Maximus Resources Limited announced that they will report first half, 2013 results on Mar 06, 2013

Maximus Resources Limited announced audited consolidated earnings results for the year ended June 30, 2012. For the period, the company reported loss before income tax of AUD 1,571,915 compared to AUD 4,684,289 a year ago. Loss from continued operations was AUD 1,410,948 compared to AUD 4,718,008 a year ago. Loss attributable to the company was AUD 1,801,502 compared to profit of AUD 1,869,020 a year ago. Basic and diluted loss per share from continuing operations attributable to the ordinary equity holders of the company was 0.27 cents compared to 1.63 cents a year ago. Basic and diluted loss per share from continuing and discontinued operations attributable to the ordinary equity holders of the company was 0.34 cents compared to 2.48 cents a year ago. Net cash outflow from operating activities was AUD 1,088,534 compared to AUD 1,164,320 a year ago. Payments for plant and equipment were AUD 1,290 compared to AUD 13,963 a year ago. Payments for exploration and evaluation were AUD 480,217 compared to AUD 2,075,613 a year ago. Adjusted LBITDA was AUD 565,301 compared to AUD 9,009,301 a year ago.

Maximus Resources Limited filed its Annual on Sep 25, 2012 for the period ending Jun 30, 2012. In this report its auditor, Grant Thornton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.