NTL Rights Offer Successfully Concluded

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__________________________________________________________________________
29 July 2024
ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED
(NZX: NTL, ASX: NTL)
FOR IMMEDIATE RELEASE

NTL RIGHTS ISSUE SUCCESSFUL


NTL is pleased to advise that it has successfully concluded its recent rights issue to existing
eligible shareholders and is now in a position to move forward with its Strategic Plan.
The 1 for 1 rights issue raised $1.805m NZD, comprising of 85,104,270 rights taken up and
oversubscription of 15,036,921. This includes participation from eligible Directors and many
of our top 20 shareholders. The new shares will be issued on 2 August 2024.
“We are grateful to our Shareholders for their strong support for our capital raise, especially
given the constraints upon the company’s largest holder due to his percentage of holding.
This now allows us to move forward immediately with our strategic plan, including conducting
an in person final inspection of the processing plant ahead of a decision to complete the
purchase, finalising our processing site, and commencing bulk sampling on the Mystery Vein
at Talisman, initiating the first meaningful production from the mine in decades” said Samantha
Sharif, Chair of NTL.
NTL will now also allow applications for shortfall on the same terms as the original rights issue
offer and has already received firm interest in shortfall. Enquiries can be made to
alistair@campbellmacpherson.com or phone +64 21 240 2988
The Board intends to ask for shareholder approval at the company ASM in September for
Director participation in the Oversubscription/Shortfall to the amount of at least $150,000 NZD
as required by ASX listing rules.
If you have any queries regarding any of the above, please contact: John Upperton
john@newtalisman.co.nz or phone +64 9 303 1983

Yours sincerely,

Samantha Sharif
Chair
New Talisman Gold Mines Limited
2b Gibraltar Cres,
Parnell, Auckland 1052
Office +64 9 303 1893
info@newtalisman.co.nz