Artemis Gold Inc. is pleased to announce that, further to its previous news release dated May 24, 2022, the Company has executed a Master Lease Agreement for the equipment lease facility with Caterpillar Financial Services Limited associated with the primary and ancillary mining fleet for the Blackwater Project. The Facility with Cat Financial provides for up to $140 million in equipment financing, with amounts associated [...]
Artemis Gold Inc. is pleased to announce that Sedgman Canada Limited has executed an agreement with Metso Outotec Canada, a subsidiary of Metso Outotec Corporation, to secure supply and delivery of crushing and grinding equipment for the Company's Blackwater Gold Project in BC. The Agreement was executed as part of the interim services agreement with Sedgman announced in May 2022. This agreement secures the pricing and [...]
Artemis Gold Inc. is pleased to announce that, following a competitive bid process, it has executed binding agreements with Finning, a division of Finning International Inc. for the supply of a primary and ancillary mining fleet for the Company's Blackwater Gold Project in Central British Columbia. The Company has also concurrently executed a credit-approved commitment letter for an equipment lease facility with [...]
Artemis Gold Inc. is pleased to announce that it has filed its interim financial results for the three months ending March 31, 2022. The Company's interim consolidated financial statements and management discussion and analysis for the three months ended March 31, 2022 are available for review on SEDAR and on the Company's website. As presented in the Company's consolidated financial statements, the Company reported a [...]
Artemis Gold Inc. is pleased to announce that, as planned, it has made an award for the EPC scope of works for the engineering, procurement, construction and commissioning of the processing plant and associated infrastructure at the Company's Blackwater project to Sedgman Canada Limited, a CIMIC Group Company. The award amount of approximately $312 million is consistent with the prescribed budget for the process plant and [...]
Artemis Gold Inc. is pleased to announce that it has filed its financial results for the year ending Dec 31, 2021. The Company's consolidated financial statements, management discussion and analysis, as well as Annual Information Form for the year ended December 31, 2021 are available for review on SEDAR and on the Company's website. As presented in the Company's consolidated financial statements, the Company reported a [...]
Artemis Gold Inc. is pleased to announce that it has executed a credit-approved commitment letter and term sheet from Macquarie Bank Limited and National Bank of Canada to jointly underwrite a $360 million Project Loan Facility, to fund a significant component of the estimated construction costs of the Company's Blackwater Gold Project in BC. The PLF also provides for up to $25 million in capitalized interest and a $40 [...]
Artemis Gold Inc. announces that its memorandum of understanding with Ausenco Engineering Canada Inc. has been terminated due to the expiry of an agreed period to enter into an Engineering, Procurement and Construction contract to construct a processing facility and associated infrastructure for the Company's Blackwater Gold Project in BC. The MOU was executed in March 2021 as part of a multi-party competitive bid process [...]
Artemis Gold Inc. is pleased to announce that New Gold Inc. has waived its Right of First Refusal and Artemis has entered into a definitive Precious Metal Purchase Agreement with Wheaton Precious Metals, in respect to the Company's Blackwater Gold Project. In addition, Wheaton has entered into a definitive agreement to acquire the Company's existing gold stream held by New Gold in respect of gold production from the [...]
Artemis Gold Inc. is pleased to announce that the Company has been added to the VanEck Vectors Junior Gold Miners Exchange Traded Fund pursuant to the GDXJ's quarterly rebalancing, with effect starting December 17, 2021. Steven Dean, Chairman and CEO Commented, "Artemis is very pleased to be added to the GDXJ index. Since Artemis acquired the Blackwater project in August 2020, the management team has been diligently [...]
Artemis Gold Inc. is pleased to announce that it has received a Silver Stream offer to enter into a definitive Precious Metals Purchase Agreement with Wheaton Precious Metals™ Corp., in respect to the Company's Blackwater Gold Project. The letter of Offer, as well as a copy of the Silver Stream Agreement has been submitted to New Gold Inc. as required under the terms of an agreement related to the purchase of Blackwater [...]
Artemis Gold Inc. is pleased to announce that it has filed a National Instrument 43-101 Technical Report entitled "Blackwater Gold Project NI 43-101 Technical Report on Updated Feasibility Study" with an effective date of September 10, 2021. The Technical Report is available for review on SEDAR and on the Company's website. The results of the Technical Report supporting the results of a Feasibility Study to the Company's [...]