Siren Gold Limited Annual Report 2020

For the year ended 31 December 2020 Australia $ New Zealand $ Total $ As at 31 December 2019 Segment Assets Reconciliation of segment assets to group assets: 485,976 309,673 795,649 – Intra-segment eliminations (310,267) Total Assets 485,382 Segment Liabilities 121,553 348,949 470,502 Reconciliation of segment liabilities to group liabilities: – Intra-segment eliminations (310,267) Total Liabilities 160,235 22 Related Party Transactions Transactions between related parties are on normal commercial terms and conditions no more favourable than those available to other parties, unless otherwise stated. 2020 $ 2019 $ MCA Nominees Pty Ltd MCA Nominees, a business controlled by Mr Brian Rodan, provides administration and marketing services. Amounts include expense reimbursements: Fees incurred during the year: 100,138 – Amounts outstanding at year end: 40,000 – Redland Plains Pty Ltd Redland Plains, a business controlled by Mr Brian Rodan, provides underwriting and consulting services. Amounts include expense reimbursements: Fees incurred during the year: – 9,919 Amounts outstanding at year end: – – ARC Limited Angus Resource Consulting (ARC) ARC, a business controlled by Mr Paul Angus, provides resource consulting services. Amounts include expense reimbursements: Fees incurred during the year: 212,755 49,925 Amounts outstanding at year end: 25,270 27,563 AMN Corporate AMN Corporate, a business controlled by Ms Anna Nahajski-Staples, provided public and investor relations services and corporate administrative support. Amounts include expense reimbursements. Fees incurred during the year: – 15,334 Amounts outstanding at year end: – 603 Paloma Investments Pty Ltd Paloma Investments, a business controlled by Ms Anna Nahajski-Staples, provided lead corporate advisory services and capital raising support. Amounts include expense reimbursements. Fees incurred during the year: – 27,710 Amounts outstanding at year end: – 3,330 Notes to the Consolidated Financial Statements 21 Operating segments (continued) for the year ended 31 December 2020 Annual Report 2020 51