NTL new talisman gold mines limited

16,500,000 shares issued @ .0158Continuing to pay quarterly...

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    16,500,000 shares issued @ .0158

    Continuing to pay quarterly interest from what little cash they have on approx $750k @ 9.5% because:

    "A full conversion of the Note to ordinary shares would contravene the New Zealand Takeovers Code"



 
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