TALISMAN MINING LIMITED — Share Issue/Capital Change 2023

Dec 14, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

TALISMAN MINING LIMITED

Date of this announcement

Friday December 15, 2023

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unlisted Options	4,981,700	15/12/2023
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

TALISMAN MINING LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

71079536495

1.3 ASX issuer code

TLM

1.4 The announcement is

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New announcement

1.5 Date of this announcement

15/12/2023

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

As per 3B dated 11 Dec 2023 15:20. No ASX Code yet allocated.

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

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New +securities
ASX +security code +Security description
New class - code to be confirmed Unlisted Options
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
15/12/2023
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://wcsecure.weblink.com.au/pdf/TLM/02752476.pdf
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.26400000 15/12/2027
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
TLM Fully Paid Ordinary Shares
Any other information the entity wishes to provide about the +securities the subject of this notification
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Refer ASX appendix 3B dated 11/12/23. No ASX code yet allocated to options.

Issue details

Number of +securities

4,981,700

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities Incentive options. Purpose of the issue Other

Additional Details Incentive options.

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
TLM : ORDINARY FULLY PAID	188,320,349
4.2 Unquoted +Securities (Total number of each +class of +securities issued but	not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
TLMAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	1,267,800
TLMAJ : OPTION EXPIRING 12-JAN-2026 EX $0.252	827,400
TLMAA : OPTION EXPIRING 15-DEC-2026 EX $0.201	4,238,300
New class - code to be confirmed : Unlisted Options	4,981,700

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

13

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