Artemis Resources Limited (AU:ARV) has released an update.
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Artemis Resources Limited has successfully completed Tranche One of its oversubscribed $4 million placement, raising $2.09 million to fund its Karratha Gold Project drilling set to begin in early 2025. The company plans to use the majority of these funds to explore several promising targets, including potential high-grade extensions and new prospects. An Extraordinary General Meeting is scheduled for February 2025 to approve the second tranche and further investment, with a focus on expanding their exploration capabilities.
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