27/01/2022 - 12:19

Artemis to list on AIM

27/01/2022 - 12:19

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Artemis Resources Limited has raised $9.5 million as it seeks a dual listing on AIM in London.

Artemis to list on AIM
Artemis Resources Limited focuses on gold and copper. Photo: Gunay Mutlu

Artemis Resources Limited has raised $9.5 million as it seeks a dual listing on AIM in London.

The company will keep its primary listing on the ASX, implementing a dual listing structure, in the hope that investors from the United Kingdom and Europe will buy Artemis stock on the AIM platform.  

AIM is a sub-market of the London Stock Exchange focussed on junior mining businesses.

Artemis said it would use about $12.5 million from its reserves to re-start drilling at Paterson Central and Greater Carlow deposits in the Pilbara.

Executive director Alastair Clayton said there was strong interest in their gold-copper discoveries in the London Stock Exchange.

“By dual listing on AIM we seek to tap into this pool of shareholder interest and understanding to complement our primary ASX listing.” Mr Clayton said.  

“The company is now well funded to execute its extensive drill programmes and we expect to have further updates regarding these plans very soon.”  

The company expects for its first day of trading in London to begin on February 7.  

Artemis Resources Limited shares are trading at 7.2 cents on the ASX today, up 2.9 per cent at the time of writing.

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