Things that MAKE YA GO HMMMMMM...........OFFER DOCUMENT...

Things that MAKE YA GO HMMMMMM...........

OFFER DOCUMENT FEBRUARY 2023

“Over the Last 12 months the board of New Talisman Gold Mines has been fully focussed on delivering results for our loyal shareholders, our goal supported by a specific and realistic plan is to produce gold and begenerating returns for shareholders by the end of this year”

We recognise that New Talisman has made numerous calls for capital over many years. However your board has a very specific and realistic plan to develop Talisman with the goal to be generating profit and returnsfor shareholders by the end of 2023.

If we cannot complete this capital raise, the Board’sview is there are very little options left for the company

Offer Document 2023- Have a read and you be the judge……45lj9m4rlzw9nl.pdf(asx.com.au)

Are there ANY regulatory hurdles before the mine can bere-entered? NO MENTION OF DOC!!!

Re-entry requires renewed Health and Safety Management plans…….that documentation is to be completed by February 2023 we will then potentially liase with worksafe prior to recommencing operations.

How soon are you able to start mining?

………..We expect to be underground and mining before the end of the second quarter 2023, with ore being produced shortly thereafter. NOMENTION OF DOC!!!.

The processing route for the ore has been a long timeproblem. How have you solved this?

We have considered a number of options for processing ore. The preferred option at this stage is to produce concentrate underground………..This would require purchase of some specialist machinery which is part of the expenditureplanned from this raise. Where is this plant already paid for by shareholders???

WHAT HAPPENS IF YOU DO NOT RAISE SUFFICIENT FUNDS TO GETTHE MINE TO PRODUCTION?

In reality there will belimited options. The Most likely is that the company sells its assets.-(hopefully for a reasonable price), winds up, and returns the surplus funds toshareholders.

NOW LOOK AT WHERE THE MONEY WAS REALLY SPENT!! Before the offer in Feb 2023 company raised $1M above the $1M cash it had in hand.

Annual Report 2022 - new-talisman-ann-report-2022_Final.pdf(newtalismangoldmines.co.nz)

Annual report 2023 - newtalismangoldmines.co.nz/wp-content/uploads/2023/06/new-talisman-ann-report-2023-1.pdf

Annual report 2024 - newtalismangoldmines.co.nz/wp-content/uploads/2024/07/Reissued-new-talisman-ann-report-2024_final.pdf