Artemis Resources Limited — Capital/Financing Update 2013

Sep 17, 2013

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18 September 2013

Australian Securities Exchange Company Announcements

Dear Sir

Shares Issued with Security Holder Approval under Listing Rule 7.1A

With reference to the Company’s Appendix 3B lodged with ASX on 12 September 2013, the following information is provided in accordance with Listing Rule 7.1A.4(b).

(a) details of the dilution to the existing holders of ordinary securities caused by the issue:

The Company issued 48,489,038 shares under Listing Rule 7.1A. This resulted in the following dilution to existing shareholders:

Number of shares on issue prior to share issue:	695,495,367
Shares issued under Listing Rule 7.1A:	48,489,038
Total shares on issue:	743,984,405
Percentage of voting dilution	6.97%
Percentage of the post-placement capital held in aggregate by:
Pre placement security holders who did not participate in the placement	80.7%
Pre placement security holders who did participate	16.0%
Participants in the placement who were not previously security holders	3.3%
	100.0%

(b) where the equity securities are issued for cash consideration, a statement of the reasons why the eligible entity issued the equity securities as a placement under rule 7.1A and not as (or in addition to) a pro rata issue or other type of issue in which existing ordinary security holders would have been eligible to participate.

The Company undertook a rights issue which closed on 23 August 2013. The Company had an additional demand from underwriters and to the extent that this could not be satisfied within the Company’s 15% capacity, it has utilised the capacity under Listing Rule 7.1A.

(c) details of any underwriting arrangements, including any fees payable to the underwriter.

There was no underwriting arrangement in respect of the 48,489,038 shares issued and no fees were payable.

(d) any other fees or costs incurred in connection with the issue.

The Company paid broker fees of 6% of the amount raised, or $18,911, in connection with the issue.

Yours faithfully

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Guy Robertson Director

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Artemis Resources Limited ABN: 80 107 051 749 Telephone: +61 2 9078 7660 | Facsimile: +61 2 9078 7661 | Email: info@artemisresources.com.au Level 9, 50 Margaret Street, SYDNEY NSW 2000 | PO Box R933 Royal Exchange, NSW 1225 Australia

www.artemisresources.com.au