Impact Minerals Limited Annual Report 2020

Impact Minerals Ltd Annual Report 2020 47 for the year ended 30 June 2020 Issued capital $ Option reserve $ Foreign currency translation reserve $ Financial asset reserve $ Transactions with non- controlling interest $ Accumulated losses $ Total equity $ At 1 July 2018 44,900,024 1,418,620 (504,820) – (1,161,069) (25,130,648) 19,522,107 Total comprehensive loss for the year – – – – – (7,293,169) (7,293,169) Other comprehensive income – – 73 (506,456) – – (506,383) Total comprehensive loss for the year (net of tax) – – 73 (506,456) – (7,293,169) (7,799,552) Transactions with owners in their capacity as owners Fair value of options issued – 137,279 – – – – 137,279 Fair value of options expired – (978,322) – – – 978,322 – At 30 June 2019 44,900,024 577,577 (504,747) (506,456) (1,161,069) (31,445,495) 11,859,834 At 1 July 2019 44,900,024 577,577 (504,747) (506,456) (1,161,069) (31,445,495) 11,859,834 Total comprehensive loss for the year – – – – – (1,685,165) (1,685,165) Other comprehensive income – – – – – – – Total comprehensive loss for the year (net of tax) – – – – – (1,685,165) (1,685,165) Transactions with owners in their capacity as owners Transfer to retained earnings – – – 506,456 – (506,456) – Derecognition of foreign exchange reserve – – 504,747 – – – 504,747 Shares issued 2,135,505 – – – – – 2,135,505 Share issue costs (103,686) – – – – – (103,686) Fair value of options issued – 665,841 – – – – 665,841 Fair value of options expired – (238,150) – – – 238,150 – At 30 June 2020 46,931,843 1,005,268 – – (1,161,069) (33,398,966) 13,377,076 The Consolidated Statement of Changes in Equity should be read in conjunction with the accompanying notes. Consolidated Statement of Changes in Equity