NTL - New Talisman Mine - New board & Directors

[Getty]

Oh did he have cook by the same name ?

Well - here's Heritage Gold's Sue Sangster back on 29 July 2011
filing the June 2011 Quarterly Report to NZX:

http://nzx-prod-s7fsd7f98s.s3-websit...835/143360.pdf

I dont know about that document, but if you you find their marriage certificate, Frank's wish would be that you rip it up as quick as you can!

[nztx]

ASX:

https://cdn-api.markitdigital.com/ap...df02a206a39ff4

Read the Final paragraph #4:

The Offer is not expect to have any Material Effect or consequence on the control of the Company

Just a mere 12% roughly of the pre-Offer Share Capital dished out to undisclosed Aussie Investors ahead of the next Cap Raise

So are these shares now going to cancelled & refunded as well ?

[nztx]

I dont know about that document, but if you you find their marriage certificate, Frank's wish would be that you rip it up as quick as you can!

A long time since I heard mention of Frank .. sadly I missed stacking a few million Renouf shares coming out of the Crash, which
ultimately could have been million buck payday when the Aussies (BAPTOR) took a large fancy to what it turned into

[nztx]

https://www.proactiveinvestors.co.uk...eam-72301.html

New Talisman Gold Mines (ASX:NTL) has appointed Ash Clarke of specialist accounting and business advisory company Bellingham Wallace as its virtual chief financial officer.

It has also appointed Francesco Girotto as its company secretary with effect from 16 September.

The appointments have increased the skills and resources available to the company to address the increase in activity as it moves towards production.

Bellingham Wallace provides growing companies with the skills and services usually found in an in-house chief financial officer.

Girotto has been a tax and accounting advisor in medium-small accounting practices in Australia for the last two decades.

He is currently the company secretary for Broken Hill Prospecting (ASX:BPL) and a number of private companies.

He replaces Sue Sangster who has stepped down after 11 years with the company.

The company has recently sent ore from the Talisman Mine to Newmont Mining’s (NYSE:NEM) ore treatment facility at Waihi for processing.

Indicative analysis of ore crushed at this time suggests the grade will exceed one ounce of gold per tonne and several ounces of silver per tonne.


16 Sep 2014

[nztx]

https://www.sharetrader.co.nz/showth...ld-HGD/page195

Post #1941 21 January 2008:

For those interested!

Well done to Trent for managing to raise the 'capital' required in what could be termed 'difficult market conditions"!

Last paragraphs tell the story!

HGD
21/01/2008
PLACE

REL: 1633 HRS Heritage Gold NZ Limited

PLACE: HGD: Heritage Gold successfully raises $3.6M

Heritage Gold successfully raises $3.6 million in fully subscribed placement
and rights issue

In November 2007 Heritage Gold announced a programme for raising $3.6
million, through private placement and rights issue, to fund its exploration
programme for 2008/2009.

The placement of 36,000,000 new shares and free attaching options was
successfully completed on November 21 with strong market support.

The Heritage Gold rights issue gave shareholders the right to purchase a
total of 35,650,415 new shares, with 17,825,207 free attaching options on the
same terms as the placement. The issue closed on December 20 and 17,814,303
shares and 8,907,073 options were issued on December 24.

A further 9,000,000 shares and 4,500,000 free attaching options were taken up
on January 10 leaving a shortfall of 8,836,112 shares and 4,418,056 attaching
options to be placed by March 20, 2008 at the discretion of the Board.

Overseas shareholder rights of 2,307,660 were sold into the market under ASX
listing rule 7.7.1 (b) and the proceeds of $4,191.90 were distributed to
these shareholders in proportion to their shareholding.

Following Director approval, the rights issue shortfall of 8,836,112 shares
and 4,418,056 free attaching options has been placed and the shares and
options issued by Heritage Gold today.

"Given the current state of play of the market the successful completion of
our capital raising is a tremendous vote of confidence in Heritage Gold and
its new focus" says Trent Lash, Managing Director.

The company now has the money to advance exploration on its key gold
tenements and begin preliminary exploration of its recently acquired base
metal and uranium licences.

Heritage is ideally positioned to benefit from the renewed enthusiasm for
gold stocks, resulting from a current record gold price of around US$900 that is predicted to go even higher.

Any drilling success on its high quality gold projects in the Coromandel
region of New Zealand can be expected to have a material impact on the share
price.

Sue Sangster
Company Secretary

Sorry but the Last Paragraphs don't tell the updated story in this case

[nztx]

I dont know about that document, but if you you find their marriage certificate, Frank's wish would be that you rip it up as quick as you can!

Posting #1195 under (3 July 2007) tends to clear up any misunderstandings on the Susan's:


https://www.sharetrader.co.nz/showth...830&viewfull=1

Heritage gets a mention in the business gossip section of the SMH


http://www.smh.com.au/news/cbd/direc...08.html?page=2

Sangster in company

Socialite Lady (Susan) Renouf has popped up in all sorts of places before - but company secretary of a Kiwi gold explorer?

Before becoming Lady Renouf in the '80s when she married the late Kiwi tycoon Sir Frank, the Toorak resident and grand dame divorcee was known as Susan Sangster after her union with racing tycoon Robert Sangster.

So we were rightly shocked when Susan Sangster recently popped up on a disclosure notice for Heritage Gold.

But it turns out Susan Lee Sangster is a "respectably married mother of several children" who lives in Auckland and is not linked in any way with Lady Renouf. "I followed the other Sangster's exploits with interest [but] although I am an Australian ... I never made the connection," Heritage's chief miner, Peter Atkinson admitted. "[Mrs Sangster] is a good honest Kiwi."

But he joked he would consider hiring Lady Renouf as a fine covergirl for a Heritage Gold annual report.

[Bluemanarc]

What is Mat Hills net worth ?

He must have massed a fair bit of a property / business empire on 400k for all those years.

Just saying.

That empire built on truth and honest non corrupt corporate activities ?

[Weta]

What is Mat Hills net worth ?

To state the obvious, the general consensus around here is that he is worthless.

[Baa_Baa]

To state the obvious, the general consensus around here is that he is worthless.

Quite the contrary actually which is the conundrum. He has a large shareholding via various entities, in the top 20. He is also a specialist in capital raising. The company needs capital, a lot of it, to really make the shift. Despite the lack of performance moving from explorer to producer, he has enabled the company funding. If he goes I think the Board have a very serious problem which could set the company back years. All the IP and the avenue to capital could leave. How would you feel about owning a gold mining claim without any of the core skills you need in your management team?

[Weta]

Quite the contrary actually which is the conundrum. He has a large shareholding via various entities, in the top 20. He is also a specialist in capital raising.

How many millions have been raised over say the last 10 years? What percentage of that revenue has been converted into an actual useable/tangible asset?

Matt wouldn't be anywhere near as good at raising capital if the majority of what was raised didn't end up in his own pocket.