AI assistant
Artemis Resources Limited — Capital/Financing Update 2017
Jul 16, 2017
10429_rns_2017-07-16_62b02ee0-0903-4e92-bc58-106c060c3eef.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
ASX / Media Announcement
==> picture [202 x 74] intentionally omitted <==
17 July 2017
Artemis Resources Limited ARBN: 80 107 051 749
Level 3, IBM Building, 1060 Hay Street, West Perth, WA Australia, 6006
PO Box R933 Royal Exchange NSW Australia, 1225
Phone: +61 2 9078 7670 Facsimile: +61 2 9078 7661 Email: [email protected] Website: artemisresources.com.au
INSTITUTIONAL CAPITAL RAISE OF $1.5 MILLION
Artemis Resources Limited (ASX Code: ARV) advises that it has received a firm commitment from one London Institution, Global Investment Strategy UK Ltd, to raise $1.5 million (before costs) through the issue of 20 million shares at 7.5 cents per share.
Funds raised will be used for:
-
✓ Supporting the Company’s gold growth strategy, in particular its Joint Venture with Novo Resources Corp. at its Purdy’s Reward Gold Project as the parties move this new and exciting conglomerate gold play further up the value curve.
-
✓ The next phase of investment in the Company’s cobalt growth strategy.
-
✓ Working capital purposes.
Guy Robertson Company Secretary
Directors:
CONTACTS:
Executive Chairman David Lenigas
Executive Directors Ed Mead Alex Duncan-Kemp
For further information on this update or the Company generally, please visit our website at www.artemisresources.co.au or contact:
Investors / Shareholders Media Edward Mead David Tasker Executive Director Professional Public Relations Telephone: +61 407 445 351 Telephone: +61 433 112 936 Email: [email protected] Email: [email protected]
Company Secretary: Guy Robertson
Corporate Information ASX Code: ARV
1 | P a g e