Artemis Resources Limited Trading Halt on ASX

RNS Number : 7180P

Artemis Resources Limited

12 December 2024

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

12 December 2024

Artemis Resources Limited

 

("Artemis" or the "Company")

 

ASX Trading Halt

The Directors of Artemis (ASX/AIM: ARV, FRA: ATY, US: ARTTF) advise that trading in the shares of the Company has been halted on the Australian Securities Exchange ("ASX") effective from Thursday 12 December 2024 for the purposes of undertaking a capital raising book build. The funds are being raised in order to undertake further exploration work across the Company's portfolio of assets, including on its Gold projects, as well as to complement the Company's liquid assets for general working capital purposes.

 

The ASX trading halt is expected to remain in place until the earlier of the release of an announcement by the Company or the commencement of trading on 16 December 2024.

 

Trading of the Company's shares on the AIM market of the London Stock Exchange remains unaffected.

 

For further information on the Company, please visit www.artemisresources.com.au or contact: 

Artemis Resources Ltd Guy Robertson, Chairman George Ventouras, Executive Director Zeus (Nomad & Broker) Antonio Bossi / James Bavister

[e-mail]       Tel:  [phone]

 

 

About Artemis Resources

Artemis is a gold, copper and lithium focused resources company with projects in the north Pilbara region of Western Australia. The Company's main projects include;

·     Karratha Gold Project including the Carlow Castle gold/copper project

·     Karratha Lithium Project including the high-grade Mt Marie Lithium Prospect and the Osborne Lithium JV (Artemis 49%; GreenTech Metals (ASX:GRE 51%)

·     Paterson Central Gold/Copper project in the Paterson Province (adjacent to Greatland Gold's gold-copper discovery at Havieron and only ~42km from the Telfer gold mine)

·     Artemis also owns the Radio Hill processing plant, located 35km from Karratha

 

 

Artemis is focused on discovering multiple gold prospects within its +200km² tenement package that can build upon the initial Mineral Resource at Carlow. The majority of the tenement package has been lightly explored and is now the subject of methodical exploration programs with a view to identifying and testing gold targets associated with outcropping mineralized veins and alteration halos, interpreted EM anomalies, prospective geological structures and faults.

 

The Company will also continue to progress the Karratha Lithium project including the high-grade Mt Marie prospect and will look to advance this exciting project through further field work which will lead to drilling the most advanced targets in due course

 

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