Artemis's Non-Executive Chairman
The capital raising received a substantial number of bids representing significantly more than the Company was seeking. We welcome several outstanding new institutional investors to the register, and thank existing shareholders for their continuing strong support in this capital raise.
These new funds allow us to pursue expanded exploration activities across the portfolio. At Paterson Central we have an exceptional exploration opportunity in one of the world's most exciting new gold-copper frontiers, adjacent to and surrounding on three sides, the Havieron gold and copper discovery being drilled by
As per our previous guidance we will soon be releasing details of our recent geological and geophysical interpretation of Paterson Central, and our final drill design plan. Drilling at Paterson Central is expected to commence in August.
At the
CAPITAL RAISING
Artemis has received firm commitments for a capital raising of
Given the quality of investors and large number of bids received the Board chose to exercise its' discretion and take the maximum of
Contact:
Email: Alastair.clayton@artemisresources.com.au
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