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12th December 2016
ANNOUNCEMENT BY NEW TALISMAN GOLDMINES LIMITED
[ASX, NZSX: NTL, NTLOA]
FOR IMMEDIATE RELEASE
CHARBEL NADER APPOINTED AS CHAIRMAN
New Talisman Gold Mines Ltd (ASX, NZSX : NTL) is pleased to announce the
appointment of Charbel Nader as Chairman of the company.
After over 5 years Murray Mckee has stepped down as Chairman of the company
given increasing overseas family and business commitments . Murray has been a
board member for over 20 years and as Chairman has guided the board through a
difficult time for mining companies in general to where the company stands
today in a strong position both financially and commercially to commence
operations at Talisman. Murray has advised he will stay on the board as
independent director.
The Board has appointed Charbel Nader as Chairman of the board. Charbel
brings a wealth of commercial experience to the company in its next stage of
development. Charbel''s history in assisting smaller companies navigate large
scale and complex commercial situations to deliver favourable outcomes to
shareholders will be invaluable to NTL as enters an exciting new period in
its development.
Charbel Nader stated "In taking over from Murray I am very conscious of the
exemplary leadership that he has provided through a very difficult time for
the industry and the company. I am pleased that his skill and wisdom will
continue to be available to me and the company. I look forward to working
with the first rate management team and the board now assembled at NTL to
advance the Talisman project and NTL''s other assets in a sustainable manner
that is respectful of their environment and that delivers broader benefits to
the community. We as a board are conscious of the trust placed in NTL by our
shareholders and are committed to making the most of the company''s enviable
asset base. Whilst there remains some challenges there has never been more
reason to be optimistic about NTL''s future. "
Appointment of Company Secretary
The Board also welcomes Jane Bell as Company Secretary replacing Matthew Hill
as interim company secretary.
Mr. Matthew Hill
Chief Executive Officer
New Talisman Gold Mines Ltd
M: +64 21 795 559
E: apcap@icloud.com
About New Talisman Gold Mines Ltd
New Talisman Gold is a dual listed (NZSX & ASX: NTL) with over 1900
shareholders who are mainly from Australia and New Zealand. It is a leading
New Zealand minerals development and exploration company with a mining permit
encompassing the Talisman mine, one of New Zealand''s historically most
productive gold mines. 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
a non-binding Heads of Agreement with Newcrest on 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.
More about New Talisman Gold at www.newtalisman.co.nz
End CA:00294135 For:NTL Type:OFFICE Time:2016-12-12 13:20:42