THIS ANNOUNCEMENT, INCLUDING THE APPENDICES TO THIS ANNOUNCEMENT, AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR NEW ZEALAND OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO .
7 February 2022
Artemis Resources Ltd
("Artemis Resources", the "Company" or together with subsidiaries, the "Group")
(ASX/AIM: ARV, FRA: ATY, US: ARTTF)
Admission to trading on AIM and First Day of Dealings
Artemis Resources, an Australian-based and ASX-listed mining exploration and development company, is pleased to announce that the admission of its ordinary shares of no par value ("Ordinary Shares") on AIM will take place, and dealings will commence, today at 8.00 a.m. under the ticker ARV and ISIN AU000000ARV3.
The Company's Admission Document is available on the Company's website at www.artemisresources.com.au
Summary and Highlights
Artemis Resources is led by an experienced Board and management team, with an impressive and demonstrable track record, focused on creating shareholder value from its 100% owned projects in Western Australia - the Paterson Central project, adjacent to the Havieron gold and copper discovery near Telfer in the East Pilbara, and the Greater Carlow Gold-Copper-Cobalt Project in the West Pilbara.
The Company successfully completed a placing and direct subscription of Ordinary Shares on 25 January 2022 raising £5 million gross proceeds through the issue of 133,333,333 new Ordinary Shares at 3.75p per share (the "Fundraise"). Upon Admission, the Group will have a market capitalisation (at the Fundraise price of 3.75p per Ordinary Share) of approximately £52 million and will have 1,388,330,984 total ordinary shares in issue. The Ordinary Shares issued pursuant to the Fundraise represent 9.6 per cent. of the Enlarged Share Capital.
Mark Potter, Chairman of Artemis Resources, commented:
" We are delighted to commence trading on the AIM market of the London Stock Exchange today, providing new and existing UK and European investors an efficient way to own and trade our stock. I believe that Artemis offers a highly-attractive investment opportunity with our 100%-owned Paterson Central and Greater Carlow gold and copper projects located in the safe, tier one mining jurisdiction of Western Australia. We have expansive exploration programmes planned for 2022 and we look forward to a busy and productive year."
ASX and AIM Share Transferability
Artemis Resources stock is fully fungible each way between the ASX and AIM. Investors can chose to hold uncertificated shares on the Australian share register in CHESS or to hold depositary interests in CREST in the UK. Artemis has appointed Computershare Investor Services Plc as UK Depositary and investors who wish to move their stock from one exchange to the other can do so on a same day or next day basis. An outline of the process can be found at www.artemisresources.com.au or alternatively contact your broker or financial adviser.
For further information on the Company, please visit https://artemisresources.com.au/ or contact:
Artemis Resources Limited |
via Camarco |
Alastair Clayton |
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WH Ireland Limited |
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Jessica Cave / Megan Liddell (Corporate Finance) Harry Ansell / Daniel Bristowe / Adam Pollock (Corporate Broking) |
Tel: +44 20 7220 1666 Tel: +44 20 7220 1648 |
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Camarco (Public Relations) |
Tel: +44 20 3781 9244 |
Gordon Poole / James Crothers Emily Hall / Rebecca Waterworth |
Email: artemis@camarco.co.uk |