NTL Rights Offer

100715087/3440-4386-4389.2

3 March 2026


ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED
(NZX: NTL, ASX: NTL)
FOR IMMEDIATE RELEASE
Rights Issue

New Talisman Gold Mines Limited (NZX: NTL) is pleased to offer rights to existing
shareholders in New Zealand and Australia, opening on Monday 12 March 2026. The offer
gives existing shareholders the opportunity to take up to 4 new shares for every 5 shares they
hold on the record date at a price of NZ$0.016 per share. The offer of new shares is made
under NZX Listing Rule 4.3.1(a).
Important indicative dates for the Offer are:

Ex Date 10 March 2026
Rights trading commences on the NZX Main Board 10 March 2026
Record Date for determining Entitlements 5.00pm (NZDT), 11 March 2026
Opening Date 12.00pm (NZDT), 12 March 2026
Expected dispatch of Entitlement notifications 12 March 2026
Rights trading ends on the NZX Main Board 20 March 2026
Closing Date (last day for receipt of applications with
payment)
5.00pm (NZDT), 26 March 2026
Allotment and issue of New Shares and expected date of
quotation of New Shares on NZX Main Board
31 March 2026
Date for despatch of statements 6 April 2026
These dates are subject to change and are indicative only. New Talisman reserves the right
to amend this timetable, subject to the NZX Listing Rules and all applicable laws, including by
extending the Closing Date.


Ms Jane Bell
Company Secretary
New Talisman Gold Mines Limited
Direct +64 21 764 224
jane@newtalisman.co.nz
z
Page | 1
2b Gibraltar Cres,
Parnell, Auckland 1052
Office +64 9303 1893
info@newtalisman.co.nz

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Corporate Action Notice
(Other than for a Distribution)
Updated January 2024
100715087/3444-6349-1397.2 Page 1 of 2
Section 1: Issuer information (mandatory)
Name of issuer New Talisman Gold Mines Limited
Class of Financial Product Ordinary Shares
NZX ticker code NTL
ISIN (If unknown, check on NZX
website)
NZHERE0001S6
Name of Registry Computershare Investor Services Limited
Type of corporate action
(Please mark with an X in the relevant
box/es)
Share Purchase
Plan/retail offer
Renounceable
Rights issue or
Accelerated
Offer

X
Capital
reconstruction
Non-
Renounceable
Rights issue or
Accelerated
Offer


Call Bonus issue
Placement
Record date 5.00pm (NZDT) on 11 March 2026
Ex Date (one business day before the
Record Date)
10 March 2026
Currency NZ$
External approvals required before offer
can proceed on an unconditional basis?
No
Details of approvals required N/A
Section 2: Rights issue or Accelerated Offer
(delete full section if not applicable, or mark rows as N/A if not applicable)*
If Accelerated Offer, structure N/A
Number of Rights to be issued or
entitlements available for security
holders in the Accelerated Offer
N/A
Maximum number of Equity Securities
to be issued if offer is fully subscribed
569,472,750
ISIN of Rights (if applicable) NZNTLE0025S4
Oversubscription facility Yes
Details of scaling arrangements for
oversubscriptions
If demand for New Shares were to exceed availability,
applicants participating in the Oversubscription
Facility will be subject to scaling on a pro rata basis
(by reference to existing holdings on the Record
Date).

2 of 2
New Talisman reserves the right to place the shortfall
in accordance with the NZX Listing Rules.
Entitlement ratio (for example 1 for 3)
Please contact NZX ahead of announcing the offer if
each Right will be exercisable for more or less than
one Equity Security (i.e unless prior arrangement is
made, Rights will be exercisable on a one for one
basis)
New

4


For
Existing

5

Treatment of fractions** Rounded up to the nearest whole number
Subscription price
(per Equity Security)
NZ$ 0.016
Letters of entitlement mailed 12 March 2026
Offer open 2.00pm (NZDT) 12 March 2026
Offer close 5.00pm (NZDT) 26 March 2026
Quotation date (if Rights will be quoted) Market open on: 10 March 2026
Allotment date Market open on: 31 March 2026
Section 8: Lead Manager and Underwriter (mandatory)
Lead Manager(s) appointed N/A
Name of Lead Manager(s) N/A
Fees, commission or other
consideration payable to Lead
Manager(s) for acting as lead
manager(s)
N/A
Underwritten No
Name of Underwriter(s) N/A
Extent of underwriting (i.e. amount or
proportion of the offer that is
underwritten)
N/A
Fees, commission or other
consideration payable to Underwriter(s)
for acting as underwriter(s)
N/A
Summary of significant events that
could lead to the underwriting being
terminated
N/A
Section 9: Authority for this announcement (mandatory)
Name of person authorised to make
this announcement
Jane Bell
Contact person for this announcement Jane Bell
Contact phone number 021 764224
Contact email address Jane@newtalisman.co.nz
Date of release through MAP 3 March 2026

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100715087/3446-4784-4165.3
__________________________________________________________________________________
3 March 2026


NZX Market Announcements
Wellington
NEW TALISMAN GOLD MINES LIMITED (NZX: NTL)
RIGHTS ISSUE CLEANSING NOTICE
New Talisman Gold Mines Limited (the Company) intends to undertake a 4 for 5 rights issue
of fully paid ordinary shares at NZ$0.016 per new share (the Offer). The Offer will be made
under clause 19 of Schedule 1 of the Financial Markets Conduct Act 2013 (FMCA).
For the purposes of clause 20(1)(a) of Schedule 8 to the Financial Markets Conduct
Regulations 2014 (FMCR) and the FMCA, the Company advises that:
1 The Company is making the Offer in reliance upon the exclusion of clause 19 of
Schedule 1 of the FMCA and is giving this notice under clause 20(1)(8) of Schedule 8 of
the FMCR.
2 As at the date of this notice:
2.1 The Company is in compliance with:
(a) the continuous disclosure obligations that apply to it under the FMCA in
relation to the Company’s quoted ordinary shares; and
(b) its “financial reporting obligations” within the meaning set out in clause
20(5) of Schedule 8 of the FMCR.
2.2 There is no information that is “excluded information” within the meaning set out
in clause 20(5) of Schedule 8 to the FMCR.
The Offer is not expected to have any material effect or consequence on the “control” (as
defined in clause 48 of Schedule 1 to the FMCA) of the Company.

Yours faithfully,


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