Artemis Resources Ltd - Perth, Australia-based and ASX-listed mining exploration and development company - Seeks admission to trading on the AIM market of the London Stock Exchange. Admission is expected to take place on or around February 7. Intends to raise up to GBP5 million by means of the placing.
Alastair Clayton, executive director, says: "With this AIM listing, the company is providing an efficient and convenient platform upon which UK-based investors can now own Artemis stock and access its exciting exploration and development projects in Western Australia. As Havieron was discovered by a UK-based company, there is deep understanding of the Paterson Province and the huge potential that the region holds.
"The director's believe Artemis provides shareholders unrivalled leverage to further exploration success at Paterson Central with the benefit of an advance resource growth programme at the Greater Carlow project plus the Radio Hill facility to support the current valuation."
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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