Artemis Resources Limited — Capital/Financing Update 2017

Oct 4, 2017

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5 October 2017

Company Announcements

ASX Limited

Information Disclosed Under ASX LR 3.10.5A and 7.1A.4(b)

Further to the ASX announcement of today’s date and Appendix 3B lodged by Artemis Resources Limited (Artemis or the Company) today regarding the share placement of 60,000,000 shares at 20 cents per share to raise $12 million (before costs), Artemis provides the following additional information under ASX Listing Rule 3.10.5A:

• (a) The Company issued a total of 60,000,000 fully paid ordinary shares, of which 15,000,000 were issued under Listing Rule 7.1A.

The securities issued under Listing Rule 7.1A resulted in the following dilution to existing holders of ordinary securities.

• Number of fully paid ordinary shares on issue prior to this issue of securities under LR7.1A was 524,183,415.

• Number of fully paid ordinary shares on issue following this issue of securities under LR7.1A was 539,183,415.

• Percentage of voting dilution following this issue is 2.86%.

• (b) Artemis issued the shares as a placement under Listing Rule 7.1A as operationally it was important to conclude this transaction at this time, and the price at which the funds have been raised is equivalent to the 15 day VWAP prior to the date the price of the issue was agreed on 19 September 2017.

• (c) The placement was not underwritten.

• (d) Broker fees of 6% are payable in connection with the issue.

Guy Robertson Company Secretary

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Artemis Resources Limited ABN: 80 107 051 749 Telephone: +61 8 9480 0459 | Facsimile: +61 2 9078 7661 | Email: info@artemisresources.com.au IBM Building Level 3, 1060 Hay Street, PERTH WA 6005 | PO Box R933 Royal Exchange, NSW 1225 Australia

www.artemisresources.com.au