Artemis Resources Limited — Share Issue/Capital Change 2012

Jun 25, 2012

Appendix�3B� New�issue�announcement�

Rule�2.7,�3.10.3,�3.10.4,�3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information�or�documents�not�available�now�must�be�given�to�ASX�as�soon�as�available.��Information�and� documents�given�to�ASX�become�ASX’s�property�and�may�be�made�public.�

Introduced�1/7/96.��Origin:�Appendix�5.��Amended�1/7/98,�1/9/99,�1/7/2000,�30/9/2001,�11/3/2002,�1/1/2003,�24/10/2005.

Name�of�entity�

Artemis�Resources�Limited�

ABN�

80�107�051�749�

We�(the�entity)�give�ASX�the�following�information.�

Part 1 - All issues

You�must�complete�the�relevant�sections�(attach�sheets�if�there�is�not�enough�space).

1 +Classof+securitiesissuedorto beissued 2 Numberof+securitiesissuedor tobeissued(ifknown)or maximumnumberwhichmaybe issued 3 Principaltermsofthe+securities (eg,ifoptions,exercisepriceand expiry date; if partly paid +securities, the amount outstandingandduedatesfor payment; if +convertible securities,theconversionprice anddatesforconversion)	Issueofordinaryshares
	156,000,000

+�See�chapter�19�for�defined�terms.�

24/10/2005�Appendix�3B��Page�1�

Appendix�3B� New�issue�announcement�

4 Dothe+securitiesrankequallyin allrespectsfromthedateof allotmentwithanexisting+class ofquoted+securities? Iftheadditionalsecuritiesdonot rankequally,pleasestate: � thedatefromwhichtheydo � theextenttowhichthey participate for the next dividend,(inthecaseofa trust,distribution)orinterest payment � theextenttowhichtheydo notrankequally,otherthanin relationtothenextdividend, distribution or interest payment 5 Issuepriceorconsideration 6 Purposeoftheissue (Ifissuedasconsiderationforthe acquisition of assets, clearly identifythoseassets) 7 Datesofentering +securities intouncertificatedholdingsor despatchofcertificates 8 Number and +class of all +securities quoted on ASX (including the securities in clause2ifapplicable)	Yes	Yes
	AsconsiderationfortheacquisitionofKarratha MetalsLimited
	AsoutlinedinNoticeofMeetingdated16May 2012andapprovedbyshareholdersataGeneral Meetingheldon15June2012.
	26June2012
	Number	+Class
	481,390,396	Shares.

+�See�chapter�19�for�defined�terms.�

Appendix�3B�Page�2�

24/10/2005�

Appendix�3B� New�issue�announcement�

9 Number and +class of all +securitiesnotquotedonASX (including the securities in clause2ifapplicable)	Number	+Class
	10,000,000 3,562,500 250,000 1,000,000 1,350,000 3,100,000 833,333 10,000,000	4coptionsexercisable before14December 2014 15coptionsexercisable before30June2012 10coptionsexercisable before30June2012 7coptionsexercisable before30June2013, withvaryingvesting datesandconditions 7coptionsexercisable before30June2012, withvaryingvesting datesandconditions 7coptionsexercisable before30September 2013 8coptionsexercisable before30September 2013 4coptionsexercisable before30November 2014

• 10� Dividend�policy�(in�the�case�of�a� The�Shares�issued�rank�pari�passu�with�all�other� trust,�distribution�policy)�on�the� Shares�with�respect�to�dividend�policy.� increased�capital�(interests)�

Part 2 - Bonus issue or pro rata issue

• 11� Is� security� holder� approval� N/A� required?�

• 12� Is�the�issue�renounceable�or�non� N/A� renounceable?�

• 13� Ratio�in�which�the�[+] securities� N/A� will�be�offered�

• 14� +Class�of�+securities�to�which�the� N/A� offer�relates�

• 15� +Record� date� to� determine� N/A entitlements�

+�See�chapter�19�for�defined�terms.�

24/10/2005�Appendix�3B�Page�3�

Appendix�3B� New�issue�announcement�

16 Will holdings on different registers(orsubregisters)be aggregated for calculating entitlements? 17 Policyfordecidingentitlements inrelationtofractions 18 Namesofcountriesinwhichthe entityhas+securityholderswho willnotbesentnewissue documents Note:Securityholdersmustbetoldhowtheir entitlementsaretobedealtwith. Crossreference:rule7.7. 19 Closing date for receipt of acceptancesorrenunciations 20 Namesofanyunderwriters 21 Amountofanyunderwritingfee orcommission 22 Namesofanybrokerstothe issue 23 Feeorcommissionpayableto thebrokertotheissue 24 Amountofanyhandlingfee payabletobrokerswholodge acceptancesorrenunciationson behalfof+securityholders 25 Iftheissueiscontingenton +securityholders’approval,the dateofthemeeting 26 Dateentitlementandacceptance formandprospectusorProduct DisclosureStatementwillbesent topersonsentitled 27 Iftheentityhasissuedoptions, andthetermsentitleoption holders to participate on exercise,thedateonwhich noticeswillbesenttooption holders	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A

+�See�chapter�19�for�defined�terms.�

Appendix�3B�Page�4�

24/10/2005�

Appendix�3B� New�issue�announcement�

28 Daterightstradingwillbegin(if applicable) 29 Daterightstradingwillend(if applicable) 30 Howdo+securityholderssell theirentitlements_infull_through abroker? 31 Howdo+securityholderssell part of their entitlements throughabrokerandacceptfor thebalance? 32 How do +security holders disposeoftheirentitlements (except by sale through a broker)? 33 +Despatchdate	N/A
	N/A
	N/A
	N/A
	N/A
	N/A

Part 3 - Quotation of securities

You�need�only�complete�this�section�if�you�are�applying�for�quotation�of�securities�

• 34� Type�of�securities�� ( tick�one )�

• (a)� Securities�described�in�Part�1�–�Shares��

• (b)� All�other�securities�

Example:�restricted�securities�at�the�end�of�the�escrowed�period,�partly�paid�securities�that�become�fully�paid,� employee�incentive�share�securities�when�restriction�ends,�securities�issued�on�expiry�or�conversion�of�convertible� securities�

Entities that have ticked box 34(a)

Additional�securities�forming�a�new�class�of�securities�

Tick�to�indicate�you�are�providing�the�information�or� documents

35� If�the�[+] securities�are�[+] equity�securities,�the�names�of�the�20�largest�holders�of�the� additional�[+] securities,�and�the�number�and�percentage�of�additional�[+] securities� held�by�those�holders�

+�See�chapter�19�for�defined�terms.�

24/10/2005�Appendix�3B�Page�5�

Appendix�3B� New�issue�announcement�

36� If�the�[+] securities�are�[+] equity�securities,�a�distribution�schedule�of�the�additional� +securities�setting�out�the�number�of�holders�in�the�categories� 1���1,000� 1,001���5,000� 5,001���10,000� 10,001���100,000� 100,001�and�over� 37� A�copy�of�any�trust�deed�for�the�additional�[+] securities�

Entities that have ticked box 34(b)

38 Number of securities for which +quotationissought 39 Class of +securities for which quotationissought 40 Dothe+securitiesrankequallyinall respectsfromthedateofallotment withanexisting +classofquoted +securities? Iftheadditionalsecuritiesdonotrank equally,pleasestate: � thedatefromwhichtheydo � theextenttowhichtheyparticipate forthenextdividend,(inthecase ofatrust,distribution)orinterest payment � theextenttowhichtheydonot rankequally,otherthaninrelation tothenextdividend,distribution orinterestpayment 41 Reasonforrequestforquotationnow Example:Inthecaseofrestrictedsecurities,endof restrictionperiod (ifissueduponconversionofanother security,clearlyidentifythatother security) 42 Numberand+classofall+securities quoted on ASX (including the securitiesinclause38)
	Number	+Class

+�See�chapter�19�for�defined�terms.�

Appendix�3B�Page�6�

24/10/2005�

Appendix�3B� New�issue�announcement�

Quotation�agreement�

1� +Quotation�of�our�additional� +securities�is�in�ASX’s�absolute�discretion.��ASX� may�quote�the�[+] securities�on�any�conditions�it�decides.���

• 2� We�warrant�the�following�to�ASX.�

• The�issue�of�the�[+] securities�to�be�quoted�complies�with�the�law�and�is� not�for�an�illegal�purpose.�

• There�is�no�reason�why�those�[+] securities�should�not�be�granted� +quotation.�

• An�offer�of�the�[+] securities�for�sale�within�12�months�after�their�issue� will�not�require�disclosure�under�section�707(3)�or�section�1012C(6)�of� the�Corporations�Act.���

Note:�An�entity�may�need�to�obtain�appropriate�warranties�from�subscribers�for�the�securities�in�order�to�be� able�to�give�this�warranty�

• Section�724�or�section�1016E�of�the�Corporations�Act�does�not�apply�to� any�applications�received�by�us�in�relation�to�any�[+] securities�to�be� quoted�and�that�no�one�has�any�right�to�return�any�[+] securities�to�be� quoted�under�sections�737,�738�or�1016F�of�the�Corporations�Act�at�the� time�that�we�request�that�the�[+] securities�be�quoted.�

• If�we�are�a�trust,�we�warrant�that�no�person�has�the�right�to�return�the� +securities�to�be�quoted�under�section�1019B�of�the�Corporations�Act�at� the�time�that�we�request�that�the�[+] securities�be�quoted.�

• 3� We�will�indemnify�ASX�to�the�fullest�extent�permitted�by�law�in�respect�of�any� claim,�action�or�expense�arising�from�or�connected�with�any�breach�of�the� warranties�in�this�agreement.�

• 4� We�give�ASX�the�information�and�documents�required�by�this�form.��If�any� information�or�document�not�available�now,�will�give�it�to�ASX�before� +quotation�of�the� +securities�begins.��We�acknowledge�that�ASX�is�relying�on� the�information�and�documents.��We�warrant�that�they�are�(will�be)�true�and� complete.�

==> picture [110 x 81] intentionally omitted <==

26�June�2012� Sign�here:�� ............................................................�Date:�.........................� (Company�Secretary)� Print�name:�� Guy�Robertson........................�

+�See�chapter�19�for�defined�terms.�

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