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Artemis Resources Limited — Capital/Financing Update 2017
Feb 15, 2017
10429_rns_2017-02-15_19f02cf8-d883-41dc-af0c-924938a2d551.pdf
Capital/Financing Update
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ASX / Media Announcement 16 February 2017
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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
ARTEMIS TO COMPLETE $1.425 MILLION CAPITAL RAISING TO FAST TRACK CARLOW CASTLE DRILLING
Artemis Resources Limited (ASX Code: ARV) (Artemis or the Company) advises that it has received firm commitments to raise $1.425 million (before costs) through the issue of 19,000,000 shares at 7.5 cents per share.
The placement has seen significant institutional support from London, New York and Australia.
Funds raised will be used for:
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Gold production at Nickol River¹ - Treatment Plant scheduled to be operational by the end of March 2017.
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Carlow Castle drilling for Cobalt, Copper, Gold²
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Weerianna Gold Project trenching and follow up drilling³
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Silica Hills and Purdy’s Reward exploration⁴
Directors:
The commodities in the Artemis portfolio include platinum, palladium, nickel, copper, cobalt, zinc and gold. Cobalt is a key component in the growing EV and energy storage market, a focus for the Company.
Executive Chairman David Lenigas
Executive Directors Ed Mead Alex Duncan-Kemp
Non-Executive Directors George Frangeskides Campbell Baird
Company Secretary: Guy Robertson
Corporate Information ASX Code: ARV
Guy Robertson Company Secretary
CONTACTS
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]
¹ASX Announcements 4/1/17, 25/1/17 and 31/1/17 ²ASX Announcement 15/2/17 ³ASX Announcement 9/1/17 ⁴ASX Announcements 16/11/16 and 24/11/16
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