Artemis Resources Limited Update on recent market activity
09 February 2024 - 9:18PM
RNS Regulatory News
RNS Number : 6632C
Artemis Resources Limited
09 February 2024
9th February 2024
Artemis
Resources Limited
('Artemis' or the 'Company')
TRADING
HALT
Artemis Resources Limited (ASX/AIM: ARV) wishes
to provide this update to shareholders on recent market
activity.
The Company has been methodically
exploring its West Pilbara tenement package for lithium
mineralisation. Some of this tenure is located on the Osborne
tenement which is the subject of a lithium joint venture with
Australian Securities Exchange (ASX) listed company Greentech
Metals Ltd ('Greentech')
(ASX:GRE) (Osborne JV -
ARV:49%, GRE:51%).
During the course of trading on the
ASX on the 8th February 2024, the share price of
Greentech increased considerably and the ASX subsequently issued
Greentech with a price query statement. Due to the price query and
as there are laboratory assays pending release, Greentech felt it
appropriate to halt trading of its stock on the ASX to prevent any
further speculative trading.
The Company's shares will continue
to trade on AIM.
As the pending assay results relate
to the joint venture tenement, Artemis also thought it prudent to
halt trading of its stock on the ASX.
The assay information is currently
being assessed and an announcement will be drafted and released to
market upon exit on the trading halt, which is expected to be
Tuesday, 13th February.
This announcement was approved for
release by the Board.
Artemis Resources Ltd
|
|
George Ventouras, Executive
Director
|
george.ventouras@artemisresources.com.au
|
|
|
WH
Ireland Limited (Nomad & Broker)
|
|
Antonio Bossi / James
Bavister
/ Isaac Hooper
|
Tel: +44 20 7220
1666
|
|
| |
About Artemis Resources
Artemis Resources (ASX/AIM: ARV;
FRA: ATY; US: ARTTF) is a gold, copper and lithium focused
resources company with projects in Western Australia. The Mt Marie
Lithium Project, the Osborne Lithium JV (Artemis 49%; GreenTech
Metals (ASX:GRE) 51%) and the Carlow Castle gold-copper-cobalt
project in the West Pilbara; and the Paterson Central project in
the Paterson Province (located adjacent to Greatland Gold /
Newcrest's recent gold-copper discovery at Havieron).
Artemis also owns the Radio Hill
processing plant, located only 35km from Karratha.
For more information, please
visit www.artemisresources.com.au
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END
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