Luiri Gold : Quarterly Cashflow and Activities Report

QUARTERLY REPORT FOR THE THREE MONTHS ENDED 30 JUNE 2016

Luiri Gold Limited

ASX Code: LGM

www.luirigold.com

ASX Announcement

27 July 2016

ASX: LGM

CORPORATE

During the quarter the directors considered several potential investments, in mining and other sectors, seeking to identify a good

value proposition for the Company's shareholders. The Board is now

Corporate Structure

Shares on issue 460.4m

52 week high A$0.002

52 week low A$0.002

undertaking preliminary due diligence on a business opportunity.

The company continues to keep administration costs to a minimum and will pay directors fees in shares, subject to shareholder approval, to preserve cash.

Company Directors

Rob Brown

Non-Executive Chairman

Stuart Murray

Managing Director/ Deputy Chairman

Peter Hawkins

Non-Executive Director

Angela Pankhurst

Director/ Company Secretary

For further information please contact: Luiri Gold

P: [phone]

F: [phone]

E: [e-mail]

W: www.luirigold.com

Luiri Gold Limited

ARBN 32 139 588 926 T [phone]

Suite 5, 9 Bowman St F [phone]

South Perth WA 6151 E [e-mail]

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

Appendix 5B

Rule 5.5

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

LUIRI GOLD LIMITED

ABN Quarter ended ("current quarter")

139 588 926

30 June 2016

Consolidated statement of cash flows

Cash flows related to operating activities Receipts from product sales and related debtors (b) development production administration Dividends received Interest and other items of a similar nature received Interest and other costs of finance paid Income taxes paid Other (R&D tax refund) Payments for (a) exploration & evaluation Net Operating Cash Flows	Current quarter $A'000	Year to date (6 months) $A'000
	(8) ‐	(36) 1
	(8)	(35)
Cash flows related to investing activities Payment for purchases of:(a) prospects (b) equity investments other fixed assets Proceeds from sale of: (a) prospects (b) equity investments other fixed assets Loans to other entities Loans repaid by other entities Other (provide details if material) Total operating and investing cash flows (carried forward) Net investing cash flows
	‐	‐
	(8)	(35)

+ See chapter 19 for defined terms.

01/05/2010 Appendix 5B Page 1

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

1.13 Total operating and investing cash flows (brought forward)	(8)	(35)
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
1.17 Repayment of borrowings
1.18 Dividends paid
1.19 Other (shares to be issued)
Net financing cash flows	‐	‐
Net increase (decrease) in cash held	(8)	(35)
1.20 Cash at beginning of quarter/year to date	161	188
1.21 Exchange rate adjustments to item 1.20
1.22 Cash at end of quarter	153	153

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

1. Aggregate amount of payments to the parties included in item 1.2 6

2. Aggregate amount of loans to the parties included in item 1.10

3. Explanation necessary for an understanding of the transactions

Non‐cash financing and investing activities

1. Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

   + See chapter 19 for defined terms.

   Appendix 5B Page 2 01/05/2013

   Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

2. Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

Financing facilities available

Add notes as necessary for an understanding of the position.

Amount available $A'000	Amount used $A'000

1. Loan facilities

2. Credit standby arrangements

Estimated cash outflows for next quarter

Exploration and evaluation Development Production Administration	$A'000
	50
Total	50

Reconciliation of cash

Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.	Current quarter $A'000	Previous quarter $A'000
Cash on hand and at bank Deposits at call Bank overdraft Other (provide details)	153	161
Total: cash at end of quarter (item 1.22)	153	161

+ See chapter 19 for defined terms.

01/05/2010 Appendix 5B Page 3