Artemis Resources Limited — Share Issue/Capital Change 2023

Mar 8, 2023

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 March 09, 2023

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	Options	102,000,000	08/03/2023
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

9/3/2023

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Options as outlined in Appendix 3B lodged on 1 March 2023

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 Options
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
8/3/2023
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.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02638529-6A1138830?access_token=8
3ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.02500000 9/3/2026
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Options with exercise price $0.025 and expiry 9 March 2026.
The Company will make application to the ASX for listing of the options.
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Any other information the entity wishes to provide about the +securities the subject of this notification

The options have an exercise price of $0.025 and an expiry date of 9 March 2026. The Company will apply to the ASX to have the options listed

Please provide any further information needed to understand the circumstances in which you are notifying the

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

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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

Announced to the market in Appendix 3B dated 1 March 2023. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02638529-6A1138830?access_token=8 3ff96335c2d45a094df02a206a39ff4

Issue details

Number of +securities

102,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

85,000,000 as free attaching options on the basis of one option for every two new shares. 17,000,000 options issued to broker, or their nominees for services rendered. Issued at $0.00001 per option

Purpose of the issue

To raise additional working capital

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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	1,391,418,371
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
ARVAV : OPTION EXPIRING 31-JUL-2025 EX $0.05	25,000,000
ARVAT : OPTION EXPIRING 20-DEC-2024 EX $0.15	2,000,000
ARVAQ : OPTION EXPIRING 01-MAY-2023 EX 4C	1,000,000
ARVAS : OPTION EXPIRING 31-JUL-2023 EX 7C	7,500,000
New class - code to be confirmed : Options	102,000,000

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

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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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

102,000,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? N/A

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