ARV 11.1% 1.0¢ artemis resources limited

Ann: Trading Halt, page-2

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    From the AFR this morning

    Sources told Street Talk Artemis had Taylor Collison and Bell Potter sounding out small cap resources funds for a $10 million funding round over the weekend, which was expected to launch as early as Monday morning.

    The brokers were talking to funds about a placement priced at 10¢ a share, above the company’s 9.6¢ last close and a 6.7 per cent discount to its five-day volume weighted average price.

    Money raised would go towards drilling at Artemis’ Carlow Castle and Paterson Central gold/copper projects in WA.
 
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