Compamy takes up own shares as part of the 1.8M!!!!, page-9

WISHY/jOENEW

ACTS LIKE DEBT, APPEARS TO BE DEBT, IS CALLED A LOAN .......BUT YOU ARE SAYING SUCH IS NOT DEBT!

ONE CAN ONLY PONTIFICATE AS YOUR COMPANY FAILS TO DISCLOSE TO SHARHEOLDERS THE SIMPLEST OF MATTERS.

ANSWER THIS DOES THE COMPANY CURRENTLY HAVE AN AUTHORITY TO ENTER AND OPERATE ITS OWN MINE ? yes or no?

NEW TALISMAN ISSUES NEW SHARES AS PARTIAL
CONVERSION OF DEBT SECURITY - nb A SECURITY WHICH CANNOT CONVERT FURTHER DUE TO TAKEOVERS CODE ACCORDING TO COMPANY.

The loan facilities are as follows:
• NTL has varied the terms of the existing unsecured loan from Director Richard Tacon to increase
the loan amount from $300,000 to $350,000 and extend the final repayment date to 31 Dec 2025.
The interest rate remains at 19% per annum.
• NTL has entered into an unsecured loan with Hamish Brown of $850,000. The loan has an interest
rate of 19% per annum and is repayable by 31 Dec 2025.
• NTL has also entered into an unsecured loan with the Company Chair Samantha Sharif of a
minimum of $50,000 and up to $200,000. The loan has an interest rate of 19% per annum and is
repayable by 31 Dec 2025.

ARE YOU SAYING THE COMPANY WHICH HAS NEVER HAD ANY LOAN OR DEBT ON ITS BALANCE SHEET CURRENTLY HAS ZERO DEBT??....DIDNT THINK SO. PERHAPS IT IS YOU THAT FAILS TO UNDERSTAND HOW DEBT WORKS.