Interim report
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RNS Number : 0749X Talisman Metals PLC 30 September 2026 TALISMAN METALS PLC Talisman Metals PLC ( " Talisman " or the " Company " ) Interim Results for the six months ended 30 June 2026 Talisman Metals PLC ( " Talisman " or the " Company " ) announces its interim financial statements and report covering the six - months ended 30 June 2026 . available A copy of the interim results is at the Company's website , https://talismanmetalsplc.com/investors/reports and extracts are included at the end of this announcement . CEO Statement Today we published Talisman's financial statements covering the six - month period to the end of June 2026 , which are also posted on our website . On 27 January 2026 the Company's shareholders approved a transaction to acquire 100 % of Tadeen International Limited ( " Tadeen " ) , a UK - registered company , which indirectly owns 100 % of a portfolio of mineral exploration licenses in Morocco prospective for copper and silver ( the " Transaction " ) . The Transaction set Talisman on a new course of development with a new team and focus . On 16 February 2026 the Company announced a binding agreement to acquire the Tirzzit Copper Project in Morocco from Aya Gold and Silver , Inc. ( which is still in the process of regulatory transfer and management anticipates will be complete later this year ) . Subsequent to the reporting period end , on 20 August 2026 the Company completed a share placement of £ 501,800 in gross proceeds through the issue of 7,168,570 new ordinary shares . Throughout the entire reporting period and subsequently , the Company performed ongoing exploration work at both the Fougnar and Tirzzit Projects . As at 30 June 2026 , the Company had cash and cash equivalents amounting to € 1.417 million ( US $ 1.615 million ) and management continues to carefully manage Talisman's financial resources . The Company has no long - term debt nor any contingent future payments relating to its assets and projects . The costs incurred during the reporting period relate to the costs of closing the Transaction , as well as exploration activities and administration costs . I note that under IFRS accounting rules , and the financial nature of the Transaction , our Interim Results have not recognised any goodwill on the acquisition of our Moroccan projects as a non - current asset and all subsequent exploration expenditure has been expensed to the Income Statement . However , as we advance our Moroccan projects , the accounting treatment of this activity will be kept under review and may change . I would like to thank the management team of the Company , our partners and contractors , and the Board of Directors for their support . Tim McCutcheon - CEO and Director End For further information : Talisman Metals PLC Tim McCutcheon ( Chief Executive Officer and Director ) Tel +353 ( 0 ) 1525 6710 contactus@talismanmetalsplc.com Beaumont Cornish Limited ( Nominated Adviser ) James Biddle / Roland Cornish Tel : +44 ( 0 ) 207 628 3396 CMC Markets UK Plc ( Broker ) Thomas Smith / Thomas Curran Tel : +44 ( 0 ) 20 3003 8255 BlytheRay ( Financial PR )