Markets

What is going on at New Talisman?

Dan Brunskill
Wed, 13 Oct 2021

Charbel Nader and Matthew Hill have both been booted from the board of directors in a shareholder revolt. (Image: New Talisman)

Dan Brunskill
Wed, 13 Oct 2021

NZ’s listed market regulator placed gold miner New Talisman in a trading halt today after the board abruptly announced it was terminating its chief executive’s contract.Earlier this week, a shareholder revolt succeeded in overthrowing the company’s board and appointing a new chair, John Upperton, after booting three other directors.The directors pushed from the board included chair Charbel Nader and chief executive Matthew Hill.Early this morning, Upperton announced the board had given notice to terminate its management contra...

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What is going on at New Talisman?

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