NTL Rights Issue Successful

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__________________________________________________________________________
14 March 2023
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 and is now
in a position to move forward with its Strategic Plan.
The 3 for 5 rights issue raised $1.718m, comprising of 71,401,111 rights taken up and
oversubscription of 23,660,788. This includes participation from the majority of our top 20
shareholders. The new shares will be issued on 16 March 2023.
“We are grateful to our Shareholders for their strong support for our capital raise and
particularly pleased to see such a high level of oversubscription at 33% from those that
participated. This now allows us to move forward with our strategic plan to commence bulk
sampling on the Mystery Vein at Talisman and finally begin to realise the potential of the
company for shareholders” said Samantha Sharif, Chair of NTL.
Whilst the capital raise sought a ceiling of $3.45m, the amount raised is nevertheless
substantial enough to allow significant progress. NTL will now also allow applications for
shortfall on the same terms as the original rights issue offer and has already received interest
in shortfall.
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