Sunstone Metals Annual Report 22

Note 30 June 2022 $ 30 June 2021 $ Current assets Cash and cash equivalents 6 23,997,222 12,171,240 Trade and other receivables 7 128,136 38,858 Financial assets at fair value through profit or loss 8 1,705,298 – Total current assets 25,830,656 12,210,098 Non-current assets Financial assets at fair value through profit or loss 8 – 11,783,019 Plant and equipment 9 678,391 189,852 Exploration and evaluation 10 42,304,313 19,950,190 Total non-current assets 42,982,704 31,923,061 Total assets 68,813,360 44,133,159 Current liabilities Trade and other payables 11 1,534,173 195,020 Lease liabilities 39,903 35,900 Provisions 12 554,891 284,288 Total current liabilities 2,128,967 515,208 Non-current liabilities Lease liabilities 32,579 72,483 Provisions 12 282,500 208,793 Total non-current liabilities 315,079 281,276 Total liabilities 2,444,046 796,484 Net assets 66,369,314 43,336,675 Equity Contributed equity 13 109,827,200 88,193,617 Reserves 14 6,590,894 2,321,815 Accumulated losses (50,919,564)(48,053,295) Equity attributable to owners of Sunstone Metals Limited 65,498,530 42,462,137 Non-controlling interests 15 870,784 874,538 Total equity 66,369,314 43,336,675 The Consolidated Statement of Financial Position should be read in conjunction with the accompanying notes. Consolidated Statement of Financial Position as at 30 June 2022 33 Sunstone Metals Limited Annual Report 2022 SUNSTONE METALS LIMITED ANNUAL REPORT 2022

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