Preliminary Full Year Report to 31 Mar 2025

Template
Results announcement
(for Equity Security issuer/Equity and Debt Security issuer)
Updated as at March 2025
P
lease do not amend or delete individual rows. As this template relates to prescribed content, changes to content
should only be made where it is clearly indicated that this is permitted, otherwise, if an Issuer considers a particular
element does not apply, mark the row as N/A, Any other changes to this prescribed form must first be approved by
NZX as required under NZX Listing Rule 3.26.1.
Results for announcement to the market
Name of issuer New Talisman Gold Mines Limited
Reporting Period 12 months to 31 March 2025
Previous Reporting Period 12 months to 31 March 2024
Currency NZ$
Amount (000s) Percentage change
Revenue from continuing
operations
$24 -54%
Total Revenue $24 -54%
Net profit/(loss) from
continuing operations
$4,045 324%
Total net profit/(loss) $4,045 324%
Interim/Final Dividend
Amount per Quoted Equity
Security
Nil
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 (in
dollars and cents per
security)
$0.0244 $0.018
A brief explanation of any of
the figures above necessary
to enable the figures to be
understood
Please refer to attached document
Authority for this announcement
Name of person

authorised
to make this announcement
Sarah Jane Bell
Contact person for this
announcement
Sarah Jane Bell
Contact phone number 021764224
Contact email address jane@newtalisman.co.nz
Date of release through MAP

30 May 2025
Unaudi
ted financial statements accompany this announcement.

Page | 1
_____________________________________________________
30 May 2025
FOR
IMMEDIATE RELEASE
NTL FY 2025 Preliminary Results (unaudited) [NZX: NTL]
New Talisman today reports its preliminary unaudited FY 2025 results.
Summary of key Results and Events
•Entered into Agreements with Terra Firma Mining Ltd to lease premises and process ore produced
from the Talisman Mine.
•Purchased an offshore plant and relocated it to New Zealand to process the Talisman Ore.
•Granted five year Access Arrangement from Dept of Conservation
•Raised C
apital by way of Rights Issue and private placement
•Satisfied all DOC Access Arrangement conditions and received Authority to Enter and Operate (AEO)
at Talisman
•Voluntarily Delisted from ASX
•Provided a facility to dispose unmarketable parcels
•Rahu Minerals Exploration Permit applied for and granted
•Partial conversion of the Convertible Debt Security to shares (to the ceiling permitted under NZ takeover
law)
•No dividend attributed to this period.
In summar
y, the Company's financial year to March 31, 2025 has seen significant steps taken towards becoming
an exploring producer. New Talisman has secured, relocated and assembled a production plant ready to
process the ore mined from Talisman. Alongside that NTL has continued the path of ensuring administrative
efficiencies to provide future long term benefits for the Company.
2b Gibraltar Cres, Parnell, Auckland 1052
Office +64 9303 1893
Fax +64 9303 1612
info@newtalisman.co.nz

2
Unaudited Consolidated Statement of
Comprehensive Income
Reporting Period
31 March 2025
Previous Reporting
Period 31 March 2024
Continuing Operations
$ $
Operating Income
23,752 52,041
Administrative expenses
Operating expenses
Impairment losses
(771,502)
(985,810)
(13,404)
(757,959)
(585,898)
(380,039)
Reversal of Impairment loss
5,855,580 -
Gain/(loss) from operations
4,108,616 (1,671,855)
Finance Costs (63,347) (129,104)
Net profit/(loss) for the year 4,045,269 (1,800,959)
Other Comprehensive income/(loss)
- -
Total Comprehensive income/(loss)
4,045,269 (1,800,959)
Comprehensive profit/(loss) attributable to equity holders
of the group
4,045,269 (1,800,959)
Earnings per share
Basic earnings/(loss) per share
0.0063 (0.0041)
Diluted earnings/(loss) per share
0.0063 (0.0041)

3
Unaudited Consolidated Balance Sheet Reporting Period
31 March 2025
Reporting Period
31 March 2024
$ $
640,395 480,997
- -
281,017 350,871
921,412 831,868
1,043,785 105,508
14,354,397 8,422,835
11,637 11,637
166,870 -
175,000 105,000
15,751,689 8,644,980
16,673,101 9,476,848
395,955 225,014
35,324 -
73,829 -
505,108 225,014
-723,625
93,134 -
434,279 416,700
527,413 1,140,325
1,032,521 1,365,339
44,954,843 41,471,041
- -
(29,314,263) (33,359,532)
15,640,580 8,111,509
16,673,101 9,476,848
15,640,580 8,111,509
Cash
Inventories
Receivables and prepayments
Current assets
Property, plant & equipment
Mine Development
Exploration & Evaluation
Right of use assets
Other Financial Assets
Non-current assets
Total assets
Payables & Accruals
Convertible Note
Short Term Lease Liabilities
Total Current liabilities
Convertible Note
Long Term Lease liabilities
Rehabilitation Reserve
Total Non-Current liabilities
Total Liabilities
Capital
Reserves
Retained profit/(loss)
Total equity
Total Equity and Liabilities
Net tangible assets per security
Net tangible assets
Net tangible assets per security
0.0244 0.018

4
Unaudited Consolidated Statement of Cash Flows Reporting Period
31 March 2025
Reporting Period
31 March 2024
$ $
Cash flows relating to operating activities
Cash inflows
21,571 43,041
Cash outflows
(1,571,371) (1,335,213)
Net operating cash flows
(1,549,800) (1,292,172)
Cash flows relating to investing activities
Cash inflows
31,280 -
Cash outflows
(1,117,758) (339,909)
Net investing cash flows
(1,086,478) (339,909)
Cash flows relating to financial activities
Cash inflows
2,795,501 247,751
Cash outflows
-(17,924)
Net financing cash flows
2,795,501 229,827
Net increase/(decrease) in cash held
159,223 (1,402,254)
Cash at beginning of period
480,997 1,882,733
Exchange rate gain/(loss)
175 518
Cash at end of period
640,395 480,997

5
Unaudited Consolidated Statement of Changes in
Equity
Reporting Period
31 March 2025
Reporting Period
31 March 2024
$ $
Equity at start of period
8,111,509 9,185,114
Net profit / (loss)
4,045,269 (1,800,959)
Shares issued
2,795,501 450,979
Partial Conversion of Note
688,301 276,375
Capital Reserve
- -
Equity at end of period
15,640,580 8,111,509
These annual financial statements are subject to completion of the audit.
No dividends or distributions were paid or are planned.
All statements are prepared in accordance with New Zealand equivalents to International Financial
Reporting Standards.
There are no accounting policies which the directors believe are critical to the portrayal of New Talisman’s
financial condition and results which require the directors to make judgements and estimates about matters
that are inherently uncertain.
Having reviewed the current status of the project and considered all relevant information including the
significant sustained increase in gold pric
e, the directors have reversed previously applied impairment
charges to the Talisman mine asset.
All accounting policies have been applied on bases consistent with those used in previous years.
About New Talisman Gold Mines Ltd
New Talisman is listed on NZX and during the period delisted from ASX. NTL has over 1,200 shareholders with approximately 75% of
shareholders from New Zealand and has been listed since 1986. It is a leading New Zealand minerals development and exploration
company that holds a tier one mining permit encompassing the Talisman mine, one of New Zealand’s historically most productive gold
mines and an exploration permit for the adjacent Rahu tenement.
More about New Talisman Gold at www.newtalisman.co.nz