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Artemis Gold Receives Initial Deposit Under Silver Stream Agreement
Artemis Gold Receives Initial Deposit Under Silver Stream Agreement Canada NewsWire ...
About this update from Artemis Gold Inc
[{"type":"text","content":"\n \n \n \n Artemis Gold Receives Initial Deposit Under Silver Stream Agreement\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.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TSXV: ARTG\n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 9, 2023\n \n \n /CNW/ - Artemis Gold Inc. (TSXV: ARTG) (\"\n \n Artemis Gold\n \n \" or the \"\n \n Company\n \n \") is pleased to announce it has received its first\n \n US$35.2 million\n \n deposit under the Silver Stream agreement (the \"\n \n Silver Stream\n \n \") concluded on\n \n December 13, 2021\n \n with Wheaton Precious Metals Corp. (\"\n \n Wheaton\n \n \"). The initial deposit forms part of the\n \n US$140.8 million\n \n that Wheaton has committed to fund toward construction of the Blackwater Gold Mine (\"\n \n Blackwater\n \n \"). Construction activities at Blackwater are underway and progressing in accordance with the Company's project development plan.\n \n \n \n \n \n \n \n \n \n More details of the Silver Stream are contained in the Company's most recent Annual Information Form that is filed on the Company's profile on\n \n www.sedar.com\n \n .\n \n \n \n Steven Dean\n \n , Chairman and Chief Executive Officer of Artemis Gold, said \"The receipt of the first funding under the Silver Stream is an important milestone as it represents the first external funding being advanced toward Blackwater's construction and reflects our financing partners' confidence in the strong progress achieved to date.\"\n \n \n \n About Artemis Gold Inc.\n \n \n \n Artemis Gold Inc. is a well-financed, growth-oriented gold development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The company's current focus is construction of the Blackwater Mine project in central\n \n British Columbia\n \n approximately 160km southwest of\n \n Prince George\n \n and 450km northeast of\n \n Vancouver\n \n . The project is one of the largest capital investments in the Bulkley-Nechako,\n \n Fraser-Fo...