Siren Gold Limited Annual Report 2020

Note 2020 $ 2019 $ Current Assets Cash and cash equivalents 6 8,801,581 157,853 Trade and other receivables 7 143,920 479 Other Assets 113,646 – Total Current Assets 9,059,147 158,332 Non-Current Assets Exploration and evaluation expenditure 8 1,951,330 327,050 Property, plant and equipment 9 163,807 – Other assets 325 – Total Non-Current Assets 2,115,462 327,050 Total Assets 11,174,609 485,382 Current Liabilities Trade and other payables 10 580,388 158,298 Borrowings 11 15,913 1,937 Provisions 7,536 – Total Current Liabilities 603,837 160,235 Non-Current Liabilities Borrowings 11 34,060 – Total Non-Current Liabilities 34,060 – Total Liabilities 637,897 160,235 Net Assets 10,536,712 325,147 Equity Issued capital 12 12,440,958 1,444,701 Reserves 13 842,420 204,861 Accumulated losses (2,746,666) (1,324,415) Total Equity 10,536,712 325,147 The statement of financial position is to be read in conjunction with the accompanying notes. Consolidated Statement of Financial Position as at 31 December 2020 Siren Gold Limited 30