NTL - Trading Halt of Securities

NZX Limited
Level 2, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com

Memorandum

To:
Market Participants
From:
NZX Product Operations
Date:
Tuesday, 2 December 2025
Subject
: New Talisman Gold Mines Limited (“NTL”) – Trading Halt of Securities


Message
:
NZ RegCo refers to the announcement released on Friday, 28 November 2025 regarding
NZ RegCo approving a trading halt application from New Talisman Gold Mines Limited (“NTL”).
Trading in NTL ordinary shares was placed into halt at 1.52pm on Friday, 28 November 2025.

NTL has requested a further trading halt to NTL ordinary shares, and NZ RegCo has approved
a trading halt application from NTL.

Attached is the trading halt application, for further information.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com
with any queries.

ENDS

---

December 2, 2025

To: NZ RegCo
11 Cable Street
Wellington
New Zealand

By email: issuer@nzregco.com
Request for trading halt: New Talisman Gold Mines Limited (NZX Code: NTL)
We request a new trading halt be applied to our financial products (Ordinary Shares) under
NZX Listing Rule 9.9.1(a) and set out below details of the request as per the rules of NZX.
We would like the trading halt to commence immediately.
Reasons for trading halt, including impact of event on fair orderly or transparent
markets: On 28 November 2025, NTL sought a trading halt to enable the NTL Board to
consider the Company’s current financial position and its strategic path forward, and to
engage with a potential investor. NTL currently has contingent pledges for short term
funding of $550k from three investors on terms still to be finalised. The NTL Board continues
its negotiations with other long term strategic potential investors but, as the discussions are
confidential and incomplete, NTL is not in a position to share further details at this time. In
the circumstances, NTL seeks a new trading halt to prevent any impact to a fair, orderly and
transparent market for NTL’s shares while negotiations are brought to a conclusion.
How long we want the trading halt to last and why: The earlier of two business days or
an announcement by the Board on completion of negotiations.
The event we expect to happen that will end the trading halt: an announcement by the
NTL Board in relation to further investment .
We confirm that we are not aware of any reason why the trading halt should not be granted.

Yours sincerely

Jane Bell
Company Secretary
New Talisman Gold Mining Ltd