REG - Artemis Resources Ld - Update on recent market activity

Artemis ResourcesAnnouncement

09/02/2024 10:30

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RNS Number : 6632C  Artemis Resources Limited  09 February 2024

9(th) February 2024

 

Artemis Resources Limited

('Artemis' or the 'Company')

TRADING HALT

 

Artemis Resources Limited (ASX/AIM: ARV) wishes to provide this update to
shareholders on recent market activity.

The Company has been methodically exploring its West Pilbara tenement package
for lithium mineralisation. Some of this tenure is located on the Osborne
tenement which is the subject of a lithium joint venture with Australian
Securities Exchange (ASX) listed company Greentech Metals Ltd ('Greentech')
(ASX:GRE) (Osborne JV - ARV:49%, GRE:51%).

During the course of trading on the ASX on the 8(th) February 2024, the share
price of Greentech increased considerably and the ASX subsequently issued
Greentech with a price query statement. Due to the price query and as there
are laboratory assays pending release, Greentech felt it appropriate to halt
trading of its stock on the ASX to prevent any further speculative trading.

The Company's shares will continue to trade on AIM.

As the pending assay results relate to the joint venture tenement, Artemis
also thought it prudent to halt trading of its stock on the ASX.

The assay information is currently being assessed and an announcement will be
drafted and released to market upon exit on the trading halt, which is
expected to be Tuesday, 13(th) February.

 

This announcement was approved for release by the Board.

 

 Artemis Resources Ltd
 George Ventouras, Executive Director         george.ventouras@artemisresources.com.au
                                              (mailto:george.ventouras@artemisresources.com.au)

 WH Ireland Limited (Nomad & Broker)
 Antonio Bossi / James Bavister                Tel:  +44 20 7220 1666

 / Isaac Hooper

 

About Artemis Resources

Artemis Resources (ASX/AIM: ARV; FRA: ATY; US: ARTTF) is a gold, copper and
lithium focused resources company with projects in Western Australia. The Mt
Marie Lithium Project, the Osborne Lithium JV (Artemis 49%; GreenTech Metals
(ASX:GRE) 51%) and the Carlow Castle gold-copper-cobalt project in the West
Pilbara; and the Paterson Central project in the Paterson Province (located
adjacent to Greatland Gold / Newcrest's recent gold-copper discovery at
Havieron).

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

For more information, please visit www.artemisresources.com.au
(http://www.artemisresources.com.au)

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