Artemis Resources Limited — Capital/Financing Update 2014

Jun 26, 2014

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26 June 2014

Dear Option holder,

NON-RENOUNCEABLE ENTITLEMENT ISSUE

Artemis Resources Limited (ACN 107 051 749) ( Company ) is proposing a non-renounceable pro rata entitlement issue of 1 new share for every 2 existing shares held as at 7:00pm (AEST) on 8 July 2014 ( Record Date ), at an issue price of $0.003 per share with 1 free attaching option (exercisable at $0.003 on or before 31 July 2016) for every 4 new shares issued ( Entitlement Issue ).

Offers under the Entitlement Issue will be made under a prospectus to be lodged with ASIC and will be available on ASX website and the Company’s website shortly. Further information on the Entitlement Issue will be set out in the prospectus which will be sent to Eligible Shareholders soon after the Record Date.

Under the ASX Listing Rules and the terms of the options you hold, the Company must give you notice of new issue of securities prior to the record date.

The purpose of this letter is to give you notice that if you wish to participate in the Entitlement Issue with respect to your options, you must exercise your options before the Record Date by delivering an option exercise notice together with cleared funds to the Company’s share registry, Security Transfer Registrars Pty Ltd, by no later than 10am (AEST) on the Record Date. Eligible Shareholders should consider the prospectus and will need to complete the personalised entitlement and acceptance form that will accompany the prospectus if they wish to subscribe for securities under the Entitlement Issue.

If you do not wish to participate in the Entitlement Issue (in respect of your options) you do not need to take any action. The exercise price of your options will be reduced a result of the Entitlement Issue and in accordance with the Listing Rules.

Before deciding whether to exercise all or any of your options, you may wish to consult with your professional advisor.

Yours sincerely,

Guy Robertson Director

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Artemis Resources Limited ABN: 80 107 051 749 Telephone: +61 2 9078 7670 | 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