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TALISMAN MINING LIMITED AGM Information 2014

Nov 23, 2014

65926_rns_2014-11-23_396da86b-ff00-407b-b259-384a6a35e291.pdf

AGM Information

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24[th ] November 2014

COMPANY SNAPSHOT

AGM UPDATE

Board of Directors

Alan Senior Non-Executive Chairman

Gary Lethridge Managing Director

Talisman Mining Ltd (ASX: TLM) provides the following updated information in advance of the upcoming AGM to be held on 24 November 2014.

Resolutions 5 and 6: Issue of Director Options

Graeme Cameron Technical Director

Brian Dawes Non-Executive Director

Karen Gadsby Non-Executive Director

Section 6.2(f) of the Explanatory Statement of the Notice of Meeting states that the exercise price of the proposed issue of Director Options to Mr Gary Lethridge and Ms Karen Gadsby would be calculated at the 5 day volume weighted average share price prior to the commencement of trade on 24 November 2014 multiplied by the exercise premium.

The Company hereby advises that the exercise price for the proposed issue of Director Options to Mr Lethridge and Ms Gadsby are as follows:

Contact Details

6 Centro Avenue Subiaco, Western Australia, 6008

Telephone: +61 8 9380 4230

Facsimile: + 61 8 9382 8200

Email: [email protected]

Tranche Exercise Premium Exercise Price
1 145% of 5 day VWAP $0.41
2 190% of 5 day VWAP $0.49
3 235% of 5 day VWAP $0.56
4 280% of 5 day VWAP $0.64

Website: www.talismanmining.com.au

For and on behalf of the Board,

Capital Structure

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

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Daniel Madden Company Secretary

Options on Issue: 4,250,000 (Unlisted) ASX: TLM

Talisman Mining Ltd ABN 71 079 536 495 6 Centro Avenue, SubiacoWestern Australia 6008 www.talismanmining.com.au