New Talisman Gold Mines Ltd logo

Success SPP Raises NZ$1.73m

Capital Raise24 July 2019NTLIndustrials

1



New Talisman Gold Mines

Limited


Responsible,

Environmentally

Sustainable Mining


ASX/NZX Code NTL

______________________


Commodity Exposure

GOLD and SILVER


Board and Management


Charbel Nader Chairman/Independent Director

Matthew Hill Chief Executive/ Managing Director

Murray Stevens Non-Executive Director

Tony Haworth Independent Director

Jane Bell Company Secretary

Wayne Chowles Chief Operating Officer



Capital Structure

Ordinary Shares at 24/07/2019

2,416m


Share Price

Share Price at 24/07/2019 (NZX) 0.8cps

Share Price at 24/07/2019 (ASX) 0.8cps




New Talisman Gold Mines Limited

ACN

Address 541 Parnell Rd, Parnell,

Auckland

Phone +64 27 5557737

Website www.newtalisman.co.nz

Email info@newtalisman.co.nz


Market Announcement

For Immediate Release


SPP SUCCESSFULLY RAISES

1.73 MILLION NZD


New Talisman is pleased to announce its completion of a successful SPP raising a

total of NZ$1.73m through the issue of 252,204,137 shares.


The funds raised will be applied to the Talisman mine as it progresses the bulk

sampling project which is estimated to produce approx. 8000 ounces AUeq over

the 24 month project plan.


For further information please contact Jane Bell Company Secretary on

jane@newtalisman.co.nz


Matthew Hill stated “This is a great result and demonstrates the clear support from

shareholders and the wider community as we progress towards production from

the Talisman mine. With the consent for the pilot plant recently granted, the

metallurgical test work is underway which will determine the optimal recovery

rates and plant design, while at the same time producing gold concentrate and

bullion from small high grade batches of ore.”






SPP SUCESSFULLY RAISES NZ$1.73m

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.