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  • Talisman Mine Financing Offer Accepted | New Talisman Gold Mines
    to satisfaction of certain conditions including entering into satisfactory security and other facility documentation The converting note provides for NTL at its sole discretion to either 1 Upon repayment of 30 of the loan Convert 70 of the loan to equity at the end of the 12 month period or 2 Repay the loan in full or 3 Upon repayment of 30 of the loan roll the loan over the remaining 70 for a further 12 month term The funds drawn down from this facility will be applied to the Talisman mine bulk sampling project and working capital requirements NTL anticipates the 1 6M will be sufficient capital to allow NTL to initiate the bulk sampling program outlined to shareholders at the 2013 AGM The bulk sampling project provides for the first cash flows from New Talisman s mining operations and will allow NTL to be cashflow positive within 12 months from the start of bulk sampling operations which are expected to begin in the second half of 2014 Under the terms of the accepted offer NTL expects to be in a position to execute documentation and have access to the funds within 30 days NTL will announce the detailed terms of the facility once documentation has been executed Executive Director Matthew Hill said In a very difficult climate for junior miners particularly gold related juniors NTL is particularly pleased to have been able to attract an offer to finance the development of the Talisman mine through to first production It is an indication of the very attractive investment proposition the Talisman mine represents We remain on track to reopen the Talisman Mine historically a highly productive high grade gold mine in one of the most productive gold mining areas in NZ and our transition from developer to producer status

    Original URL path: http://www.newtalismangoldmines.co.nz/2014/04/talisman-mine-financing-offer-accepted/ (2016-04-26)
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  • New Talisman Raises NZ$348,445 under Share Purchase Plan | New Talisman Gold Mines
    of valid applications and payment under the terms of its Share Purchase Plan dated 5 September 2013 New Talisman executive director Matthew Hill said the company had a good response from existing shareholders particularly New Zealand residents which underlines shareholder confidence in our plans for the next step in the company s operations toward full mining We are in discussions with a number of institutional investor groups and their representatives to complete a placement for remaining funds required to initiate bulk sampling and production of gold from such operations under the terms of our mining permit 88 New Zealand shareholders and 17 Australian shareholders joined the Share Purchase Plan raising NZ 258 000 and AU 79 700 respectively As a result of the Share Purchase Plan New Talisman is issuing 35 067 437 shares today at NZ 1 0 cents or AUD 0 86 cents per share raising the equivalent of NZ 348 445 before expenses The funds raised will be used to Initiate underground bulk sampling and evaluation at the Talisman Mine in Karangahake including mining and processing options safety and environmental requirements and relevant consents and for working capital All valid applications for shares will be issued for

    Original URL path: http://www.newtalismangoldmines.co.nz/2013/10/new-talisman-raises-nz348445-under-share-purchase-plan/ (2016-04-26)
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  • Results of Meeting | New Talisman Gold Mines
    the Annual Meeting of Shareholders held today all resolutions were passed by the requisite majorities Pursuant to NZX Listing Rule 3 3 1A James Murray McKee and Ian James Pringle have been determined as Independent Directors Matthew Geoffrey Hill has been determined as not being an Independent Director for the purposes of NZX Listing Rule 3 3 1A Download SX Release 19 September 2013 Results of Meeting Latest News Fri

    Original URL path: http://www.newtalismangoldmines.co.nz/2013/09/results-of-meeting/ (2016-04-26)
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  • Shareholder Presentation | New Talisman Gold Mines
    News Latest Presentations Shareholder Top 20 and Distribution News Clippings Projects 1 Talisman Karangahake Community 2 Rahu 3 Coromandel Gold Ltd Contact Investor Information Shareholder Presentation Download SX Release 19 September 2013 Shareholder Presentation Latest News Fri Apr 15 2016 Talisman Mine Update Wed Apr 13 2016 Traffic Management Plan approved Sat Apr 9 2016 Notice of ceasing to be a substantial holder Latest Reports Addendum to the 2015 Annual

    Original URL path: http://www.newtalismangoldmines.co.nz/2013/09/shareholder-presentation/ (2016-04-26)
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  • Chairmans Address Annual Meeting | New Talisman Gold Mines
    more bullish outlook for gold I referred to at the start of this address As noted in the Annual Report the prefeasibility study was completed on time and under budget in March this year Post balance date we raised by way of a placement to sophisticated investors a further A 543 000 to fund the due diligence exercise on the Mpokoto heap leach project in the Congo and for general working capital That capital was raised against the background of a declining gold price and fell somewhat short of our expectations The decline in the price of gold inevitably influenced our view of the Mpokoto project At this time we retain a 12 5 shareholding in Netcom the company with rights to 80 of the project and have an option to take that up to 25 if we convert the loan to Netcom to equity Netcom and the Mpokoto project are presently the subject of an offer by a publicly listed UK entity Given the positive outcome of the Prefeasibility Study and the second hard look at the financials that I referred to above we would have liked to have raised the capital necessary to get to bulk sampling and trial mining at Talisman somewhat earlier than now In June we visited a range of Sydney brokers that have supported the company in the past At that time the price of gold was heading south but had not hit bottom It was apparent to us it was not possible to raise capital for a gold project in that climate at a sensible acceptable price So we have had to cut our expenditure to the barest minimum in the intervening period However we now judge the market has turned as reflected in the recent gold price range In short there are clear signs of recovery As you are aware we have invited all shareholders to participate in a share purchase plan that will fund the project to the point of first trial production If you have not already resolved to support the share purchase plan I trust the presentation after the formal session will assist in your decision to participate Finally on the subject of raising capital you will note there are two resolutions on the notice of meeting intended to give your directors additional flexibility with respect to raising additional capital in the future Dependent on the outcome of the full feasibility study we may or may not need this flexibility but if the full feasibility study confirms the preferred development directions identified in the pre feasibility study then some capital investment in underground plant and equipment will be required to optimize ore production levels The Journey from Explorer to Producer The annual report for the period to March 2013 reflects the very real progress the Company has made on its journey from explorer to developer and on to producer The report highlights the changes made to the board and management team to give effect to the strategic decision to

    Original URL path: http://www.newtalismangoldmines.co.nz/2013/09/chairmans-address-annual-meeting/ (2016-04-26)
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  • Chairman’s Letter and Share Purchase Plan | New Talisman Gold Mines
    Presentations Shareholder Top 20 and Distribution News Clippings Projects 1 Talisman Karangahake Community 2 Rahu 3 Coromandel Gold Ltd Contact Investor Information Chairman s Letter and Share Purchase Plan Download SX Release 10 September 2013 SPP Latest News Fri Apr 15 2016 Talisman Mine Update Wed Apr 13 2016 Traffic Management Plan approved Sat Apr 9 2016 Notice of ceasing to be a substantial holder Latest Reports Addendum to the

    Original URL path: http://www.newtalismangoldmines.co.nz/2013/09/chairmans-letter-and-share-purchase-plan/ (2016-04-26)
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  • Share Purchase Plan | New Talisman Gold Mines
    shareholders on 4 September 2013 the record date the opportunity to subscribe for shares up to NZ 15 000 or Australian 12 600 in total or in lots of NZ 1 000 or Australian 900 New Talisman has decided that the SPP is not able to be made to shareholders who are resident in other countries so as to avoid breaching laws in the relevant jurisdictions New Talisman in making this decision has taken into account the small number of overseas shareholdings within holders not resident in New Zealand or Australia The issue price will be NZ 1 0 cent or AU 0 86 cent The issue price has been calculated by taking the volume weighted average price of New Talisman shares traded on the NZX Main Board over the 5 trading days prior to the offer date and discounting this price by 9 The Australian dollar equivalent has been calculated by converting the NZ dollar issue price to Australian currency using the Westpac bank exchange rate applicable at close of business on 4 September 2013 which is 0 8578 Funds raised from the SPP will be used to initiate underground bulk sampling and evaluation at New Talisman Mine in Karangahake including mining and processing options safety and environmental requirements and relevant consents and for working capital The SPP documents will be mailed to shareholders on 10 September 2013 The offer closes at 5pm New Zealand time on Wednesday 26 September 2013 and allotment is scheduled to occur on 2 October 2013 Shares issued under the SPP will be quoted on the NZX Main Board and application will be made for shares to be quoted on the ASX and are expected to commence trading on the trading day after the allotment date NZX Limited is a registered exchange and the

    Original URL path: http://www.newtalismangoldmines.co.nz/2013/09/share-purchase-plan-4/ (2016-04-26)
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  • Latest News | New Talisman Gold Mines - Part 14
    Gold Ltd Contact Investor Information Latest News 03 09 12 Director Resignation Director Resignation Click for more 29 08 12 Capital Raising Rights Issue Click for more 31 07 12 Quarterly Activities Report to 30 June 2012 SX 310712 Quarterly Activities 300612 Click for more 31 07 12 Appendix 5B Quarter to 30 June 2012 ASX Appendix 5b 300612 Click for more 31 07 12 Appendix 11 Quarterly Cash Flow Report to 30 June 2012 NZX Consolidated Cash Flow 300612 Click for more 31 07 12 Director Resignations SX 310712 Director Resignations Click for more 12 07 12 Closing Date Director Nominations Closing Date Director Nominations 2012 AGM Click for more 29 06 12 Letter to Shareholders under Section 209 Shareholder Letter Section 209 Click for more 30 05 12 Preliminary Final Report 31 March 2012 Preliminary Final Report 31 March 2012 Click for more 23 05 12 New Talisman Gold Raises NZ 306 961 New Talisman Gold Raises NZ 306 961 before expenses from Share Purchase Plan Click for more Page 14 of 15 First Previous 10 11 12 13 14 15 Next Latest News Fri Apr 15 2016 Talisman Mine Update Wed Apr 13 2016 Traffic Management Plan

    Original URL path: http://www.newtalismangoldmines.co.nz/category/news/page/14/ (2016-04-26)
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