  ISIN: AU000000TAW7
  Share code on the Australian Stock Exchange Limited: TAW
  ISIN: AU000000TAW7
  (“Tawana” or “the Company”)



  Rule 5.3

  Appendix 5B
  Mining 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



  Name of entity
   Tawana Resources NL

  ABN                                                                                   Quarter ended (“current quarter”)
   69 085 166 721                                                                        31 March 2013


  Consolidated statement of cash flows
                                                                              Current quarter               Year to date
Cash flows related to operating activities                                    $A’000                        (3 months)
                                                                                                            $A’000
1.1       Receipts from product sales and related debtors                                             -                        -

1.2       Payments for     (a) exploration & evaluation                                            (537)                    (537)
                           (b) development                                                            -                        -
                           (c) production                                                             -                        -
                           (d) administration                                                      (382)                    (382)
1.3       Dividends received                                                                          -                        -
1.4       Interest and other items of a similar nature
          received                                                                                    7                        7
1.5       Interest and other costs of finance paid                                                    -                        -
1.6       Income taxes paid                                                                           -                        -
1.7       Other (provide details if material)                                                         -                        -

          Net Operating Cash Flows                                                                 (912)                    (912)

          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                      -       -
1.13   Total operating and investing cash flows
       (carried forward)                          (912)   (912)
1.13    Total operating and investing cash flows
        (brought forward)                                                    (912)                        (912)

        Cash flows related to financing activities
1.14    Proceeds from issues of shares, options, etc.                         500                          500
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 – share issue costs                                               -                            -
                                                                              500                          500
        Net financing cash flows

        Net increase (decrease) in cash held                                 (412)                        (412)

1.20    Cash at beginning of quarter/year to date                           1,679                         1,679
1.21    Exchange rate adjustments to item 1.20                                (11)                          (11)
                                                                            1,256                         1,256
1.22    Cash at end of quarter

  Payments to directors of the entity and associates of the directors
  Payments to 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               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

         Directors’ fees


  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
3.1    Loan facilities                                                               -                             -

3.2    Credit standby arrangements                                                   -                             -



  Estimated cash outflows for next quarter
                                                                                                       $A’000
4.1    Exploration and evaluation                                                                         350

4.2    Development                                                                                             -

4.3    Production                                                                                              -

4.4    Administration                                                                                        350


       Total                                                                                                 700

  Reconciliation of cash
 Reconciliation of cash at the end of the quarter (as            Current quarter          Previous quarter
 shown in the consolidated statement of cash flows) to           $A’000                   $A’000
 the related items in the accounts is as follows.
 5.1     Cash on hand and at bank                                              1,236                      1,659
                                                                                  20                         20
 5.2     Deposits at call
                                                                                   -                         -
 5.3     Bank overdraft
                                                                                   -                         -
 5.4     Other (provide details)
                                                                               1,256                      1,679
         Total: cash at end of quarter (item 1.22)


  Changes in interests in mining tenements
                                         Tenement         Nature of interest             Interest at   Interest at
                                         reference        (note (2))                     beginning     end of
                                                                                         of quarter    quarter
 6.1     Interests in mining
         tenements relinquished,
         reduced or lapsed


 6.2     Interests in mining
         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 quoted          Issue price per        Amount paid up per
                                                                             security (see note     security (see note 3)
                                                                             3) (cents)             (cents)
7.1      Preference            -                      -
         +securities

7.2      Changes during        N/A                    N/A
         quarter
7.3      +Ordinary             926,629,043            926,629,043
         securities
7.4      Changes during
         quarter
         (a) Increases         50,000,000             50,000,000             $0.01                  $0.01
          through issues
         (b) Decreases
         through returns
         of capital, buy-
         backs
7.5      +Convertible          -                      -
         debt securities
7.6      Changes during        N/A                    N/A
         quarter
7.7      Options                                                             Exercise price         Expiry date
         Unlisted options      6,750,000              -                      $0.10                  17 Jan 2014
         Unlisted options      50,000,000             -                      $0.01                  30 Jul 2013
         Unlisted options      5,000,000              -                      $0.05                  9 Sep 2014
         Unlisted options      25,000,000             -                      $0.01                  8 Mar 2014
         Unlisted options      1,250,000              -                      $0.03                  10 Nov 2013
         Unlisted options      1,250,000              -                      $0.05                  10 Nov 2015
         Unlisted options      28,500,000             -                      $0.036                 30 April 2015

7.8      Issued during
         quarter               -                      -                      -                      -
7.9      Exercised during
         quarter               50,000,000             -                      $0.01                  23 Feb 2013
7.10     Expired during        6,000,000              -                      $0.10                  17 Jan 2013
         quarter               6,750,000              -                      $0.07                  17 Jan 2013
7.11     Debentures            -                      -

7.12     Unsecured             -                      -
         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 give a true and fair view of the matters disclosed.




Sign here:       ............................................................   Date: 30 April 2013
                      Company secretary



Print name:      Aaron Finlay

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 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, 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.

== == == == ==

30 April 2013

Sponsor
PricewaterhouseCoopers Corporate Finance ( Pty) Ltd

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