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Artemis Gold Announces $450 Million, 5-Year Senior Unsecured Notes Offering to Refinance Revolving Credit Facility
Artemis Gold Announces $450 Million, 5-Year Senior Unsecured Notes Offering to Refinance Revolvin...
About this update from Artemis Gold Inc
[{"type":"text","content":"\n\n\nArtemis Gold Announces $450 Million, 5-Year Senior Unsecured Notes Offering to Refinance Revolving Credit Facility\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.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnsbbb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTSXV: ARTG\nAll amounts in Canadian dollars unless otherwise stated\nVANCOUVER, BC, Jan. 26, 2026 /CNW/ - Artemis Gold Inc. (TSX-V: ARTG) (\"Artemis Gold\" or the \"Company\") announces it has commenced a private placement offering (the \"Offering\") of $450 million aggregate principal amount of senior unsecured notes due 2031 (the \"Notes\"). The Notes will be issued at par under a trust indenture and will be direct senior unsecured obligations of Artemis Gold ranking equal with all other present and future senior unsecured indebtedness of the Company. Closing of the Offering is expected to occur on or about February 3, 2026, subject to satisfaction of customary closing conditions. This is a marketed deal, and final terms will be announced once determined.\n\n\n\n\n\n\n\nThe Company currently has approximately $450 million outstanding under its revolving credit facility (the \"RCF\"). Subject to completion of the Offering, the net proceeds are expected to be used to refinance amounts outstanding under the RCF and pay bond issuance related transaction expenses. The Company remains confident in its previously disclosed capital and operating guidance for both 2026 and for the total estimated cost of the Expanded Phase 2 (\"EP2\") project. The Company may consider reducing the current RCF limit of $700 million in the short to medium term. \nThe current strategic focus for the Company remains delivering near-term organic growth and the Company does not intend to pursue...