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14:31
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Originally posted by spv1:
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Clarification to earlier Shareholder UpdateNew Talisman Gold Mines Ltd wishes to clarify its earlier announcement in relation to the notice given for termination of the management services contract for Asia Pacific Capital Group Ltd. Three months’ notice has been given under the without cause clause in the management services agreement. For the period of Matthew Hill’s three month notice period he will be acting with reduced delegated authority as Chief Executive Officer. New Talisman Gold Mines Ltd has begun a process of reviewing its management structure and will be seeking suitable candidates for management roles. The Board nominations committee continues to canvas candidates to broaden the skill base of the board, particularly with regards to members with accounting or financial backgrounds as New Talisman will need to reconstitute its audit committee with additional capability.Mr J UppertonChairmanNew Talisman Gold Mines Limited
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Thanks for updating us Matt
