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TALISMAN MINING LIMITED AGM Information 2013

Nov 24, 2013

65926_rns_2013-11-24_9545f1f7-323c-47b7-8353-de0a70380f88.pdf

AGM Information

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25 Nov 2013

AGM UPDATE

COMPANY SNAPSHOT

Board of Directors

Alan Senior Non-Executive Chairman

Gary Lethridge Managing Director

Graeme Cameron Technical Director

Brian Dawes Non-Executive Director

Karen Gadsby Non-Executive Director

Talisman Mining Ltd (ASX: TLM) provides the following updated information in advance of the upcoming AGM to be held on 25 November 2013.

Resolutions 4 and 5: Issue of Director Options

Section 5.2(f) of the Explanatory Statement of the Notice of Meeting states that the exercise price of the proposed issue of Director Options to Mr Alan Senior and Mr Brian Dawes would be calculated at the 5 day volume weighted average share price prior to the commencement of trade on 25 November 2013 multiplied by the exercise premium.

The Company hereby advises that the exercise price for the proposed issue of Director options to Mr Senior and Mr Dawes are as follows:

Contact Details

6 Centro Avenue Subiaco, Western Australia, 6008 Australia

Telephone: + 61 8 9380 4230

Facsimile: + 61 8 9382 8200

Tranche Exercise Premium Exercise Price
1 257% of 5 day VWAP $0.43
2 329% of 5 day VWAP $0.51
3 400% of 5 day VWAP $0.60
4 471% of 5 day VWAP $0.69

Email:

[email protected]

Website: www.talismanmining.com.au

Capital Structure

Shares on Issue: 131,538,627 (TLM)

For and on behalf of the Board,

==> picture [177 x 45] intentionally omitted <==

Daniel Madden Company Secretary

Options on Issue: 8,800,000 (Unlisted)