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Artemis Resources Announces Successful General Meeting and Share Placement

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Artemis Resources Announces Successful General Meeting and Share Placement

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The latest update is out from Artemis Resources Limited ( (AU:ARV) ).

Artemis Resources Limited announced that all resolutions were passed at its recent General Meeting, leading to the admission of 284,428,571 Second Tranche Placing Shares to trading on AIM. These shares represent approximately 11.4% of the company’s enlarged share capital, following the admission scheduled around 13 February 2025. This move is expected to aid the company’s growth and exploration efforts, particularly in its gold and lithium projects in Western Australia, potentially impacting shareholder value and market positioning.

More about Artemis Resources Limited

Artemis Resources Limited is a resources company focused on gold, copper, and lithium exploration and development, with projects located in the north Pilbara region of Western Australia. Its main projects include the Karratha Gold Project with the Carlow Castle gold/copper deposit, the Karratha Lithium Project, the Paterson Central Gold/Copper project, and the Radio Hill processing plant. Artemis is committed to discovering multiple gold prospects within its extensive tenement package and advancing its lithium projects.

Average Trading Volume: 13,250

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $11.04M

Find detailed analytics on ARV stock on TipRanks’ Stock Analysis page.

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