Preliminary Half Year Report to 30 Sept 2021

Template
Results announcement
(for Equity Security issuer/Equity and Debt Security issuer)
Updated as at 17 October 2019


Results for announcement to the market
Name of issuer New Talisman Gold Mines Limited
Reporting Period 6 months to 30 September 2021
Previous Reporting Period 6 months to 30 September 2020
Currency NZD
Amount (000s) Percentage change
Revenue from continuing
operations
$- 0%
Total Revenue $- 0%
Net profit/(loss) from
continuing operations
$(525) 31%
Total net profit/(loss) $(525) 31%
Interim/Final Dividend
Amount per Quoted Equity
Security
There are no proposed dividends.
Imputed amount per Quoted
Equity Security
Not Applicable
Record Date Not Applicable
Dividend Payment Date Not Applicable
Current period Prior comparable period
Net tangible assets per
Quoted Equity Security
$0.0048 $0.0056
A brief explanation of any of
the figures above necessary
to enable the figures to be
understood
Not Applicable
Authority for this announcement
Name of person

authorised
to make this announcement
Jane Bell
Contact person for this
announcement
Jane Bell
Contact phone number 021 764 224
Contact email address jane@newtalisman.co.nz
Date of release through MAP

29/11/2021

Audited financial statements accompany this announcement.

---

29 November 2021
FOR IMMEDIATE RELEASE TO THE MARKET
HALF YEAR PRELIMINARY RESULTS TO 30 SEPTEMBER 2021 (NZX, ASX: NTL)

Consolidated Statement of Comprehensive Income 6 months to
30 Sept 2021
6 months to
30 Sept 2020

Revenue 662 2,186
Total revenue 662 2,186
Audit fees 15,891 16,914
Capital Loss on Disposal of Shares - -
Depreciation 27,346 15,951
Director Fees 44,252 49,333
Director and Related Party Remuneration 21,060 18,720
Foreign Exchange (Gain)/Loss 2,399 (12,300)
Impairment of Prospecting Costs - -
(Gain) / Loss on revaluation of shares (8,706) (4,545)
Rent and leasing 2,395 10,232
Other operating expenses 421,087 309,082
Total operating and administrative expenses 534,430 407,932
Loss from operations 525,062 401,201
Net deficit attributable to members 525,062 401,201
Earnings per share
Basic earnings/(loss) per share (0.017) cents (0.014) cents
Diluted earnings/(Loss) per share (0.017) cents (0.014) cents

Consolidated Statement of Financial Position 6 months to
30 Sept 2021
6 months to
30 Sept 2020

Current Assets
Cash at bank 955,853 1,869,706
Receivables and prepayments 105,408 144,283
Inventories 314,275 -
Non-current assets
Property, Plant & Equipment 178,632 207,122
Intangible assets (prospecting expenditure) 119,329 11,637
Assets under construction 13,625,922 13,428,865
Investments 542,429 10,127
Right of use assets 52,438 -
Total Assets 15,894,284 15,671,740
Current Liabilities
Payables 150,347 100,814
Other Current Liabilities 33,794 32,215
Short term lease liabilities 24,751 -
Non-current liabilities
Long term lease liabilities 28,775 -
Total liabilities 237,667 133,029
Equity
Capital 39,264,145 38,216,371
Reserves - -
Retained profit/(loss) (23,607,528) (22,677,660)
Total Equity 15,656,617 15,538,711
Total Equity and Liabilities 15,894,284 15,671,740

Consolidated Statement of Cash Flows


6 months to 30
Sept 2021


6 months to
30 Sept 2020

Cash flows relating to operating activities
Cash inflows 232 882
Cash outflows (502,637) (358,579)
Net operating cash flows (502,135) (357,697)
Cash flows relating to investing activities
Cash inflows - -
Cash outflows (698,585) (280,615)
Net investing cash flows (698,585) (280,615)
Cash flows relating to financing activities
Cash inflows 1,047,774 -
Cash outflows (10,341) -
Net financing cash flows 1,037,433 -

Cash at beginning of period 1,110,695 2,495,718
Exchange rate gain/(loss) 8,445 12,300
Net increase/(decrease) in cash held (163,287) (638,312)
Cash at end of period 955,853 1,869,706

Consolidated Statement of Changes in Equity 6 months to 30
Sept 2021
6 months to
30 Sept 2020


Equity at start of period 15,448,180 15,939,912
Net profit/(loss) (525,062) (401,201)
Prior Year (314,275) -
Shares issued 1,047,774 -
Equity at end of period 15,656,617 15,538,711



Shares on Issue
At 30 September 2021 the following shares are on issue

Listed Shares 3,127,225,363 2,792,225,363
Listed Options 17,036,384 17,036,384
Unlisted Options - -



Events Subsequent to Balance Date
No events occurred subsequent to balance date.

Dividend
No dividends or distributions were paid or are planned.
Net Tangible Assets per Security 6 months
to 30 Sept
2021
6 months to
30 Sept
2020


Net tangible assets 15,024,921 15,527,074
Net tangible assets per security 0.48 cents 0.56 cents

Audit
The half yearly financial statements are unaudited. The auditors have completed a review
engagement and will be issuing an unqualified review report.

International Financial Reporting Standards
These interim financial statements are condensed in accordance with NZ-IAS-34 Interim Financial
Reporting. The accounting policies and methods of computation adopted in the preparation of
these financial statements are the same as those adopted in the preparation of the annual financial
statements for the year ended 31 March 2021.

Accounting Policies
The accounting policies and methods of computation adopted in the preparation of these financial
statements are the same as those adopted in the preparation of the annual financial statements for
the year ended 31 March 2021. Those policies are set out in the annual report for the year ended 31
March 2021. There have been no changes to those accounting policies.
__________________________________________________________________________________
About New Talisman Gold Mines Ltd
New Talisman Gold is a dual listed (NZSX & ASX: NTL) with over 3000 shareholders who are mainly from Australia and New Zealand and
has been listed since 1986. It is a leading New Zealand minerals development and exploration company with a mining permit
encompassing the Talisman mine, one of New Zealand’s historically most productive gold mines. The company has commenced
prospecting and upgrading activities at the mine and advance the exploration project to increase its considerable global exploration target
into JORC 2012 resources.
Its gold properties near Paeroa in the Hauraki District of New Zealand are a granted mining permit, including one of New Zealand’s
highest-grade underground gold mines.
More about New Talisman Gold at www.newtalisman.co.nz