ASX Share Price Enquiry Into New Talisman Gold Mines Ltd

11 January 2021

Ms Belinda Giles
Advisor Listing Compliance
ASX Compliance Ltd
152-158 St Georges Terrace
Perth WA 6000
Australia

Dear Belinda
New Talisman Gold Mines Limited ASX Code NTL NZX Code NTL
We acknowledge receipt of your letter dated January 11, 2021.
We confirm NTL is not aware of any information concerning the increase in our share price that has
not been announced to the market which, if known by some in the market, could explain the recent
trading in its securities.
We confirm that NTL is in compliance with the ASX Listing Rules and, in particular, ASX Listing Rule
3.1.
We have no other explanation for the recent trading in NTL securities.
Our responses to the questions you have posed have been authorised and approved in accordance
with NTL’s published continuous disclosure policy and an officer of NTL with delegated authority
from the board to respond to ASX on disclosure matters.



Yours sincerely



S Jane Bell
Company Secretary
New Talisman Gold Mining Ltd
jane@newtalisman.co.nz

ASX Limited [[Listings]] ASX Customer Service Centre 131 279 | asx.com.au

11 January 2021
Reference: 29449
Ms Jane Bell
Company Secretary
New Talisman Gold Mines Limited
By email: jane@newtalisman.co.nz
Dear Ms Bell
New Talisman Gold Mines Limited (‘ NTL’): Price - Query
ASX refers to the following:
A. the change in the price of NTL’s securities from a low of $0.005 on Friday 8 January 2021 to an intraday high
of $0.0065 today; and
B. the significant increase in the volume of NTL’s securities traded today.
Request for information
In light of this, ASX asks NTL to respond separately to each of the following questions and requests for
information:
1. Is NTL aware of any information concerning it that has not been announced to the market which, if known by
some in the market, could explain the recent trading in its securities?
2. If the answer to question 1 is “yes”.
(a) Is NTL relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1? Please
note that the recent trading in NTL’s securities would suggest to ASX that such information may
have ceased to be confidential and therefore NTL may no longer be able to rely on Listing Rule
3.1A. Accordingly, if the answer to this question is “yes”, you need to contact us immediately to
discuss the situation.
(b) Can an announcement be made immediately? Please note, if the answer to this question is “no”,
you need to contact us immediately to discuss requesting a trading halt (see below).
(c) If an announcement cannot be made immediately, why not and when is it expected that an
announcement will be made?
3. If the answer to question 1 is “no”, is there any other explanation that NTL may have for the recent trading in
its securities?
4. Please confirm that NTL is complying with the Listing Rules and, in particular, Listing Rule 3.1.
5. Please confirm that NTL’s responses to the questions above have been authorised and approved under its
published continuous disclosure policy or otherwise by its board or an officer of NTL with delegated authority
from the board to respond to ASX on disclosure matters.
When and where to send your response
This request is made under Listing Rule 18.7. Your response is required as soon as reasonably possible and, in
any event, by no later than 10:30 AM AWST Monday, 11 January 2021. You should note that if the information
requested by this letter is information required to be given to ASX under Listing Rule 3.1 and it does not fall

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ASX Customer Service Centre 131 279 | asx.com.au

within the exceptions mentioned in Listing Rule 3.1A, NTL’s obligation is to disclose the information
‘immediately’. This may require the information to be disclosed before the deadline set out in the previous
paragraph and may require NTL to request a trading halt immediately.
Your response should be sent to me by e-mail at ListingsCompliancePerth@asx.com.au. It should not be sent
directly to the ASX Market Announcements Office. This is to allow me to review your response to confirm that it
is in a form appropriate for release to the market, before it is published on the ASX Market Announcements
Platform.
Trading halt
If you are unable to respond to this letter by the time specified above, or if the answer to question 1 is “yes” and
an announcement cannot be made immediately, you should discuss with us whether it is appropriate to request
a trading halt in NTL’s securities under Listing Rule 17.1. If you wish a trading halt, you must tell us:
• the reasons for the trading halt;
• how long you want the trading halt to last;
• the event you expect to happen that will end the trading halt;
• that you are not aware of any reason why the trading halt should not be granted; and
• any other information necessary to inform the market about the trading halt, or that we ask for.
We require the request for a trading halt to be in writing. The trading halt cannot extend past the commencement
of normal trading on the second day after the day on which it is granted. You can find further information about
trading halts in Guidance Note 16 Trading Halts & Voluntary Suspensions.
Suspension
If you are unable to respond to this letter by the time specified above, ASX will likely suspend trading in NTL’s
securities under Listing Rule 17.3.
Listing Rules 3.1 and 3.1A
In responding to this letter, you should have regard to NTL’s obligations under Listing Rules 3.1 and 3.1A and also
to Guidance Note 8 Continuous Disclosure: Listing Rules 3.1 – 3.1B. It should be noted that NTL’s obligation to
disclose information under Listing Rule 3.1 is not confined to, nor is it necessarily satisfied by, answering the
questions set out in this letter.
Release of correspondence between ASX and entity
We reserve the right to release a copy of this letter, your reply and any other related correspondence between
us to the market under Listing Rule 18.7A.
Questions
If you have any questions in relation to the above, please do not hesitate to contact me.
Yours faithfully

Belinda Giles
Adviser, Listings Compliance (Perth)