Artemis Gold Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by National Bank Financial and BMO Capital Markets under which the Underwriters have agreed to buy on bought deal basis 16,394,000 common shares, at a price of $6.10 per Common Share for gross proceeds of approximately $100,003,400. The Company is also undertaking a non-brokered private placement whereby [...]
Artemis Gold Inc. is pleased to provide an update to its Grade Control drilling program that commenced in Q4 2020 targeting the planned high-grade starter pit at the Company's Blackwater Gold project in BC. To date, results from the Program provide significantly increased confidence in the target area earmarked for the first year of operations at Blackwater compared with the corresponding area in the Company's mineral [...]
Artemis Gold Inc. is pleased to announce the appointment of Elise Rees to the Company's board of directors. Ms. Rees is an experienced director, having served on the boards of a number of profit and not-for profit organizations, including as board chair, treasurer, and audit and finance committee chair. She currently sits on the boards of Enmax Corporation and Great Panther Mining, where she chairs the audit committee [...]
Artemis Gold Inc. is pleased to announce that it has engaged The Terron Group, LLC to provide integrated Environmental Social Governance services and management training to Artemis in support of the Blackwater Gold Project in BC. Terron's support services are targeted to help Artemis advance Blackwater in adherence with the Equator Principles and International Finance Corporation performance standards and to develop and [...]
Artemis Gold is pleased to announce that, following a competitive selection process, it has received and executed a credit approved mandate letter and term sheet from Macquarie Bank Limited and National Bank of Canada to arrange a $360 million Project Loan Facility, to fund a significant component of the estimated construction costs of the Company's Blackwater Gold Project in central British Columbia. Subject to final [...]
Artemis Gold Inc. is pleased to announce that after a competitive bidding process, the Company has executed a binding memorandum of understanding with Ausenco Engineering Canada Inc. providing for a guaranteed maximum price for a fixed-price Engineering, Procurement and Construction contract to construct a 5.5 million tonne per annum processing facility and associated infrastructure for the Company's Blackwater Gold [...]
Artemis Gold Inc. announces that the Company has acquired 21,211,136 common shares of Velocity Minerals Ltd. at a price of $0.25 per Share pursuant to the exercise of a convertible debenture in the principal amount of $5,094,000, along with accrued and unpaid interest of $208,784. The Debentures were originally issued by way of a private placement on March 14, 2019. Prior to the exercise of the Debenture, the Company held [...]
Artemis Gold Inc. is pleased to provide an update on the site activities related to the advancement of the Blackwater Gold Project in Central BC. In support of the Definitive Feasibility Study and in preparation for commencement of construction for Blackwater, Artemis has been conducting the following activities: 1) ore grade control drilling to refine the detailed grade schedule and mine plan for the first year of [...]
Artemis Gold Inc. is pleased to announce that it has submitted documents to Environment and Climate Change Canada to commence the Federal Schedule 2 amendment regulatory process under the Metal and Diamond Mining Effluent Regulations in respect of its Blackwater Gold Project in Central British Columbia. About the Schedule 2 Amendment Process As part of the final permitting phase for Blackwater, a listing on Schedule 2 of [...]
Artemis Gold Inc. is pleased to announce that it has submitted applications to the B.C. Government to undertake an early works construction program in respect of its Blackwater Gold Project in Central British Columbia. About the Program The Program is designed to focus on clearing of key infrastructure areas including haul roads, the stage 1 tailing storage facility and camp areas. In addition, construction of the mine [...]
Artemis Gold Inc. is pleased to announce the appointment of Candice Alderson as Senior Vice President Corporate Affairs for the Company. Ms. Alderson will be responsible for executing the Company's strategy, alongside senior management, in respect of stakeholder and government affairs, and key relationship and contract management for the Company, in respect of its Blackwater Gold Project. Ms. Alderson will join the [...]
Artemis Gold Inc. is pleased to announce the appointment of Gerrie van der Westhuizen as Vice President Finance for the Company effective January 27, 2021. Based out of the Company's Vancouver office, Mr. Van der Westhuizen will be responsible for managing the finance function for the Company in respect of strategic financial analysis and planning, treasury & debt management, budgeting, financial reporting, business [...]