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PERTH - Artemis Resources Limited (ASX/AIM:ARV) announced Thursday that trading of its shares has been halted on the Australian Securities Exchange (ASX) to facilitate a capital raising book build.
According to a company statement, the funds will be used to develop Artemis’s portfolio of gold assets and supplement working capital. The trading halt is expected to remain in place until either an announcement is made or trading resumes on July 21, 2025.
The company noted that trading of its shares on the London Stock Exchange (LON:LSEG)’s AIM market continues unaffected by the ASX halt.
Artemis Resources operates several projects in Western Australia’s north Pilbara region, including the Karratha Gold Project, Cassowary Project, Karratha Lithium Project, and Paterson Central Gold/Copper project. The company also owns the Radio Hill processing plant located 35km from Karratha.
The announcement was made through a replacement statement of an earlier trading halt notification, which included expanded information about the company’s Carlow and Cassowary Projects, including a correction to the Cassowary tenement area to 538 square kilometers.
Artemis Resources is chaired by Guy Robertson, with Julian Hanna serving as Executive Director, according to the press release statement.
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