Share Purchase Plan

6 June 2019 2019 Share Purchase Plan New Talisman Gold Mines Limited (NZX: NZL; ASX: NTL) is pleased to announce that it is providing shareholders with an address in New Zealand or Australia the opportunity to participate in a Share Purchase Plan (the SPP). The SPP provides shareholders resident in New Zealand or Australia (eligible shareholders) on 5 June 2019 (the record date) the opportunity to subscribe for shares up to NZ$15,000, or A$14,175 in total or in lots of NZ$1,000 or A$945. In addition, promptly following 26 June 2020, the company will issue or transfer to each shareholder issued shares in the SPP 1 loyalty share for every 5 shares subscribed for that the shareholder continues to hold on 26 June 2020 for nil consideration. New Talisman has decided that the SPP is not able to be made to shareholders who are resident in other countries so as to avoid breaching laws in the relevant jurisdictions. New Talisman, in making this decision, has taken into account the small number of overseas shareholdings of holders not resident in New Zealand or Australia. The issue price under the SPP will be NZ$0.6875 cents per share or A$0.65 cents per share. The SPP documents will be mailed to shareholders later this week. The offer closes at 7.00 pm New Zealand time on 26 June 2019 (unless extended), and allotment is scheduled to occur by 1 July 2019. Shares issued under the SPP will be quoted on the NZX Main Board. Application will be made for the shares to be quoted on the ASX. The new shares are expected to commence trading on the trading day after the allotment date. Matthew Hill Executive Director NEW TALISMAN GOLD MINES LIMITED End CA:00335619 For:NTL Type:OFFER Time:2019-06-06 09:39:11