b'Centaurus Metals Limited and its controlled entities Financial Report 31 December 2024Consolidated Statement of Cash Flows For the year ended 31 December 2024 Notes2024 $2023 $ Cash flows from operating activities Explora]on and evalua]on expenditure(16,375,319)(37,662,227) Payments to suppliers and employee (inclusive of GST)(4,277,311)(4,762,615) R&D Tax Refund3,520,447- Other receipts23,889517,874 Interest received1,432,3231,292,865 Net cash used in operating activities14(15,675,971)(40,614,103)Cash flows from investing activities Payments for property plant & equipment(266,514)(2,233,281) Payment for explora]on acquisi]ons(108,245)(550,877) Payment of security deposits(62,249)- Proceeds from the sale of property plant and equipment3,241- Proceeds from the sale of mineral assets-14,020 Net cash used in investing activities (433,767)(2,770,138)Cash flows from financing activities Proceeds from issue of equity securi]es-46,934,212 Proceeds from exercise of op]ons426,750569,800 Capital raising costs(180)(2,979,687) Payment of lease liability(326,389)(572,903) Net cash from financing activities 100,18143,951,422Net increase/ (decrease) in cash and cash equivalents(16,009,557)567,181 Cash and cash equivalents at the beginning of the period34,673,85234,047,722 Eect of exchange rate uctua]ons on cash held(620,907)58,949 Cash and cash equivalents at 31 December1318,043,38834,673,852 The above consolidated Statement of Cash Flows should be read in conjunction with the accompanying Notes. Page 30 of 60CENTAURUS METALS LIMITED ANNUAL REPORT 55'