Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Artemis Resources in trading halt as it plans capital raising

Proactive Investors Thursday, 10 October 2019 ()
Artemis Resources Ltd (ASX:ARV) (FRA:AY) (OTCMKTS:ARTTF) has been granted a trading halt in its securities as it has an announcement pending in relation to a capital raising drive. The Western Australian gold asset holder asked market regulator ASX Ltd (ASX:ASX) to halt trading in the company’s securities until Monday, October 14, 2019, or when it makes an announcement to the market.  Artemis shares last traded at 3.9 cents and the company has a market capitalisation of $29.22 million. Pilbara portfolio It has a portfolio of tenements that includes the flagship Carlow Castle Gold-Copper-Cobalt Project in the West Pilbara region of Western Australia. A JORC resource estimate for the project sized it as 7.7 million inferred tonnes grading 1.06 g/t gold, 0.51% copper and 0.08% cobalt. The company also holds ground in the East Pilbara near Greatland Gold PLC's (LON:GGP) globally-significant famed Havieron project. A prize intersection from Greatland’s Paterson province project featured 275 metres grading 4.77 g/t gold and 0.61% copper. Also found in the district is Newcrest Mining Limited’s (ASX:NCM) (FRA:NMA) (OTCMKTS:NCMGF) 27-million-ounce Telfer gold mine.

You Might Like

Recent related news from verified sources

Predictive Discovery in trading halt ahead of capital raising announcement

Predictive Discovery Ltd (ASX:PDI) has a capital raising announcement pending and has been granted a trading halt by the ASX. The company’s securities will...
Proactive Investors

Stavely Minerals capitalises on share price run to raise funds

Stavely Minerals Ltd (ASX:SVY) was granted a trading halt by the ASX yesterday pending the release of information regarding a capital raising. Industry sources...
Proactive Investors

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.