NTL 0.00% 1.6¢ new talisman gold mines limited

Compamy takes up own shares as part of the 1.8M!!!!, page-3

  1. 99 Posts.
    lightbulb Created with Sketch. 47
    The change in Mr Upperton shareholding was lodged by the company and can be found at the companies office and can be found here
    https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/276623/documents (under particulars of shareholding)

    Extract from update lodged by the company with the companies office on the 5th of August 2024 below (public document)

    https://hotcopper.com.au/data/attachments/6362/6362996-211ceb038399846f835b67552f374da3.jpg
    It shows Mr Uppertons shareholding moving from 10,188,333 shares to 12,000,000 shares a movement of 1,811,667 shares.
    The shares were issued at .018 which means he contributed $32,610.01 as part of the capital raising.

    The companies 2024 annual report can be found here:
    https://hotcopper.com.au/threads/ann-quarterly-activities-appendix-5b-cash-flow-report.8122005/

    It states on page 18
    https://hotcopper.com.au/data/attachments/6363/6363022-71325fed8c2f17cd47eab7002a4edec0.jpg
    and director fees of
    https://hotcopper.com.au/data/attachments/6363/6363026-ebfd30f8f5ae97fc1740af62f29353cc.jpg

    So Mr upperton has been paid $40,000 directors fees + $70,000 consulting fees = $110,000 in the last financial year.

    He has contributed $32,610.01 to latest capital raising.

    Make of that what you will.


 
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