Artemis Gold Inc. is pleased to announce that pursuant to the terms of an employment agreement between Mr. Nick Campbell and the Company it intends to complete a non-brokered private placement to Mr. Campbell for gross proceeds of $1,362,500. The Company expects to use the net proceeds from the Private Placement towards advancing its recently acquired Blackwater Gold Project in Central British Columbia, as well as for [...]
Artemis Gold Inc. is pleased to announce the results of a Pre-Feasibility Study based on a revised development approach to the recently acquired, and 100% owned Blackwater Gold Project in central British Columbia . Key Economic Outputs of the Study A summary of the technical and financial metrics of the PFS is provided in the tables below. Table 1 – Key Results of the PFS, Life of Mine Description Unit Base Case Levered [...]
Following the successful completion of the acquisition of the Blackwater Gold Project on August 21, 2020, Artemis Gold Inc. is pleased to announce the appointment of key staff members as the Company looks to execute on its primary objective of advancing the Project towards permitting and construction. Nick Campbell – VP Capital Markets Mr. Campbell has more than 15 years of experience working on finance and capital [...]
Artemis Gold Inc. is pleased to announce it has completed the acquisition of the Blackwater Gold Project in central BC from New Gold Inc. pursuant to the terms of an asset purchase agreement dated June 9, 2020 with New Gold and BW Gold Ltd. Artemis has acquired all of New Gold's property, assets and rights related to the Project and now holds a 100% interest in the Project. The aggregate purchase price for the Project is [...]
Artemis Gold is pleased to announce that the disinterested shareholders of the Company have approved the non-brokered private placement of 23,095,600 subscription receipts of the Company to certain insiders of the Company and their joint actors at the Company's special meeting of shareholders held earlier today. Voting Results Insider participation by certain insiders of the Company and their joint actors in the Related [...]
Artemis Gold is pleased to announce that the Company has closed the previously announced "bought deal" private placement and non-brokered private placement of an aggregate of 64,825,925 subscription receipts at a price of C$2.70 per Subscription Receipt. Each Subscription Receipt entitles the holder to receive one common share in the capital of the Company for no additional consideration upon satisfaction of the Escrow [...]
Artemis Gold is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Canaccord Genuity and BMO Capital Markets in connection with a "bought deal" private placement financing of an aggregate of 38,900,000 subscription receipts of the Company. The Company is also undertaking a non-brokered private placement of subscription receipts to insiders of the Company and to a [...]
Artemis Gold is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Canaccord Genuity and BMO Capital Markets in connection with a "bought deal" private placement financing of an aggregate of 31,500,000 subscription receipts of the Company. The Company is also undertaking a non-brokered private placement of subscription receipts to insiders of the Company and to a [...]
Artemis Gold is pleased to announce the signing of an Asset Purchase Agreement with New Gold Inc. to acquire the Blackwater Gold Project in central BC. Key Acquisition Terms: Initial cash payment of $140 million at closing of the Acquisition; Issuance to New Gold of Artemis common shares equal to the lesser of the number of Consideration Shares having an aggregate deemed price of $20 million and 9.9% of the issued and [...]
Artemis Gold announces that the board of directors of the Company has approved the granting of 1,520,000 incentive stock options pursuant to the Company's Stock Option Plan, to directors, officers and employees of the Company. The Options are exercisable at a price of $1.16 per share, being the closing share price of the Company on October 23, 2019 on www.tmxmoney.com, expiring on October 24, 2029. Artemis Gold Inc. On [...]
Artemis Gold Inc. is pleased to announce that it has received final approval from the TSX Venture Exchange to list the Company's common shares on the TSXV. The Common Shares are expected to begin trading on the TSXV on October 2, 2019 under the symbol "ARTG". "The listing of Artemis' common shares on the TSXV is a significant milestone for our company," said Steven Dean, Chairman and CEO of the Company. "We are excited [...]
Artemis Gold Inc. is pleased to announce the closing of its previously announced best efforts non-brokered private placement. The Private Placement raised gross proceeds of $32,641,566 through the issuance of 36,268,407 units at a price of $0.90 per unit. Each unit consists of one common share in the capital of the Company and one common share purchase warrant, with each warrant entitling the holder to purchase one [...]