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Listed mining prospector makes NZ capital-raising history

Dual-listed New Talisman Gold [NZX: NTL] is the first company to use new financial laws to make a rights offer in the “same class” regime.

The first phase of financial reforms, ushered in under the Financial Markets Conduct Act from April 1, allows companies to raise money more easily using continuous disclosure requirements, without a prospectus.

 

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