REG - Artemis Resources Ld - Trading Halt on ASX

Artemis ResourcesAnnouncement

12/12/2024 07:00

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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 (http://www.artemisresources.com.au) or contact:

 Artemis Resources Ltd                         info@artemisresources.com.au (mailto:info@artemisresources.com.au)
 Guy Robertson, Chairman

 George Ventouras, Executive Director

 Zeus (Nomad & Broker)

 Antonio Bossi / James Bavister

                                               Tel:  +44 20 3829 5000

info@artemisresources.com.au (mailto:info@artemisresources.com.au)

 

 

 

Tel:  +44 20 3829 5000

 

 

 

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 +200km(2)
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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