Artemis Resources Limited — Share Issue/Capital Change 2021

Dec 19, 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

Monday December 20, 2021

The +securities the subject of this notification are: Other

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	Unlisted Options with exercise price $0.15 and	2,000,000	20/12/2021
to be confirmed	expiry date 20 December 2024

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

20/12/2021

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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

Please specify

Director Options approved at AGM on 25 November 2021 Resolution 8

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

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New +securities
ASX +security code +Security description
New class - code to be confirmed Unlisted Options with exercise price $0.15 and expiry date
20 December 2024
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+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
20/12/2021
Will all the +securities issued in this	class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.15000000 20/12/2024 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description Ordinary Fully Paid Shares Any other information the entity wishes to provide about the +securities the subject of this notification Exercise price $0.15 with expiry date 20 December 2024

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

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Issue of options to Director approved by shareholders at Annual General Meeting on 25 November 2021

Issue details

Number of +securities

2,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities Issued as part of Director remuneration package Purpose of the issue Other

Additional Details

Director Incentive and part of remuneration package

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

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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
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 : Unlisted Options with exercise price $0.15 and expiry	2,000,000
date 20 December 2024

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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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