New Risk • Mar 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (55% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (NZ$12.7m market cap, or US$7.22m). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). New Risk • Dec 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NZ$17.0m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (54% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (NZ$17.0m market cap, or US$9.81m). Announcement • Jul 15
New Talisman Gold Mines Limited, Annual General Meeting, Sep 17, 2025 New Talisman Gold Mines Limited, Annual General Meeting, Sep 17, 2025. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 42% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NZ$2.7m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 0.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (NZ$15.0m market cap, or US$8.44m). New Risk • Nov 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NZ$2.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NZ$2.7m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 0.6% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (NZ$11.3m market cap, or US$6.60m). Minor Risk Shareholders have been diluted in the past year (42% increase in shares outstanding). Announcement • Aug 06
New Talisman Gold Mines Limited, Annual General Meeting, Sep 17, 2024 New Talisman Gold Mines Limited, Annual General Meeting, Sep 17, 2024. Announcement • Aug 02
New Talisman Gold Mines Limited has completed a Follow-on Equity Offering. New Talisman Gold Mines Limited has completed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,141,191
Price\Range: NZD 0.018
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,340,357
Transaction Features: Rights Offering New Risk • Jun 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NZ$878k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NZ$878k free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 5.7% per year over the past 5 years. Revenue is less than US$1m (NZ$43k revenue, or US$27k). Market cap is less than US$10m (NZ$10.5m market cap, or US$6.49m). Minor Risk Shareholders have been diluted in the past year (8.2% increase in shares outstanding). New Risk • Oct 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of New Zealander stocks, typically moving 7.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.2% average weekly change). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (NZ$9.74m market cap, or US$5.68m). Minor Risk Shareholders have been diluted in the past year (32% increase in shares outstanding). Board Change • Oct 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Executive Director John Upperton is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 07
New Talisman Gold Mines Limited Announces Executive Changes At New Talisman Gold Mines Limited's shareholder meeting held on 6 September 2023 not re-elected Victor Rabone, who retires and is eligible for re-election, as a Director of the Company and elected Richard Tacon as Director. Announcement • Jul 13
New Talisman Gold Mines Limited, Annual General Meeting, Sep 06, 2023 New Talisman Gold Mines Limited, Annual General Meeting, Sep 06, 2023, at 14:00 NZST - New Zealand Standard. Announcement • Jun 07
New Talisman Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.616052 million. New Talisman Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.616052 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 95,061,899
Price\Range: AUD 0.017
Transaction Features: Rights Offering Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Interim Operations Manager & Independent Non-executive Director A. Rabone is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 10
New Talisman Announces Executive Changes New Talisman announced that as of 12th September, current Board Chair John Upperton will step down as Chair, to lead the implementation of NTL's Strategic Plan as Strategy Delivery Manager. This role will be reviewed around March 2023, when the company anticipates appointing a Mine Overseer. Mr. Upperton will remain on the Board as an executive director. Independent Director Samantha Sharif will take on the role of Chair of the Board. Announcement • Aug 24
New Talisman Gold Mines Limited announced that it has received NZD 1 million in funding On August 24, 2022, New Talisman Gold Mines Limited closed the transaction. The company has received NZD 1,000,000 in the transaction. Announcement • Aug 07
New Talisman Gold Mines Limited, Annual General Meeting, Sep 28, 2022 New Talisman Gold Mines Limited, Annual General Meeting, Sep 28, 2022, at 14:00 NZST - New Zealand Standard. Agenda: To discuss for Directors' Nominations. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Interim Operations Manager & Non-Independent Director A. Rabone is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Executive Director A. Rabone is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Executive Director Victor Rabone is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Oct 01
Independent Chairman of the Board Charbel Nader has left the company On the 29th of September, Charbel Nader's tenure as Independent Chairman of the Board ended after 5.1 years in the role. We don't have any record of a personal shareholding under Charbel's name. A total of 2 executives have left over the last 12 months. Executive Departure • Oct 01
Independent Director Kelly Wyse has left the company On the 29th of September, Kelly Wyse's tenure as Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Kelly's name. A total of 2 executives have left over the last 12 months. Announcement • Sep 14
New Talisman Gold Mines Limited announced that it expects to receive AUD 0.67 million in funding New Talisman Gold Mines Limited announced a private placement of 335,000,000 ordinary fully paid shares at a price of AUD $0.002 per new share for gross proceeds of AUD 670,000 on September 14, 2021. The transaction will include participation from sophisticated and professional investors. Announcement • Dec 11
New Talisman Gold Mines Limited (NZSE:NTL) signed a binding term sheet to acquire highly prospective epithermal gold and porphyry copper-gold projects In Vanuatu from Canterbury Resources Limited (ASX:CBY). New Talisman Gold Mines Limited (NZSE:NTL) signed a binding term sheet to acquire highly prospective epithermal gold and porphyry copper-gold projects In Vanuatu from Canterbury Resources Limited (ASX:CBY) on December 10, 2020. 