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Artemis Closes Non-Brokered Private Placement Component of $171 Million Equity Financing; Reports Cash Position of $204 Million
Artemis Closes Non-Brokered Private Placement Component of $171 Million Equity Financing;...
About this update from Artemis Gold Inc
[{"type":"text","content":"\n \n \n \n Artemis Closes Non-Brokered Private Placement Component of $171 Million Equity Financing; Reports Cash Position of $204 Million\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen6{\nBORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prnrbrs{\nBORDER-RIGHT:black 1pt solid\n}\n.prnsbt1{\nBORDER-TOP:1pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n.prnsbls{\nBORDER-LEFT:black 1pt solid\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnpr14{\nPADDING-RIGHT:1.17em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnsbl1{\nBORDER-LEFT:1pt\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n All amounts are in Canadian Dollars unless otherwise noted\n \n \n \n \n Trading Symbol: TSX-V: ARTG\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n May 25, 2021\n \n /CNW/ - Artemis Gold Inc. (TSXV: ARTG) (\"\n \n Artemis\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has closed the non-brokered private placement component of its previously announced equity financing of up to\n \n $171 million\n \n , via the issuance of 9,200,000 common shares (the \"\n \n Common Shares\n \n \") to insiders and employees of the Company, at a price of\n \n $6\n \n .10 per Common Share (the \"\n \n Offering Price\n \n \") for aggregate gross proceeds of\n \n $56,120\n \n ,000 (the \"\n \n Non-Brokered Offering\n \n \").\n \n \n After the closing of the Non-Brokered Offering, the Company's cash and cash equivalents balance is approximately\n \n $204 million\n \n .\n \n \n The Non-Brokered Offeri...