Success SPP Raises NZ$1.73m

SPP SUCCESSFULLY RAISES 1.73 MILLION NZD New Talisman is pleased to announce its completion of a successful SPP raising a total of NZ$1.73m through the issue of 252,204,137 shares. The funds raised will be applied to the Talisman mine as it progresses the bulk sampling project which is estimated to produce approx. 8000 ounces AUeq over the 24 month project plan. For further information please contact Jane Bell Company Secretary on jane@newtalisman.co.nz Matthew Hill stated "This is a great result and demonstrates the clear support from shareholders and the wider community as we progress towards production from the Talisman mine. With the consent for the pilot plant recently granted, the metallurgical test work is underway which will determine the optimal recovery rates and plant design, while at the same time producing gold concentrate and bullion from small high grade batches of ore." End CA:00338076 For:NTL Type:MKTUPDTE Time:2019-07-24 15:43:06