Announcement PDF Quarterly Activities Report for the Period Ended 31 March 2024 GOLD HYDROGEN LTD (ASX:GHY) HIGHLIGHTS FOR THE MARCH QUARTER Shares on Issue 159.7 million  Mean estimate of 96 billion cubic feet (Bcf) of Helium over approximately 25% of the Ramsay Project area (PEL 687), which, if replicated across the tenement, would potentially make this a world-class Helium project. See Table 1 below for full details, including the high, low and best estimates. The Company notes that the estimated quantities of Helium that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration, appraisal and evaluation is required to determine the existence of a significant quantity of potentially recoverable Helium. Market Capitalisation A$208m (at A$1.30 per share) Directors Rt Hon Alexander Downer (Chair) Neil McDonald (Managing Director) Roger Cressey (Executive Director) Katherine Barnet (Non-Executive Director) Company Secretary / CFO Karl Schlobohm Contact Details Level 14, 110 Eagle Street Brisbane QLD 4000 For Media Enquiries Contact: Matthew Doman – Crestview Strategy Matthew.doman@crestviewstrategy.com +61 421 888 858 W: https://goldhydrogen.com.au/ E : info@goldhydrogen.com.au LinkedIn: Gold Hydrogen Ltd X: @GHY_ASX  Exploration well testing operations, which are pioneering for both Natural Hydrogen and Helium in a non-petroleum system, commenced on 5 March 2024 at the site of the Company’s successful Ramsay 1 and Ramsay 2 exploration wells.  The objectives of the exploration well tests are to obtain more samples of both Natural Hydrogen and Helium for further specialist isotopic and compositional analysis in world-leading laboratories, and to extract both Natural Hydrogen and Helium to surface.  Initial results from the exploration well testing program confirm an air-corrected Helium result of 17.5% taken from an MDT sample at a depth of 778m in Ramsay 2. Details in body of report.  Stage 1 of the well testing operations have now been completed on-site, with laboratory testing and analysis of samples ongoing. A second stage of extended well testing is currently in advanced planning. Gold Hydrogen Limited – Quarterly Activities Report EXPLORATION AND TECHNICAL ACTIVITIES ` General Background Gold Hydrogen is focused on the discovery and development of world class Natural Hydrogen and Helium gases in a potentially extensive and world class Natural Hydrogen and Helium province in South Australia. The domestic and global demand for Hydrogen, combined with new Natural Hydrogen exploration techniques and experienced personnel, provides Gold Hydrogen with an extraordinary opportunity to define and ultimately develop a new Natural Hydrogen gas province. Further to this, Helium is extremely rare and expensive, there is limited world-wide production and almost nil production of Helium in Australia. Gold Hydrogen is well placed to potentially prosper from this opportunity. Figure 1 – Gold Hydrogen PEL 687 and areas under application located in South Australia. The combined permit area of the Gold Hydrogen group which is prospective for Natural Hydrogen and Helium is approximately 75,332km2. Gold Hydrogen holds one granted petroleum exploration license (PEL 687) and its two 100% owned subsidiary companies (White Hydrogen Australia and Byrock Resources) hold an additional seven (7) applications within South Australia (refer Figure 1). Gold Hydrogen Limited – Quarterly Activities Report p. 2 ` Gold Hydrogen is also the preferred applicant for four (4) gas storage exploration license applications (GSELA) covering an additional 8,107km2 within the renewable energy zone of PEL 687 of the Yorke Peninsula region of South Australia. A summary of the status of the group’s petroleum and storage licence tenure as at the end of the Quarter is outlined in Appendix A. Prospective Helium Resource Report Gold Hydrogen engaged Teof Rodrigues and Associates (TRA) as independent certifiers to estimate the Prospective Helium Resources within the Ramsay Project area on the Yorke Peninsula based on the drilling results for the Ramsay 1 & 2 exploration wells, and other regional data points suggesting a regional Helium source. Table 1 shows the results of application of the industry standard assessment method (SPE-PRMS) to estimate the Helium resources. Table 1 – Helium Prospective Resources within the Ramsay Project area and PEL 687 Gold Hydrogen Prospective Resources* of Helium in Bcf - Ramsay Project (PEL 687 Yorke Peninsula) 21 February 2024 PEL Prospects PEL 687 All Prospects PEL 687 PEL 687 Ramsay Fault Block South of Ramsay Fault Block SPE PRMS Subclass Prospect Formation 1U 2U 3U Low Best MEAN High Estimate Estimate Estimate Pg All Formations Total 7 41 96 243 17% 60% 10% Kulpara Formation 0.8 3.6 7.0 17.1 29% 60% 17% Winulta Formation 0.1 0.6 1.6 4.0 12% 60% 7% Fractured Basement 0.7 3.8 6.9 16.7 13% 60% 8% Sub-Total 2 8 15 38 20% 60% 12% Kulpara Formation 2.1 12.8 3 0.5 77.6 23% 60% 14% Winulta Formation 0.3 2.4 7.7 19.8 8% 10.3 25.5 65.2 12% 60% 7% 7.7 17.0 42.7 12% 60% 7% 33 81 205 16% 60% 10% Fractured Basement 1.6 Prospect Hilbata Suite Fractured Basement Yorke Peninsula 1.4 Heel Sub-Total 5 Pd Pc 60% 5% *This estimate of Natural Hydrogen Prospective Resources must be read in conjunction with the notes in the Company’s ASX release of 21 February 2024. The Company confirms that it is not aware of any further new information or data that materially affects the estimates of Helium Prospective Resources, and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. These Helium Prospective Resources are estimated quantities of Helium that may potentially be recovered by the application of a future development project(s) and relate to undiscovered accumulations. These estimates have both an associated risk of discovery (Pg) and a risk of development (Pd). Further exploration, appraisal and evaluation is required to determine the existence of a significant quantity of potentially recoverable Helium. Gold Hydrogen Limited – Quarterly Activities Report p. 3 ` Figure 2 – Map outlining the on-shore location of the Prospective Resource Report for Helium Potential for a “Green Helium” Project Extracting Helium from an area that has no petroleum system is potentially ground-breaking, as currently 95% of Helium is produced from petroleum and fossil fuel environments, making “green” Helium (ie. not derived as a by-product of a hydrocarbon development) an emerging opportunity. 1 Helium Uses Helium has many industrial, medical and technical uses, as outlined below: 1 “About Helium” www.noblehelium.com.au Gold Hydrogen Limited – Quarterly Activities Report p. 4 ` Ramsay 1 & 2 Well Testing Program – Operations & Objectives Exploration well testing operations at the Ramsay 1 and Ramsay 2 well sites commenced on 5 March 2024. Well testing experts, SGS Australia supplied the flow back testing package including all pressure and flow sensors and gas sampling equipment. Experienced gas contractors Well Pro and MPK supplied the coil tubing unit, plus the nitrogen pumping and wireline operations for the work. During the well testing phases, extensive gas sampling is being conducted by SGS together with Petro Lab and CSIRO. Gas samples taken to date have been sent to various local and international laboratories to have full gas composition and noble gas isotope tests conducted. It is expected that these technical tests could take several months to fully complete. Well testing experts ERCE have been engaged to provide an independent review of the testing program, utilising experts in Perth and London. Figure 3 – Exploration Well Testing Equipment on Site at Ramsay 2 The Company considers this to be the start of an exciting journey, which is not dissimilar to that undertaken by various world-renowned and ultimately successful oil and gas projects, like the early days in the CSG and shale industries. For those particular resources, the exploration and completion techniques were developed and optimised over time, improving project economics and ultimately leading to major projects being developed. There is very little data available for dedicated Hydrogen wells anywhere in the world due to the lack of analogue wells. Accordingly, there is inherent uncertainty with regard to the expected outcomes of the Ramsay 1 and Ramsay 2 exploration well testing program. Gold Hydrogen Limited – Quarterly Activities Report p. 5 Ramsay 1 & 2 Well Testing Program – Stage 1 and Stage 2 ` The initial results from Stage 1 of the well testing program on the Ramsay 1 well confirmed the Company’s interpretation that not only are Natural Hydrogen and Helium present in the different reservoir units at the Ramsay 1 location (as per Ramsay 1 MDT results recorded and announced at the time of drilling), but it also confirmed that both gases can be recovered at the top of the well bore through natural fluid flow from a large bare foot completion. As reported by the Company on 25 March 2024, analysis received for gas recovered at surface from Ramsay 1 indicated levels of oxygen comparable with the composition of the lifting gas used to evacuate the fluid from the well bore. This suggests no oxygen enrichment occurs from in-situ gas from within the reservoirs, and this is supporting the view that no measurable free oxygen is present in the fractures and pores space in the different reservoir units. Oxygen measured within the MDT samples taken from Ramsay 1 and Ramsay 2 is therefore most likely to be air contamination, rather than a true compositional measurement of the gas from the reservoir pore space. As outlined in the Company’s ASX releases of 6 and 19 December 2023, the MDT sample recovered from 778mMD during the drilling of Ramsay 2 recorded a raw Helium concentration of up to 6.8% with significant amounts of oxygen present in the MDT sample. Based on the observations of the Ramsay 1 well test, this MDT sample will require correction for the interpreted air contamination, resulting in a most likely true concentration of Helium in the MDT sample recorded during the drilling of Ramsay 2 of up to 17.5%. Refer Table 2 below for further technical information. This is believed to be among the highest concentrations of Helium found in the world and which could be attributed to its presence in a non-petroleum system setting. By comparison, a recent large discovery reported by Pulsar Helium found a Helium concentration of 13.8% (prior to any required aircorrection) from Jetstream 1 well in Minnesota, USA2. Well testing operations for Stage 1 of the testing program recently wrapped up on site, following the discreet testing of eight (8) separate zones within the Ramsay 2 well. The Company will prepare a market release on the conclusions and results from the Stage 1 well testing operations once it has sufficient data (including laboratory results of gas and fluid samples) to provide a meaningful and comprehensive summary of the technical outcomes. As the Company has been highly encouraged by the insights gained from Stage 1 of the testing program, particularly including indications of the permeability and porosity of the sub-surface structures, it has moved into advanced planning for a Stage 2 extended well testing program to be undertaken in June, subject to equipment availability and any required approvals. The Stage 2 exploration well testing will involve the mobilisation of existing specialised equipment to lift the water in the well bores. The method is standard in testing with a single completion via a pump attached with the tubing for the water to flow, and an annulus to produce a free gas. At surface, the gas from both systems will be recombined downstream of, a separator, with combined gas volume and flow rate measurement. With the data obtained from the Stage 1 and Stage 2 well tests, Gold Hydrogen will better understand the characteristics of the Natural Hydrogen and Helium reservoirs. The data and its subsequent analysis will assist the Company in gaining technical insights into how the Ramsay Project area could be further explored and appraised, including future well designs and testing protocols, as well as providing input for a future pilot plant / proof-of-concept plant design. https://www.startribune.com/Helium-gas-drilling-iron-range-minnesota-pulsar-edelgas-duluthmetals/600351052/ 2 Gold Hydrogen Limited – Quarterly Activities Report p. 6 ` Table 2 – Listing Rule 5.30 Information – Ramsay 2 Well Name: Location (UTM zone 53 GDA2020) X 747,761.61 Y 6149371.41 Permit Entity holders Resources Formation Gross thickness and net pay thickness* Geological rock type Depth of the zones tested Type of test and duration Phase recovered Other types of recovery Flow rates, choke size, volumes recovered Fracture stimulation Material non hydrocarbons Ramsay 2 PEL687 Gold Hydrogen 100% Helium Kulpara Fm and Winulta Fm 246m Gross Dolomites and Dolomitic Sandstones 778mMD MDT Water N/A N/A None Nitrogen * Insufficient information is presently available to determine net pay thickness. First Key Step on the Journey to Future Potential Development The Company is of the view that the Ramsay Project contains significant prospective resources of both Natural Hydrogen and Helium, with large scale potential that it is aiming to be potentially developed over time. There is very little data available for dedicated Natural Hydrogen wells anywhere in the world due to the lack of analogue wells. Accordingly, there is inherent uncertainty with regard to the expected outcomes of the Ramsay 1 and Ramsay 2 exploration well testing program. To the Company’s knowledge, the only Natural Hydrogen field currently in production is located in Mali, West Africa, where Natural Hydrogen production is used to power the small town of Bourakébougou. It has been reported that the Natural Hydrogen wells in Mali do not have any decline in production and are continually regenerating and producing at the same rate. 3 Helium is extremely valuable and indicatively, longer-term bulk pricing is expected to approximate USD450 per Mcf (thousand cubic feet). 4 “Natural Hydrogen: a new source of carbon free and renewable energy that can compete with hydrocarbons”, First Break Volume 40, October 2022 (available via www.goldhydrogen.com.au/technicalarticles/) 4 February 2024, www.noblehelium.com.au, quoting Konbluth Consulting. 3 Gold Hydrogen Limited – Quarterly Activities Report p. 7 ` Important Risk Commentary It is important to note that there remain both geological and potential development risks associated with the Ramsay Project and the Company’s commercial and business objectives. These risks relate to the presence, recovery, and potential volumes of Natural Hydrogen and Helium, but also due to the location of the current and potential project sites within agricultural areas and proximal to National Parks on both the Yorke Peninsula and Kangaroo Island, requiring significant landholder and community engagement. The worldwide, Federal and South Australian Government and industry efforts to secure Hydrogen as an alternative energy source provides confidence that any technical and social concerns may be overcome. Table 3 – Prospective Resource Statement for Natural Hydrogen Gold Hydrogen’s Ramsay Project: Prospective Resources* of Hydrogen in ‘000 Tonnes – 30 Sept 2021 PEL Prospects PEL 687 All Prospects and Leads SPE PRMS Sub-class 1U Low Estimate 2U Best Estimate Mean 3U High Estimate Pg Pd Pc 207 1313 4187 8820 22% 48% 10% Yorke Peninsula PEL 687 Ramsay FB Prospect 124 931 2712 6989 22% 50% 11% PEL 687 Ramsay Lst Prospect 10 70 191 492 26% 50% 13% PEL 687 Maitland Lead 7 26 40 92 17% 35% 6% PEL 687 Navigator Lead 34 152 280 678 19% 40% 8% PEL 687 Kanmantoo Prospect 32 134 237 569 25% 40% 10% Kangaroo Island *This estimate of Natural Hydrogen Prospective Resources must be read in conjunction with the notes in the Company’s ASX release of 13 January 2023. The Company confirms that it is not aware of any further new information or data that materially affects the estimates of Natural Hydrogen Prospective Resources (as originally estimated on 30 September 2021), and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. It should be noted that the estimated quantities of Natural Hydrogen that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration, appraisal and evaluation is required to determine the existence of a significant quantity of potentially recoverable Natural Hydrogen. Gold Hydrogen Limited – Quarterly Activities Report p. 8 ` CORPORATE ACTIVITIES During the Quarter the Company received a $1.9m tax refund related to its R&D expenditure for the period to 30 June 2023. This was based on the pioneering and experimental nature of the Company’s work on the Ramsay Project, which is set to continue. FINANCIAL REPORTING Exploration expenditures that were capitalised relate to the Company’s flagship Ramsay Project (PEL 687) over the Yorke Peninsula / Kangaroo Island. Exploration Expenditures – Item 1.2(a) of Quarterly Cashflow Report Nature of Expenditure Airborne and seismic surveys and sub-surface studies Environmental and permitting costs Native Title, land access and licence fees Drilling and related activities Less R&D refund received from Australian Taxation Office Total* Amount $135,841 $26,480 $75,922 $2,406,057 $(1,912,083) $732,216 * The total gain in exploration & evaluation assets has been offset by the R&D refund amount received by the Company in accordance with Australian Accounting Standards. Figures may be rounded to the nearest dollar. Payments to Directors – Item 6.1 of Quarterly Cashflow Report Payments consisted of fees paid for Executive Director and Non-Executive Director services, pursuant to written agreements and employment contracts, totalling $210,190 for the March Quarter (although some payments made during the Quarter related to prior periods). Reporting Against IPO Use of Funds The Company remains on track with regard to its forecast spending and activities as outlined in its 29 November 2022 Replacement Prospectus. The amount of funds expended on exploration expenditure as originally forecast will be partially offset or supplemented via access to R&D offset funding. Use of Funds Figures Reported Net of GST Prospectus 2-year period FY23 Total Sep-23 Quarter Dec-23 Quarter Mar-24 Quarter Cumulative Total Native Title, Land Access and Licence Fees $ 1,490,223 $ 78,702 $ 90,901 $ 85,589 $ 75,922 $ 331,114 Environmental and Permitting Costs $ 690,250 $ 192,477 $ 364,766 $ 46,570 $ 26,480 $ 630,293 Airborne and Seismic Surveys and Sub-surface Studies $ 2,747,120 $ 1,678,066 $ 69,695 $ 462,440 $ 135,841 $ 2,346,041 Drilling and Related Activities $ 10,303,493 $ 538,164 $ 128,837 $ 6,301,124 $ 2,406,057 $ 9,374,183 Less R&D Refund Received from Australian Taxation Office $ $ - $ - $ $ (1,912,083) $ (1,912,083) Total Exploration, Field Development and Drilling Related $ 15,231,086 $ 2,487,409 $ 654,199 $ 6,895,724 $ 732,216 (a) $ 10,769,547 Corporate and Administrative Costs $ 3,523,500 $ 1,384,533 $ 500,719 $ 1,364,379 $ (328,281) (b) $ 2,921,350 IPO Related Costs $ 1,351,129 $ 1,052,072 $ - $ $ - $ 1,052,072 Total Use of Funds $ 20,105,715 $ 4,924,013 $ 1,154,918 $ 403,935 - - - $ 8,260,103 $ 14,742,970 (a) The total gain in exploration & evaluation assets has been offset by the R&D refund amount received by the Company in accordance with Australian Accounting Standards. (b) Approximately $490,000 in corporate and administrative costs was offset by $297,500 in interest received on term deposits, and approximately $521,000 in net GST on purchases made by the Company. Gold Hydrogen Limited – Quarterly Activities Report p. 9 ` This report has been authorised for release by the Board. For Company Enquiries Contact: Neil McDonald – Managing Director nmcdonald@goldhydrogen.com.au +61 7 3521 8038 Karl Schlobohm – Company Secretary / CFO kschlobohm@goldhydrogen.com.au +61 7 3521 8038 For Media Enquiries Contact: Matthew Doman – Crestview Strategy matthew.doman@crestviewstrategy.com +61 421 888 858 Website: LinkedIn: Twitter: Contact: www.goldhydrogen.com.au Gold Hydrogen Ltd @GHY_ASX info@goldhydrogen.com.au QPRRE Statements The Prospective Resource Statements for Natural Hydrogen and Helium have been included in this report under the approval of Mr Billy Hadi Subrata, Chief Technical Officer for Gold Hydrogen, who is a Qualified Petroleum Reserves and Resources Evaluator. Mr Hadi Subrata confirms that, as at the date of this report, there are no changes to information or any additional information, since the effective date of each prospective resource report (refer below), that would materially change the estimates of prospective resources quoted. QPRRE Statement – Natural Hydrogen The Prospective Resource Statement for Natural Hydrogen in this report is based on, and fairly represents, information and supporting documentation prepared by independent consultants “Teof Rodrigues & Associates” with an effective date of 30 September 2021, and which forms part of the Company’s Replacement Prospectus dated 29 November 2022. The Prospective Resource Statement, together with all relevant notes, also appears in the Company’s ASX release of 13 January 2023. QPRRE Statement – Helium The Prospective Resource Statement for Helium in this report is based on, and fairly represents, information and supporting documentation prepared by independent consultants “Teof Rodrigues & Associates” with an effective date of 21 February 2024, and which was announced by the Company on that date together with the accompanying assumptions and notes. About Gold Hydrogen Gold Hydrogen is focused on the discovery and development of world class Natural Hydrogen and Helium gases in a potentially extensive and world class Natural Hydrogen and Helium province in South Australia. The domestic and global demand for Hydrogen, combined with new Natural Hydrogen exploration techniques and experienced personnel, provides Gold Hydrogen with an extraordinary opportunity to define and ultimately develop a new Natural Hydrogen gas province. Further to this, Helium is extremely rare and expensive, and there is limited world wide production and almost nil production of Helium in Australia. Gold Hydrogen is well placed to potentially prosper from this opportunity. Gold Hydrogen Limited – Quarterly Activities Report p. 10 ` The combined Natural Hydrogen permit area of the Gold Hydrogen group is approximately 75,332km2. Gold Hydrogen holds one granted petroleum exploration license (PEL 687) and its two 100% owned subsidiary companies (White Hydrogen Australia and Byrock Resources) hold an additional seven (7) applications for Natural Hydrogen exploration within South Australia. Gold Hydrogen also has four (4) gas storage licence applications (GSLAs) within its granted PEL 687 covering an additional 8,107km2. Forward Looking Statement / Future Performance This announcement may contain certain forward-looking statements and opinion Forward-looking statements, including projections, forecasts and estimates, are provided as a general guide only and should not be relied on as an indication or guarantee of future performance and involve known and unknown risks, uncertainties, assumptions, contingencies and other important factors, many of which are outside the control of the Company and which are subject to change without notice and could cause the actual results, performance or achievements of the Company to be materially different from the future results, performance or achievements expressed or implied by such statements. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward-looking statements or other forecast. Nothing contained in this announcement, nor any information made available to you is, or and shall be relied upon as, a promise, representation, warranty or guarantee as to the past, present or the future performance of Gold Hydrogen Limited. Gold Hydrogen Limited – Quarterly Activities Report p. 11 Appendix A ` Overview of the Gold Hydrogen Group’s PEL, PELAs and GSELAs The only granted tenement at 31 December 2023 was the 100% owned Ramsay Project tenement of PEL 687. Gold Hydrogen Limited – Quarterly Activities Report p. 12 Rule 5.5 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Gold Hydrogen Limited ABN Quarter ended (“current quarter”) 74 647 468 899 31 March 2024 Consolidated statement of cash flows Current quarter $A’000 1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for Year to date (9 months) $A’000 - - (2,644) (10,194) (b) development - - (c) production - - (d) staff costs (412) (1,009) (e) administration and corporate costs* (79) (698) - - 298 352 (a) exploration & evaluation 1.3 Dividends received (see note 3) 1.4 Interest received 1.5 Interest and other costs of finance paid - - 1.6 Income taxes paid - - 1.7 Government grants and tax incentives 1,912 1,912 1.8 Other (GST) 521 (181) 1.9 Net cash from / (used in) operating activities (404) (9,818) * Administration and corporate costs includes an amount of approximately $7,605 in share issue costs related to an issue of equity from the previous quarter. 2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities - - (b) tenements - - (c) property, plant and equipment - (4) (d) exploration & evaluation - - (e) investments - - ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 1 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Consolidated statement of cash flows (f) Year to date (9 months) $A’000 - - (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 - (4) 3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) - 14,034 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 - 14,034 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 20,889 16,272 4.2 Net cash from / (used in) operating activities (item 1.9 above) (404) (9,818) 4.3 Net cash from / (used in) investing activities (item 2.6 above) - (4) 4.4 Net cash from / (used in) financing activities (item 3.10 above) - 14,034 2.2 other non-current assets Current quarter $A’000 Proceeds from the disposal of: ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 2 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Consolidated statement of cash flows 4.5 Effect of movement in exchange rates on cash held 4.6 Cash and cash equivalents at end of period* Current quarter $A’000 Year to date (9 months) $A’000 - - 20,485 20,485 * Figures may differ slightly as numbers are rounded to the nearest thousand dollars each quarter. 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 5.1 Bank balances 5.2 Current quarter $A’000 Previous quarter $A’000 5,055 13,459 Call deposits - - 5.3 Bank overdrafts - - 5.4 Other (term deposit(s)) 15,000 7,000 5.4 Other (SA DEM security) 400 400 5.4 Other (bank guarantee) 30 30 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 20,485 20,889 * Figures may differ slightly as numbers are rounded to the nearest thousand dollars each quarter. 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 1 210 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. ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 3 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report 7. F