New Talisman appoints new auditor due to market cap growth

Thu, 08 May 2025

New Talisman Gold Mines has announced a change of auditor, appointing Baker Tilly Staples Rodway as its new auditor for the year ended March 31, 2025.

The decision to change auditor was prompted by a limitation imposed on the company's previous auditor, UHY Haines Norton, which has an audit licence from the Financial Markets Authority (FMA) that restricts its audit work to companies with a market capitalisation of no more than $60 million.

New Talisman Gold Mines experienced a significant increase in market capitalisation, briefly exceeding $60m in March 2025.

The company clarified that the decision to change auditor was not a reflection of the quality of service provided by UHY Haines Norton.

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