- Release Date: 24/10/12 13:56
- Summary: RIGHT: NTL: Rights Issue (Amended)
- Price Sensitive: No
- Download Document 3.66KB
NTL 24/10/2012 11:56 RIGHT REL: 1156 HRS New Talisman Gold Mines Limited RIGHT: NTL: Rights Issue (Amended) ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED (NTL) FOR IMMEDIATE RELEASE Rights Issue New Talisman advises that a Simplified Disclosure Prospectus dated 24 October 2012, attached, has been lodged with the Registrar of Financial Services and ASIC, and is available on the Company's website. New Talisman shares are listed on the ASX and the NZX Main Board, being a registered market. The Offer is a one for three renounceable offer with attaching 5 year option for every new share issued. Subscription may be made in either Australian (A$0.01 per share) or New Zealand (NZ$0.013 per share) to holders with a registered address in Australia or New Zealand at the Record Date. New Talisman intends to use the proceeds from the Offer to advance the Talisman project through prefeasibility, including a project development study to include mining and processing options, safety and environmental requirements; and fund general working capital. 359,554,548 shares are on issue and 119,851,516 New Shares and 119,851,516 attaching Options can be issued. Important dates for the issue are: Rights trading commences on the ASX Tuesday 30 October 2012 Rights trading commences on the NZX Main Board Thursday 1 November 2012 Record Date for determining Entitlements 7.00pm (NZ time), Monday 5 November 2012 Expected dispatch of Prospectus enclosing the Entitlement and Acceptance Forms Wednesday 7 November 2012 Opening Date Wednesday 7 November 2012 Rights trading ends on the ASX 7.00pm (NZ time) and 5.00pm (AEST), Friday 16 November 2012 Rights trading ends on the NZX Main Board 5:00pm (NZ time) and 3:00pm (AEST), Monday 19 November 2012 Closing Date (last day for receipt of the completed Entitlement and Acceptance Form with payment and last day for renunciations) 5.00pm (NZ time) and 3.00pm (AEST), Friday 23 November 2012 Allotment and issue of New Shares and Options and dispatch of holding certificates (Issue Date) Wednesday 28 November 2012 Option Expiry Date 7.00pm (NZ Time) or 5.00pm (AEST) Tuesday 28 November 2017 These dates are subject to change and are indicative only. New Talisman reserves the right to amend this timetable, subject to the Corporations Act 2001, Securities Act 1978 and the Listing Rules, including by extending the Closing Date. New Talisman reserves the right to withdraw the Offer and issue New Shares and Options at any time before the Issue Date in its absolute discretion. Sue Sangster Company Secretary ............................................................................. ................................................ About New Talisman Gold Mines Ltd New Talisman Gold is a dual listed (NZSX & ASX: NTL) with 1800 shareholders who are mainly from Australia and New Zealand. It is a leading New Zealand minerals development and exploration company with a portfolio of high quality mineral interests. Its gold properties near Paeroa in the Hauraki District of New Zealand are a granted mining permit, including a JORC compliant mineral resource within the original Talisman underground mine, and an adjacent exploration permit along strike from the mine. The company is now advancing its plans to develop the mine, and advance the exploration project. Through a subsidiary company, New Talisman Gold owns 21.7% of Broken Hill Prospecting Limited (Asx: BPL), which is planning to develop a cobalt project at Thackaringa, about 25 kilometres south-west of Broken Hill in Australia. BPL is listed on both the ASX and NZSX (Code: BPL). More about New Talisman Gold at www.newtalismangold.co.nz End CA:00228794 For:NTL Type:RIGHT Time:2012-10-24 11:56:30
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