Note 2024 $ 2023 $ Cash flows from Operating Activities Payments to suppliers and employees (1,531,998) (1,982,480) Interest paid (8,194) (9,064) Interest received 125,798 238,186 Net cash outflow from operating activities 16 (1,414,394) (1,753,358) Cash flows from Investing Activities Payments for property, plant and equipment (728,836) (44,844) Exploration and evaluation expenditure (13,725,723) (25,056,126) Proceeds from sale of shares 8 – 1,913,889 Net cash outflow from investing activities (14,454,559) (23,187,081) Cash flows from Financing Activities Proceeds from issue of securities 13(a) 8,737,776 12,000,000 Cost of share issues 13(a) (456,099) (653,212) Principal paid on lease liabilities (42,848) (39,901) Net cash inflow from financing activities 8,238,829 11,306,887 Net increase/(decrease) in cash (7,630,124) (13,633,552) Effect of exchange rate fluctuations on cash held (7,378) (57,124) Cash and cash equivalents at the beginning of the financial year 10,306,546 23,997,222 Cash and cash equivalents at the end of the financial year 6 2,669,044 10,306,546 The 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 38 Sunstone Metals Limited Annual Report 2024
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