Artemis Resources Limited — Share Issue/Capital Change 2021

Dec 29, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

ARTEMIS RESOURCES LIMITED

Date of this announcement

Thursday December 30, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Performance Rights	6,000,000	30/12/2021
to be confirmed

Refer to next page for full details of the announcement

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

ARTEMIS RESOURCES LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

80107051749

1.3 ASX issuer code

ARV

1.4 The announcement is

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New announcement

1.5 Date of this announcement

30/12/2021

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code New class - code to be confirmed	+Security description Performance Rights
+Security type	ISIN code
Other

Date the +securities the subject of this notification were issued

30/12/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Steve Boda	Steve Boda	1,500,000
Allan Younger	Allan Younger	1,500,000

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02440144-6A1057719?access_token=8 3ff96335c2d45a094df02a206a39ff4

Any other information the entity wishes to provide about the +securities the subject of this notification

Vesting of performance rights is dependant on achieving milestones in calendar 2022, being share price achieving a 30 day VWAP of 25 cents, and the Carlow Castle Resource reaching 1.0m oz Au equivalent (Inferred + Indicated+ Measured).

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Issue details

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Number of +securities

6,000,000

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
ARV : ORDINARY FULLY PAID	1,254,997,651

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
ARVAD : OPTION EXPIRING 01-DEC-2023 EX $0.18	5,000,000
ARVAE : OPTION EXPIRING 01-DEC-2025 EX $0.18	5,000,000
ARVAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	23,729,195
ARVAT : OPTION EXPIRING 20-DEC-2024 EX $0.15	2,000,000
ARVAO : OPTION EXPIRING 31-JUL-2022 EX 5C	43,500,000
ARVAR : OPTION EXPIRING 31-JAN-2023 EX $0.07	43,500,000
ARVAQ : OPTION EXPIRING 01-MAY-2023 EX 4C	1,000,000
ARVAP : OPTION EXPIRING 31-JUL-2022 EX 5C	7,500,000
ARVAS : OPTION EXPIRING 31-JUL-2023 EX 7C	7,500,000
New class - code to be confirmed : Performance Rights	6,000,000

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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