Artemis Resources Limited (AU:ARV) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Artemis Resources Limited has successfully completed Tranche One of its oversubscribed $4 million placement, raising $2.09 million to fund its Karratha Gold Project drilling set to begin in early 2025. The company plans to use the majority of these funds to explore several promising targets, including potential high-grade extensions and new prospects. An Extraordinary General Meeting is scheduled for February 2025 to approve the second tranche and further investment, with a focus on expanding their exploration capabilities.
For further insights into AU:ARV stock, check out TipRanks’ Stock Analysis page.
