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Shortfall Applications Invited

Capital Raise27 March 2023NTLIndustrials

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__________________________________________________________________________

27

th

March 2023

ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED

(NZX: NTL, ASX: NTL)

FOR IMMEDIATE RELEASE


NTL SHORTFALL



New Talisman Gold Mines Limited is pleased to announce the following avenues for

applications for shortfall or to acquire the ineligible investor rights from the Company's recently

concluded Rights Offer.

Shortfall shares will be issued at NZD 1.8 cents (.018) or AUD 1.7 (.017) with the total Shortfall

pool capped at NZD $1,700,000. The minimum parcel for a shortfall application is NZD $1,500.

We note that NTL Directors are not eligible to apply for shortfall under the ASX Listing Rules.

Applications and deposit of funds must be received by 20th April 2023.

The application form is available as follows:

Existing NTL shareholders are invited to contact John Upperton john@newtalisman.co.nz or

ph 09 303 1893

Other NZ Resident investors are invited to contact Alistair Ward at Campbell MacPherson

alistair@campbellmacpherson.com or ph 09 377 1094

Australian Resident Professional and Sophisticated Investors are invited to contact 180

Markets at info@180markets.com.au, https://180markets.com.au/auth/register/investor or

ph 1300 373 522


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

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