TLG - Media, page-16192

While we are all whipping ourselves into a frenzy and casting evil spells at the Swedish SC, let us spare a thought for blondaussie and also Talga's leader Mark Thomson

Blondaussie has already taken his medicine and I dare say that Mark has done the same. It is just that we haven't heard of it yet.

I refer you to a Talga ASX release 2/8/2024 (Appendix 3Y – Mr Mark Thompson) stating that Equities First Holdings were at that stage holding 1,500,000 + 23,138 Talga shares if his as collateral for his borrowings.

I would assume that Equities Holdings would now be on the phone saying that the value of his collateral has halved and that they now want another 13.5M of his shares.

Probably be Talga's next Appendix 3Y Change of Director’s Interest Notice.


Indirect
(1) 1,584,901 Ordinary Shares*
(2) 12,827,273 Ordinary Shares*
4,000,000 options exercisable at
$1.12 and subject to vesting
conditions to be satisfied by the
milestone date of 31 Dec 2024, and
expiring 30 Jun 2025.
• (1) including 23,138 and (2)
including 1,500,000 Ordinary
Shares (Secured Shares) held
by Equities First Holdings LLC
(Equities First) under a loan
facility (Loan). Under the terms
of the Loan, Equities First will
only exercise any rights it may
have to vote the Secured Shares
as directed by Lateral Minerals
ATF the Thompson Family
Trust (Lateral Minerals) from
time to time. The Secured
Shares will be returned to
Lateral Minerals on repayment
of the Loan, in accordance with
the terms of the Loan.