Artemis Resources Limited — Share Issue/Capital Change 2017

Sep 17, 2017

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18 September 2017

Australian Securities Exchange Exchange Plaza 2 The Esplanade Perth WA 6000

NOTICE OF EXPIRY OF OPTIONS

Artemis Resources Limited (ASX:ARV) wishes to advise that an Option Expiry Notice has been sent to

option holders in relation to the expiry of the Company’s Listed Options (ASX: ARVO) on 29 September 2017.

Listed Options may be exercised at any time from now until 7.00pm AEST on the last trading day being 29 September 2017.

A copy of the Option Expiry Notice sent to options holders is attached.

Yours faithfully

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

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18 September 2017

Dear Optionholder

NOTICE OF EXPIRY OF OPTIONS

Artemis Resources Limited’s records indicate that you are the holder of listed options (ARVO) in the Company. The Company gives notice as follows in relation to your optionholding:

• a) The number of options held by you and the amount payable if you were to exercise all your options is shown on the attached statement. Each option entitles you to subscribe for one fully paid ordinary share in the Company.

• b) The exercise price per option is $0.02 per option. An option exercise form is attached to this notice. Bpay details are on the form.

• c) The due date for payment is 30 September 2017. The consequences of non-payment of the exercise of the option is that the option will automatically lapse if not exercised before 5.00pm AEST on 29 September 2017.

• d) The date that quotation of the options on ASX will end is Tuesday 25 September 2017.

• e) The latest available market price of the fully paid ordinary shares on 14 September 2017 was $0.225.

• f) The highest price of the shares in the 3 months immediately preceding this notice was $0.27 per share, last reached on 21 August 2017.

• g) The lowest market price of the shares in the three months immediately preceding this notice was $0.055, on 12 July 2017.

• h) The options are not underwritten.

You are not obliged to exercise your options and should seek independent advice if you are considering doing so.

Yours faithfully

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

NOTICE OF EXERCISE OF OPTIONS

THIS DOCUMENT IS IMPORTANT. IF YOU ARE IN DOUBT AS TO HOW TO DEAL WITH IT, PLEASE CONTACT YOUR STOCK BROKER OR LICENSED PROFESSIONAL ADVISOR.

REGISTERED OFFICE: o LEVEL 3 IBM BUILDING 1060 HAY STREET WEST PERTH WA 6005 AUSTRALIA

ARTEMIS RESOURCES LTD

ABN: 80 107 051 749

SHARE REGISTRY: Security Transfer Australia Pty Ltd All Correspondence to: PO Box 52 Collins Street West VIC 8007

«Post Barcode»[«Post_zone»]

«Company_code» «Sequence_number»

«Holder_name» «Address_line_1» «Address_line_2» «Address_line_3» «Address_line_4» «Address_line_5»

T: 1300 992 916 F: +61 8 9315 2233 E: registrar@securitytransfer.com.au W: www.securitytransfer.com.au

ASX Code: ARVO Holder Number: Number of Options: Amount Payable:

NOTICE OF EXERCISE OF OPTIONS EXPIRING 29 SEPTEMBER 2017 @ $0.02 EACH

I/We the above named being the registered holder of Options hereby exercise such Options to subscribe for:

NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE	NUMBER OF NEW ORDINARY FULLY PAID SHARES AMOUNT ENCLOSED @ $0.02 PER SHARE
			,				,				$			,				,				.

I/We hereby authorise you to place my/our name(s) on the register of members in respect of the number of New Shares allotted to me/us, and I/we agree to accept such Shares subject to the Rules of the Constitution of the Company.

Individual or Securityholder 1

Sole Director & Company Secretary

Securityholder 2 Director/Company Secretary Director

Securityholder 3

My/Our contact details in case of enquiries are:

NAME

TELEPHONE NUMBER ( )

EMAIL ADDRESS

PAYMENT INFORMATION

CHEQUE / MONEY ORDER

Biller code: 159483

All cheques (expressed in Australian currency) are to be made payable to ARTEMIS RESOURCES LTD and crossed "Not Negotiable". Ref: <> Do not forward cash as receipts will not be issued. Telephone & Internet Banking – BPAY[®] Contact your bank or financial institution to make this payment from your Sufficient cleared funds should be held in your account as your acceptance cheque, savings, debit, or transaction account. More info: www.bpay.com.au

Sufficient cleared funds should be held in your account as your acceptance may be rejected if your cheque is dishonoured.

® Registered to BPAY Pty Ltd ABN 69 079 137 518 Cheques or bank drafts drawn on overseas banks in Australian or any Applicants should be aware of their financial institution's cut-off time (the time foreign currency will NOT be accepted. Any such cheques will be returned payment must be made to be processed overnight) and ensure payment is and the acceptance deemed to be invalid. processed by their financial institution on or before the day prior to the expiry date. BPAY applications will only be regarded as accepted if payment is received by the When completed, this form together with the appropriate payment should be registry from your financial institution on or prior to the expiry date. It is the forwarded to the share registry. Applicant's responsibility to ensure funds are received by the expiry date.

Your BPAY reference number is unique to these Options and is not to be used for any other offer.

BPAY PAYMENT OR THE RETURN OF THIS FORM WITH THE REQUIRED REMITTANCE WILL CONSTITUTE YOUR EXERCISING OF THE OPTIONS. You do not need to return this form if you have made payment via BPAY.

E & O.E.

REGISTRY DATE STAMP

• ARVOEX150917

ARV

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