Rimfire Pacific Mining NL : Quarterly Cashflow Report Dec 2016

Appendix 5B

Rule 5.5

Mining exploration entity and oil and gas exploration entity quarterly report Name of entity

Rimfire Pacific Mining NL

ABN Quarter ended ("current quarter")

59 006 911 744

31 December 2016

Consolidated statement of cash flows		Current quarter $A'000	Year to date (6 months) $A'000
1.	Cash flows from operating activities	(297)	(620)
1.1	Receipts from customers
1.2	Payments for
(a) exploration & evaluation
(b) development	-	-
(c) production	-	-
(d) staff costs	(102)	(202)
(e) administration and corporate costs	(84)	(198)
1.3	Dividends received (see note 3)	-	-
1.4	Interest received	7	12
1.5	Interest and other costs of finance paid	-	-
1.6	Income taxes paid	-	-
1.7	Research and development refunds	-	-
1.8	Other (provide details if material)	-	-
GST received	10	21
1.9	Net cash from / (used in) operating activities	(466)	(987)

1. Cash flows from investing activities

2. Payments to acquire:

3. property, plant and equipment

   (2) (4)

4. tenements (see item 10) - -

5. investments - -

   Consolidated statement of cash flows Currentquarter $A'000 Year to date (6 months) $A'000

6. other non-current assets - -

7. Proceeds from the disposal of:

8. property, plant and equipment - -

9. tenements (see item 10) - -

10. investments - -

11. other non-current assets - -

12. Cash flows from loans to other entities - -

13. Dividends received (see note 3) - -

14. Other (provide details if material) - -

2.6 Net cash from / (used in) investing activities (2) (4)

Cash flows from financing activities Proceeds from issues of shares Proceeds from issue of convertible notes Proceeds from exercise of share options Transaction costs related to issues of shares, convertible notes or options Proceeds from borrowings Repayment of borrowings Transaction costs related to loans and borrowings Dividends paid Other (provide details if material) 3.10 Net cash from / (used in) financing activities	564 - - (63) - - - - -	2,928 - - (72) - - - - -
	501	2,856

4. Net increase / (decrease) in cash and cash equivalents for the period	33	1,865
Cash and cash equivalents at beginning of period Net cash from / (used in) operating activities (item 1.9 above)	2,603 (466)	771
		(987)

Consolidated statement of cash flows		Current quarter $A'000	Year to date (6 months) $A'000
4.3	Net cash from / (used in) investing	(2)	(4)
activities (item 2.6 above)
4.4	Net cash from / (used in) financing	501	2,856
activities (item 3.10 above)
4.5	Effect of movement in exchange rates on	-	-
cash held
4.6	Cash and cash equivalents at end of	2,636	2,636
period

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	282	2,603
5.2	Call deposits	2,354	-
5.3	Bank overdrafts	-	-
5.4	Other (provide details)	-	-
5.5	Cash and cash equivalents at end of	2,636	2,603
quarter (should equal item 4.6 above)

Current quarter $A'000

102

-

1. Payments to directors of the entity and their associates

2. Aggregate amount of payments to these parties included in item 1.2

3. Aggregate amount of cash flow from loans to these parties included in item 2.3

4. Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2

   $59,633 was paid to John Kaminsky as remuneration for the months of October to December 2016. A total of $26,416 was paid to non-executive directors as fees for the months of October to December 2016. $8,078 was paid to a related party for administrative work for the months of October to December 2016. A total of $7,517 of superannuation was paid to related parties for the quarter ending December 2016.

   Current quarter $A'000

   -

   -

5. Payments to related entities of the entity and their associates

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

7. Aggregate amount of cash flow from loans to these parties included in item 2.3

8. Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2

   Total facility amount at quarter end $A'000	Amount drawn at quarter end $A'000
   -	-
   -	-
   -	-

9. Financing facilities available

   Add notes as necessary for an understanding of the position

10. Loan facilities

11. Credit standby arrangements

12. Other (please specify)

13. Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those facilities as well.

Note that Cash inflows are expected to commence in the 1st quarter 2017, as a result of the effective commencement of the earn-in agreement, service agreement with New Gold, and expenditure reimbursement for certain activities.

9.	Estimated cash outflows for next quarter	$A'000
9.1	Exploration and evaluation	300
9.2	Development	-
9.3	Production	-
9.4	Staff costs	140
9.5	Administration and corporate costs	60
9.6	Other (provide details if material)	-
9.7	Total estimated cash outflows	500