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Share Price: 0.775

Bid: 0.75

Ask: 0.80

Change: 0.00 (0.00%)

Spread: 0.05 (6.667%)

Open: 0.775

High: 0.775

Low: 0.775

Prev. Close: 0.775

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IN BRIEF: Artemis Resources raises exploration funds with placing

Fri, 10th May 2024 20:13

Artemis Resources Ltd - London-based mineral exploration company focused on copper, gold and polymetallic assets in Indonesia - Raises AUD2.9 million via placing at AUD0.01275 per share. Says the placing, with "sophisticated" and institutional investors, was significantly oversubscribed and well supported by existing shareholders. Artemis also issues one free attaching warrant for every two placing shares, with an exercise price of AUD0.025 each and expiry date of March 9 2026. Plans to use the additional funding to undertake further exploration programs.

Current stock price: 0.78 pence

12-month change: down 0.6%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

10 May 2024 16:39

EARNINGS AND TRADING: Asiamet Resources declares special dividend

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

10 May 2024 16:39

EARNINGS AND TRADING: Asiamet Resources declares special dividend

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

10 May 2024 11:29

Artemis raises AUD 2.9m to fund further exploration

(Sharecast News) - Artemis Resources announced on Friday that it has successfully secured firm commitments for a capital raising of AUD 2.87m (£1.51m), priced at AUD 0.01275 per share, with significant support reported from both sophisticated and institutional investors.

17 Apr 2024 13:38

IN BRIEF: Artemis identifies gold and copper targets at West Pilbara

Artemis Resources Ltd - Western Australia-focused gold, copper and lithium explorer - Identifies gold and copper targets in West Pilbara, Australia, with multiple prospects identified across the Carlow, Silica Hills and Osborne tenements. Says peak rock chip assay results hit 23 grammes per tonne of gold at the Orpheus prospect. Says priority targeting is currently underway to expand its gold exploration program, in addition to drilling at the Lulu Creek prospect. Director George Ventouras says: "Through a recent internal review of Artemis historical tenement data, we have uncovered numerous prospects that display high prospectivity and compelling first pass results. Given the current gold price and market sentiment, we are very excited by the opportunity to explore these further. Given the Company's tenement locations and the dual streams of lithium and gold, we are confident that the pathway forward will be a positive development for the company."

4 Apr 2024 17:24

TRADING UPDATES: Northcoders launches bootcamp; Schroder invests

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

14 Mar 2024 20:56

EARNINGS AND TRADING: Castillo losses double; GCP proposes wind-down

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

6 Mar 2024 15:35

IN BRIEF: Artemis Resources celebrates lithium oxide find in Pilbara

Artemis Resources Ltd - Western Australia-focused gold, copper and lithium explorer - Finds up to 4.67 lithium oxide at Mt Marie prospect at West Pilbara in the north of Western Australia. Executive Director George Ventouras says: "This second round of rock chip assay results provides further evidence of the potential scale and grade of the Artemis lithium discovery. These results from the Mt Marie prospect and the new zone identified at Osborne East, are opening up the lithium mineralised region considerably and suggests that a greater portion of the tenement area is now prospective for lithium mineralisation."

28 Feb 2024 14:14

IN BRIEF: Artemis Resources identifies new target at Paterson

Artemis Resources Ltd - Western Australia-focused gold, copper and lithium explorer - Says that an independent technical review at the firm's wholly-owned Paterson Gold project in Western Australia has identified a new priority target, dubbed Apollo North, via gravity anomaly. The target, or Hole 22PTMRD011, was found to have intercepted the same lithotypes and similar mineralisation as Havieron, which is a copper-gold discovery held by Newmont Mining Corp and Greatland Gold PLC. Artemis is now considering options to advance the project, including joint ventures and third party funding.

13 Feb 2024 10:05

IN BRIEF: Wild ride for Artemis Resources shares as ASX trade resumes

Artemis Resources Ltd - Western Australia-focused gold, copper and lithium explorer - Shares resume trading on the Australia Securities Exchange on Tuesday, after Artemis and joint-venture partner Greentech Metals Ltd release results of laboratory assays for their Osborne tenement at West Pilbara. Artemis on Monday says new outcrop sampling "confirms significant mineralisation" in Osborne's western extension. Artemis shares in London jumped 76% on Friday in response to the share suspension in Sydney. They added another 12% on Monday but are back down on Tuesday. Greentech shares also resume trading on ASX and close down 33% from their level on Thursday last week.

12 Feb 2024 11:36

IN BRIEF: Artemis Resources surges on encouraging West Pilbara update

Artemis Resources Ltd - Western Australia-focused gold, copper and lithium exploration company - says stratigraphic diamond holes indicate potential sub-vertical orientation of pegmatites at Kobe and Osborne targets. New outcrop sampling "confirms significant mineralisation" in Osborne's western extension. Rock chip sampling assays include 2.36% lithium oxide, 102 parts per million niobium pentoxide, and 45 ppm tantalum pentoxide.

9 Feb 2024 14:00

IN BRIEF: Artemis and Greentech suspended on ASX ahead of lab results

Artemis Resources Ltd - Western Australia-focused gold, copper and lithium exploration company - Trading in the shares of Artemis and of joint-venture partner Greentech Metals Ltd is halted on the Australian Securities Exchange to prevent speculative trading. This is because Greentech's share price "increased considerably" on Thursday, resulting in it being issued with a price query statement by the exchange in Sydney. Greentech shares had jumped by 45% on Thursday, and Artemis shares were up 19% on ASX on Friday before being halted at midday. "Due to the price query and as there are laboratory assays pending release, Greentech felt it appropriate to halt trading of its stock on the ASX to prevent any further speculative trading," Artemis says. The joint venture partners expect to release assay results for their Osborne tenement at West Pilbara on Tuesday next week.

5 Feb 2024 21:10

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Artemis Res Share News (ARV)

Share Price Information for Artemis Res (ARV)

IN BRIEF: Artemis Resources raises exploration funds with placing

EARNINGS AND TRADING: Asiamet Resources declares special dividend

EARNINGS AND TRADING: Asiamet Resources declares special dividend

Artemis raises AUD 2.9m to fund further exploration

IN BRIEF: Artemis identifies gold and copper targets at West Pilbara

TRADING UPDATES: Northcoders launches bootcamp; Schroder invests

EARNINGS AND TRADING: Castillo losses double; GCP proposes wind-down

IN BRIEF: Artemis Resources celebrates lithium oxide find in Pilbara

IN BRIEF: Artemis Resources identifies new target at Paterson

IN BRIEF: Wild ride for Artemis Resources shares as ASX trade resumes

IN BRIEF: Artemis Resources surges on encouraging West Pilbara update

IN BRIEF: Artemis and Greentech suspended on ASX ahead of lab results

TRADING UPDATES: Beowulf appoints project director; Kromek firms grant

TRADING UPDATES: Accrol makes buy; Artemis begins reconnaissance work

IN BRIEF: Artemis completes 3 diamond drill holds on Osborne JV

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