St George Mining Ltd Annual Report 2024

Australian Dollar ($) Note 30 June 2024 $ 30 June 2023 $ Cash flows from operating activities Expenditure on mining interests (5,081,518) (5,992,893) Payments to suppliers and employees (3,022,506) (2,969,292) Interest received 105,242 74,022 Other 82,901 134,122 Net cash outflow from operating activities 17(b) (7,915,881) (8,754,041) Cash flows from investing activities Payment of bank guarantee – – Purchase of plant and equipment 12 (5,000) (7,152) Acquisition of tenements (485,606) (560,480) Net cash outflow from investing activities (490,606) (567,632) Cash flow from financing activities Issue of shares net of capital raising costs 4,745,063 8,664,374 Received from non-controlling interest in subsidiary 14(c) 3,000,000 – Lease payments including interest (155,659) (108,209) Net cash inflows from financing activities 7,589,404 8,556,165 Net (decrease) in cash and cash equivalents (817,083) (765,508) Cash and cash equivalents at the beginning of the financial year 3,337,581 4,103,089 Cash and cash equivalents at the end of the financial year 17(a) 2,520,498 3,337,581 The above consolidated statement of cash flows should be read in conjunction with the accompanying notes Consolidated Statement of Cash Flows for the year ended 30 June 2024 27 St George Mining Limited Annual Report 2024

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