Announcement PDF ASX: MRZ 3436-1274-2457v7 Level 8, 2 Bligh Street Sydney NSW 2000 ASX ANNOUNCEMENT – 29 October 2025 Mont Royal Resources Ltd ACN: 625 237 658 E: info@montroyalres.com www.montroyalres.com SEPTEMBER 2025 QUARTERLY ACTIVITIES REPORT TRANSFORMATIONAL MERGER WITH COMMERCE RESOURCES COMPLETED ON 22 OCTOBER 2025, BRINGING ONE OF NORTH AMERICA’S LARGEST RARE EARTH DEPOSITS TO THE ASX MontRoyalResources(ASX: MRZ) (“MontRoyal”,the“Company”) is pleased to provideits activities report for the quarter ended 30th September 2025 (“Quarter”, “Reporting Period”) and accompanying Appendix 5B. HIGHLIGHTS • Mont Royal shares were suspended from the ASX on 17 February 2025 pending the release of an announcement regarding a proposed re-compliance transaction under Listing Rule 11.1. • On 10 April 2025, a landmark merger was announced with TSXV-listed Commerce Resources Corp. (“Commerce”) (TSXV:CCE;OTCQX:CMRZF; FSE: D7H0) byway of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the “Plan of Arrangement”). • A Prospectuswas lodgedwithASICand ASX on17 SeptemberfollowedbyaReplacementProspectuson 30 September2025 withrespect to an Offer to raise a minimumof A$8 millionand up to A$10 million (before costs) bythe issue ofbetween40.0 millionandnomore than50.0 millionnewfully-paidordinary shares on a post-consolidation basis at A$0.20 per share. • Mont Royal shareholdersapprovedall resolutionsrelatingtothe transaction at a General Meetingheld on 10 October2025,pavingthe way forcompletionof the mergeron22 October 2025,withMontRoyal acquiring 100% of the issued and outstanding common shares of Commerce. • The Offerclosedon Monday 13 October and was strongly supportedby investors,raisingthe maximum amount of A$10 million. Following completion of the Transaction, Mont Royal completed a share consolidation on a 0.2195-for-1 basis, with all options adjusted as per Listing Rule 7.22. • The merger has created a Canadian-focused critical metals company with a core focus on the 100%- owned Ashram Rare Earth and Fluorspar Deposit in Québec, Canada – one of the largest monazite- dominant carbonatite-hosted Rare Earth Elements (“REE”) deposits in North America. • The Ashram Projectoffers a compellingopportunityfor Mont Royal to complete studies as a precursor to establishinganewsource ofrare earthssupplyin NorthAmericaat a time ofrapidlygrowingdemand and significant investor interest in potential new Western supply sources. • Mont Royal shares are anticipatedto re-commence tradingon the ASX at the end of October following the Company’s re-compliance with Chapters 1 and 2 of the ASX Listing Rules. • Highly experienced rare earths executive Mr. Nicholas Holthouse has been appointed as Mont Royal’s Managing Director and CEO, alongside experienced mining executives Mr. Cameron Henry as non- executive Chairman, and Mr. Adam Ritchie and Mr. Jeremy Robinson as non-executive Directors. • Mr. Holthouse held productive meetings during the Quarter with Government and key project stakeholders in Québec to explore infrastructure options and discuss future funding opportunities for the Ashram Project. • Followingsuccessful completionofthe Transactionand A$10 millioncapital raising, Mont Royal is well- capitalisedandpositionedtoprogressdevelopmentactivitiesandstrategicengagement tomove quickly into the Pre-Feasibility Study phase for the Ashram Project. 2 ASX: MRZ Overview The September 2025 Quarter saw continued positive progress for Mont Royal Resources towards the completion of a landmark merger with TSXV-listed Commerce Resources Corp. to create an ASX and TSX-V listed,Québec-focused,critical minerals developerandexplorationcompanywithastrongfocusonrareearths, fluorspar, niobium and lithium exploration. The Transaction was approved at a shareholder meeting on 10 October, with the merger formally completed on 22 October. Mont Royal’snewly-appointedManagingDirector,Mr. Nick Holthouse,said:“The teamsat both MontRoyal and Commerce Resources worked diligently throughout the September Quarter to complete this landmark transaction, with the merger successfully completed on 22 October. “This represents the start of a truly transformational period for the Company, with key members of the Commerceteam – including myself asManaging Director –moving acrossto MontRoyal,with our focusfirmly set on progressing ournewly consolidated,high-quality assetportfolio in Quebec,underpinned by theflagship Ashram Rare Earths & Fluorspar Project. “During the Quarter, I had the opportunity to meet with numerous key stakeholders in Quebec regarding Ashram infrastructure options and funding opportunities, and was pleased to receive very positive feedback fromall these meetings.This putsthe Company in a very strong position to rapidly moveinto a Pre-Feasibility Study phase for Ashram. “The past Quarter has also seen further positive news in the global rare earths sector, headlined by the US Government’s recent major investment in the United States’ only operating rare earths mine, the Mountain Pass Mine in California.The investmentclearly demonstratesthestrong appetiteto secure rare earths supply from outside of China, providing very strong momentumfor Mont Royal as we get underway with studies to develop Ashram, which represents the largest monazite-hosted rare earths deposit in North America.” MERGER WITH COMMERCE RESOURCES CORP. On 10 April 2025, Mont Royal Resources announced that it had entered into a definitive arrangement agreement, pursuant to which Mont Royal would acquire 100% of the issued and outstanding shares of Commerce Resources Corp. (“Commerce Shares”) by way of a statutory plan of arrangement under the Business Corporations Act Business Columbia (“BCBCA”). The Transaction between Mont Royal and Commerce will create an ASX and TSX-V listed, Québec-focused, critical minerals developer andexploration companywitha strongfocusonrare earths,fluorspar,niobiumand lithium exploration (“Merged Group”). Subsequent to the Quarter-end, on 22 October 2025, the Company announced the successful completion of the merger transaction. It is anticipated that Mont Royal shares will be reinstated to trading on the Australian Securities Exchange (“ASX”) attheendof October2025 andwillcommencetradingontheTSXV undertheticker symbolMRZL.TSXV. Mont Royal will retain its primary listing on the ASX under the ticker symbol MRZ, ensuring strong market access for investors in both Australia and North America. It is anticipated that Commerce shareswill be de-listed fromthe TSXV at market close on or about30 October 2025. All registered Commerce shareholders are encouraged to complete, sign and return the letter of transmittal, which has been previously mailed and is available under Commerce’s SEDAR+ profile at www.sedarplus.ca,withaccompanyingCommercesharecertifiedand/orDRSadvice-statement(s) if applicable to Odyssey as soon as possible, if they have not already done so. Non-registered Commerce shareholders are encouraged to contact their broker or other intermediary for instructions and assistance in receiving the Mont Royal shares to which they are entitled. Forfurther informationonthe merger, please refer toCommerce’s managementinformationcircular dated11 September 2025 filed under Commerce’s profile on SEDAR+ at www.sedarplus.ca. 3 ASX: MRZ Highlights of the Merged Group include: • The flagship 100% owned Ashram Project (“Ashram”) is the largest undeveloped monazite-mineralised carbonatite-hosted Rare Earth Elements (“REE”) deposit in North America. • Ashram has been extensively drilled, and Commerce provided an updated Mineral Resource Estimate (“MRE”) (published 22 May 2024): o Indicated Resource: 73.2Mt at 1.89% REO and 6.6% CaF2; and o Inferred Resource: 131.1Mt at 1.91% REO and 4.0% CaF2. • A complementary exploration asset package at Mont Royal’s Northern Lights Project,covering an area of 536km2 in the Upper Eastmain Greenstone Belt, offering lithium, copper and gold potential. • Achieving a dual listing on the ASX and TSXV aims to attract a broader range of investors for the Merged Group, increase liquidity and greater ability to raise capital. • The ASX has a greater number of listed developing rare earth companies, providing a stronger group of peer companies to benchmark the Ashram Project. • Having access to the combined experience of key members of the Commerce and Mont Royal Boards, senior management and major shareholders, who have held former and current roles with successful international resource groups. • The Merged Grouphas anin-country CEOand ManagingDirector (Nicholas Holthouse,basedin Montreal) and a technical team capable of advancing the Eldor Property’s Ashram Project and niobium assets, and the Northern Lights Project. Full details of the merger were provided in the Company’s ASX Announcement dated 22 October 2025. The Ashram Project MRE was reported in Mont Royal’s replacement prospectus dated 30 September 2025 (“Replacement Prospectus”).The Companyconfirmsthat it is not aware of any new information or data that materially affects the MRE and thatall material assumptionsandtechnical parameters underpinningthe MRE continue to apply and have not materially changed. Merged Board and Executives Following completionof the Transaction, the board of Mont Royalhas been reconstitutedto ensure balanced representation and expertise, with strong leadership and extensive experience in the development of major resource projects. Experienced rare earths executive Mr Nicholas Holthousehas been appointedas MontRoyal’snew Managing Director and CEO.Mr HolthousewasappointedPresident & CEOof Commerce in June 2025 withtheintention that he would be appointed Managing Director of Mont Royal at completion. He brings 36 years of global mining leadership experience across operations,projectsand corporateroles. He has extensive rare earths expertise, having served as CEO of Meteoric Resources (Caldeira Project,Brazil) and Chief Operating Officer of Hastings Technology Metals (Yangibana Project, WA). He has successfully driven resource growth, project studies, off-take agreements and permitting while building high-performing teams. Mr Cameron Henry has been appointed as non-executive Chairman. He was the founding Managing Director of Primero Group Limited, an EPC company with over 1500 employees delivering in excess of $500M AUD annually.With morethan 20 years’experience in the developmentand delivery of global minerals processing, energy and infrastructure projects, he brings deep technical and commercial expertise. He is currently Managing Director of ASX-listedGreen Technology Metals, leading the development of a vertically integrated lithium supply chain in Ontario, Canada. He was formerly a Non-Executive Director at RareX Ltd and was involved in the development of Lynas Corporation’s Mt Weld Rare Earths Project in Western Australia. The rest of the reconstituted Mont Royal board comprises of: • Jeremy Robinson – Non-Executive Director A highly experienced resources executive with 20 years’ experience, specialising in critical minerals including rare earths. He is the Principal and Founder of Churchill Strategic Investments Group, which has financed multiple junior explorers and developers 4 ASX: MRZ across the ASX and TSX. • Ronnie Beevor– Non-ExecutiveDirectorOver40 yearsof investmentbankingand mining experience. He is the former Head of Investment Banking at Rothschild Australia and has held board roles with Atalaya Mining, Riversdale Resources, Talison Lithium, Bannerman Energy and Oxiana. He currently serves as Non-Executive Director of Champion Iron and Chairman of Felix Gold and Peel Mining Ltd. • Adam Ritchie – Non-ExecutiveDirectorMorethan20 years’experience in theresources industrywith a strong background in project delivery. He has held senior roles with Pilbara Minerals, Fortescue Metals Group,Rio Tinto andBHP. Adamhas a provenrecord of executing high-impact mining projects and holds a Bachelor of Engineering and a master’s degree in Utility Engineering. He is currently Managing Director of Loyal Metals Limited. Key executives in the merged group include: • Cindy Valence – VP Government Affairs & Sustainability – Cindy leads ESG strategy, stakeholder relations and government affairs for Mont Royal. She has over 20 years’ management experience in sustainable development and stakeholder engagement. • Peter Ruse – Head of Corporate Development – a finance professional with 14 years’ experience in equity funds management and institutional wealth management across the mining, minerals and industrial sectors. • Darren L. Smith – Technical Advisor – a professional geologist with over 17 years’ experience in mineral exploration.He holdsBSc andMSc degrees in GeologyfromCarletonUniversityandis a Senior Geologist/Manager at Dahrouge Geological Consulting. • Gavin Beer – Consulting Metallurgist – a qualified metallurgist with 35 years of international experience across metallurgical, mineral and chemical processing industries in Australia, Asia, South America and Europe. Gavin is the founder of Met-Chem Consulting. The Companyadvises that Mr Shaun Menezes has resigned as CompanySecretary and Mr Joel Ives has been appointed as the Company Secretary and ASX contact person. Share Consolidation Following the completion of the merger, Mont Royal’s share register has been updated pursuant to the consolidationof capital as outlined in the replacement Prospectusdated30 September 2025 andas approved by shareholders at the EGM held on Friday, 10 October 2025. The effective dateof theconsolidationwasThursday16 October2025 andtherecorddatefortheconsolidation was Tuesday 21 October 2025. Following completion of the Transaction and Consolidation with the capital raising (see below), the issued capital of Mont Royal is set out below: 5 ASX: MRZ 1 The Company notes that the Settlement has occurred and share issue was completed on 23 October 2025. Capital Raising MontRoyallodgeda replacement ProspectuswithASICon30 September2025 withrespecttoanoffer to raise A$8 million and upto A$10 million (beforecosts) by the issue of between 40.0 million andno more than 50.0 million new fully paid ordinary shares on a post-consolidation basis at an issue price of A$0.20 per share. The Public offer closed at 5.00pm on Monday 13 October 2025, with Mont Royal successfully receiving valid applications toraise the full amountof A$10.0 million(beforecosts) toadvance its projectsandsupportits re- compliance with Chapters 1 and 2 of the ASX Listing Rules. Settlement was completed on 23 October 2025. Shareholder Meeting A General Meeting of Mont Royal shareholders was held on 10 October 2025, with the resolutions put to shareholders including (but not limited to): • Approval for the consolidation of the Company’s capital; • Approval to change the nature and scale of the Company’s activities as contemplated under the Transaction; • Election of Commerce Resourcesrepresentatives, CameronHenry,JeremyRobinsonandAdamRitchie, to the Mont Royal Board upon Completion of the Transaction; • Approval for the issue of Shares relating to the capital raising outlined above. All resolutionsput toshareholdersat the meeting were carried. With shareholder approvalfor the Transaction in place, the Transaction was formally completed on 22 October. Stakeholder Meetings Commerce Resources’ recently appointed CEO, Nick Holthouse, who will be appointed Managing Director of Mont Royal following completion of the Transaction, held productive meetings during the Quarter with Government at both Federal and Provincial levels along with key project stakeholders in Quebec to explore infrastructureoptionsanddiscussfuturefundingopportunities fortheAshramRareEarths&FluorsparProject. The Companyhasbeen encouragedbythe continuedstrongawarenessof,andsupportfor, theAshramProject amongall stakeholdersand their willingness to engage constructivelyon infrastructuredevelopmentoptions. Uponsuccessful completion of the transaction – and with proceeds from the capital raising outlined above – the Companywill be well-capitalised and positionedto move quickly into the pre-feasibility studyphase. This represents a crucial milestone that will clarify project development options and further strengthen the Company’s ability to secure support from key stakeholders. MONT ROYAL CRITICAL MINERAL ASSETS During the September Quarter, the Company continued to assess previous exploration results from the Northern Lights Project in Canada to determine the most prospective area for future exploration. FINANCIAL POSITION The Company held$0.35 million in cash at 30thSeptember 2025,witha $10 million capital raising completed subsequent to Quarter-end. The Company’s estimated exploration tax rebate for FY2025 is approximately C$0.28 (A$0.31) millionwhichis anticipated tobe received in the nextsix months. Further,the Merged Group is expecting up to C$2.6m exploration tax rebate for FY2025 due to Commerce Resources, which is expected to be received this calendar year. There was no expenditure incurred on exploration activities during the September 2025 Quarter. No development or production activities were undertaken during the September 2025 Quarter. The aggregate total of paymentstorelated parties and their associates is disclosed in item 6.1 of the Appendix 5B pertaining to payments of executive and non-executive directors' fees. 6 ASX: MRZ For and on behalf of the Board ENDS. Joel Ives | Company Secretary For Further Information: Nicholas Holthouse Managing Director info@montroyalres.com Nicholas Read Investor and Media Relations +61 419 929 046 nicholas@readcorporate.com.au About Mont Royal Mont Royal Resources Limited (ASX:MRZ) is aninternational critical minerals development company formed through a merger with Commerce Resources Corp. completed in October 2025. Mont Royal is focused on advancing the AshramRare Earths & Fluorspar Project,one of the largest monazite-mineralised,carbonatite- hosted rare earth deposits in North America. For further information regarding Mont Royal, please visit the ASX platform (ASX: MRZ) or the Mont Royal’s website www.montroyalres.com Important Notices & Disclaimers Forward Looking Statements This announcementcontainscertain “forwardlooking statements”withinthe meaning of Australian securities laws and “forward looking information” within the meaning of Canadian securities laws (collectively referred to as “forward looking statements”). All statements, other than statements of historical fact, that address circumstances, events, activities or developments that could, or may or will occur are forward looking statements.Forwardlookingstatementsinvolvesubjectivejudgmentandanalysisand aresubjecttosignificant uncertainties, risksand contingenciesincluding thoserisk factors associatedwith the miningindustry,manyof which are outside the control of, change without notice, and may be unknown to Mont Royal or Commerce. These risks and uncertainties include but are not limited to liabilities inherent in mine development and production,geological, mining and processing technical problems, the inability to obtain anyadditional mine licences, permitsandother regulatoryapprovalsrequiredinconnection withminingandthird partyprocessing operations, competition for amongst other things, capital, acquisition of reserves, undeveloped lands and skilled personnel, incorrect assessments of the value of acquisitions, changes in commodity prices and exchange rates, currency and interest fluctuations, various events which could disrupt operations and/or the transportation of mineral products, including labour stoppages and severe weather conditions, the demand for and availability of transportation services, the ability to secure adequate financing and management’s ability to anticipate and manage the foregoing factors and risks. Forward looking statements in this announcement include, but are not limited to, statements regarding: the expected timetable, outcome and effects of the Transaction; the anticipated benefits of the Transaction to Mont Royal’s and Commerce’s shareholders; the prospects and outcomes of Mont Royal’s and Commerce’s assets;the ability of MontRoyaland Commerce to complete the Transactionon the terms described herein or at all; the plans and strategies of Mont Royal or Commerce; the future performance of Mont Royal or Commerce; the ability to obtain the requisite regulatory,stockexchange, court and shareholder approvalsfor the Transaction; and statements about market and industry trends, which are based on interpretation of market conditions.Forwardlookingstatementscangenerallybe identifiedbythe use of forwardlookingwords such as “anticipate”, “expect”, “likely”, “propose”, “will”, “intend”, “should”, “could”, “may”, “believe”, “forecast”,“estimate”,“target”,“outlook”,“guidance”(includingnegativeorgrammaticalvariations) andother similar expressions.Norepresentation,warranty,guaranteeorassurance,express or implied, is givenor made 7 ASX: MRZ in relation to anyforward lookingstatement.In particular no representation,warrantyorassumption,express or implied, is given in relation to any underlying assumption or that any forward looking statement will be achieved. There can be noassurancethat the forwardlookingstatementswill provetobe accurate. Actual and future events may vary materially from the forward looking statements and the assumptions on which the forward looking statementswere based, because events and actual circumstances frequentlydo not occur as forecast and futureresults are subjectto knownand unknownriskssuchas changes in market conditions and regulations. Given these uncertainties, readers are cautioned not to place undue reliance on such forward looking statements, and should rely on their own independent enquiries, investigations and advice regarding information contained in this announcement. Any reliance by a reader on the information contained in this announcement is wholly at the reader’s own risk. To the maximum extent permitted by law or any relevant listing rules of the ASX/TSX-V, Mont Royal and Commerce and their respective related bodies corporate and affiliates andtheir respective directors, officers, employees, advisors, agents and intermediaries disclaim any obligation or undertaking to disseminate any updatesor revisions to the informationin this announcementto reflect any change in expectations in relation to any forward looking statements or any such change in events, conditions or circumstances on which any suchstatementswerebased.Nothinginthisannouncementwill,under anycircumstances(includingbyreason of this announcementremaining available and notbeing superseded or replaced byanyother announcement or publication with respect to MontRoyal, Commerce or the subjectmatter of this announcement),createan implication that there has been no change in the affairs of Mont Royal or Commerce since the date of this announcement. Limitation on Information Regarding Mont Royal and Commerce All information in this announcement in relation to Commerce – including in relation to the estimates of Mineral Resources and other technical and financial information – has been sourced from, prepared for, or provided by Commerce and its related bodies corporate. Whilst Mont Royal has undertaken due diligence in order to seek to verify the accuracy of this information, no representation or warranty,expressed or implied, is made as to the fairness, accuracy, correctness, completeness or adequacy of any such information relating to Commerce. All informationin this announcementinrelation to MontRoyal – including in relation totechnical andfinancial information – hasbeensourcedfrom,preparedfor,orprovidedbyMontRoyalanditsrelatedbodiescorporate. Whilst Commerce hasundertaken due diligence in order to seek to verify the accuracy of this information, no representation or warranty, expressed or implied, is made as to the fairness, accuracy, correctness, completeness or adequacy of any such information relating to Mont Royal. Not Investment Advice This announcementis not financial product,investmentadvice or a recommendationto acquire securities of MontRoyalorCommerceandhasbeen preparedwithouttakingintoaccounttheobjectives,financial situation or needs of individuals.Each recipient of this announcementshouldmake its ownenquiries and investigations regarding all information in this announcement,including,butnot limited to,the assumption,uncertaintyand contingencies which may affect future operations of Mont Royal and/or Commerce and the impact that different futureoutcomesmay haveonMontRoyal and/orCommerce.Before making an investmentdecision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. Unless otherwise stated, all dollar values in this Announcement are reported in Australian dollars. 8 ASX: MRZ Annexure – Mining Tenement Information The Company owns of 75% of Northern Lights Minerals Pty Limited (“NLM”) which holds a substantial land package across the Upper Eastmain Greenstone belt in Quebec, Canada. The following tenements are held at 30 September 2025: Project Location Tenement/Title Number Northern Lights Quebec, Canada 2556889-894 2556900-912 2556915 2556918-925 2556926 2556928-933 2556934-935 2556936-946 2556947 2556948-953 2556954-956 2556957-958 2556959-971 2556974-984 2556990 2556991-999 2557000 2558307-322 2558323-325 2706113 2784482-485 2802682 2557011-012 2557016-020 2557025-038 2557040-061 2557064-086 2557088-100 2557102-164 2557174-175 2557183-185 2557188-189 2627133 Eastmain Leran Quebec, Canada 28001 – 28020 28133 32570 – 32577 47480 – 47482 Eastmain-Leran (North) Staked Claims Quebec, Canada 2691234 - 272 2366180 – 308 2366403 – 504 9 ASX: MRZ 2366511 – 512 2367332 – 339 2486140 – 145 2513157 – 400 2515373 2520337 – 338 2530140 - 150 The Company confirms that no tenements were acquired or disposed during the quarter. ASX Listing Rules Appendix 5B (17/07/20) Page 1 + See chapter 19 of the ASX Listing Rules for defined terms. Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Mont Royal Resources Limited ABN Quarter ended (“current quarter”) 12 625 237 658 30 September 2025 Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 1. Cash flows from operating activities - - 1.1 Receipts from customers 1.2 Payments for - - (a) exploration & evaluation (b) development - - (c) production - - (d) staff costs (42) (42) (e) administration and corporate costs (376) (376) 1.3 Dividends received (see note 3) - - 1.4 Interest received 2 2 1.5 Interest and other costs of finance paid - - 1.6 Income taxes paid - - 1.7 Government grants and tax incentives - - 1.8 Other (provide details if material) - - 1.9 Net cash from / (used in) operating activities (416) (416) 2. Cash flows from investing activities - - 2.1 Payments to acquire or for: (a) entities (b) tenements - - (c) property, plant and equipment - - (d) exploration & evaluation - - (e) investments - - (f) other non-current assets - - Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 2.2 Proceeds from the disposal of: - - (a) entities (b) tenements - - (c) property, plant and equipment - - (d) investments - - (e) other non-current assets - - 2.3 Cash flows from loans to other entities - - 2.4 Dividends received (see note 3) - - 2.5 Other (provide details if material) - - 2.6 Net cash from / (used in) investing activities - - 3. Cash flows from financing activities - - 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities - - 3.3 Proceeds from exercise of options - - 3.4 Transaction costs related to issues of equity securities or convertible debt securities - - 3.5 Proceeds from borrowings - - 3.6 Repayment of borrowings - - 3.7 Transaction costs related to loans and borrowings - - 3.8 Dividends paid - - 3.9 Other (provide details if material) - - 3.10 Net cash from / (used in) financing activities - - 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 778 778 4.2 Net cash from / (used in) operating activities (item 1.9 above) (416) (416) 4.3 Net cash from / (used in) investing activities (item 2.6 above) - - 4.4 Net cash from / (used in) financing activities (item 3.10 above) - - Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 4.5 Effect of movement in exchange rates on cash held -9 -9 4.6 Cash and cash equivalents at end of period 353 353 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts Current quarter $A’000 Previous quarter $A’000 5.1 Bank balances 343 678 5.2 Call deposits 10 100 5.3 Bank overdrafts - - 5.4 Other (provide details) - - 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 353 778 6. Payments to related parties of the entity and their associates Current quarter $A'000 6.1 Aggregate amount of payments to related parties and their associates included in item 1 42 6.2 Aggregate amount of payments to related parties and their associates included in item 2 - Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments. 7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 7.1