Update on recent market activity
9th February 2024
Artemis Resources Limited
('Artemis' or the 'Company')
TRADING HALT
Artemis Resources Limited (ASX/AIM: ARV) wishes to provide this update to shareholders on recent market activity.
The Company has been methodically exploring its West Pilbara tenement package for lithium mineralisation. Some of this tenure is located on the Osborne tenement which is the subject of a lithium joint venture with Australian Securities Exchange (ASX) listed company Greentech Metals Ltd ('Greentech') (ASX:GRE) (Osborne JV - ARV:49%, GRE:51%).
During the course of trading on the ASX on the 8th February 2024, the share price of Greentech increased considerably and the ASX subsequently issued Greentech with a price query statement. 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.
The Company's shares will continue to trade on AIM.
As the pending assay results relate to the joint venture tenement, Artemis also thought it prudent to halt trading of its stock on the ASX.
The assay information is currently being assessed and an announcement will be drafted and released to market upon exit on the trading halt, which is expected to be Tuesday, 13th February.
This announcement was approved for release by the Board.
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Artemis Resources Ltd |
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George Ventouras, Executive Director |
george.ventouras@artemisresources.com.au
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WH Ireland Limited (Nomad & Broker) |
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Antonio Bossi / James Bavister / Isaac Hooper |
Tel: +44 20 7220 1666 |
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About Artemis Resources
Artemis Resources (ASX/AIM: ARV; FRA: ATY; US: ARTTF) is a gold, copper and lithium focused resources company with projects in Western Australia. The Mt Marie Lithium Project, the Osborne Lithium JV (Artemis 49%; GreenTech Metals (ASX:GRE) 51%) and the Carlow Castle gold-copper-cobalt project in the West Pilbara; and the Paterson Central project in the Paterson Province (located adjacent to Greatland Gold / Newcrest's recent gold-copper discovery at Havieron).
Artemis also owns the Radio Hill processing plant, located only 35km from Karratha.
For more information, please visit www.artemisresources.com.au
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