viewArtemis Resources Ltd

Artemis Resources appoints corporate advisor for potential asset shake-up

After a review of several firms, an advisor has been appointed to review and advise on potential corporate transactions.

deal concept
These transactions include funding, divestments, and mergers and acquisitions

Artemis Resources Ltd (ASX:ARV) has engaged independent boutique investment banking firm, Cutfield Freeman & Co. to assist in negotiations on potential corporate transactions.

The company has had numerous approaches including unsolicited offers and JV discussions from multiple parties.

This indicates significant interest in Artemis’s assets in the West Pilbara being its Radio Hill processing plant and 2,400 square kilometres of surrounding tenements.

Ongoing discussions with a large private group

Notably, Artemis has been in ongoing discussions with a large private group in regards to jointly undertaking a systematic review over the company’s tenement portfolio.

The collaboration would see the interested party’s proprietary technology utilised to potentially identify large-scale targets.

READ: Artemis Resources closer to Radio Hill operations with tailings facility approval

Artemis’s non-executive chairman Sheik Maktoum said: “Based on the numbers of enquiries we have been receiving regarding potential divestment or JV’s of our non-core assets, we considered it prudent to appoint a well-regarded mining finance and advisory firm.

“CF&Co has significant experience across the sector, and given their headquarters in London, they are a great fit for Artemis and our strategic plans.”

Cutfield Freeman & Co (CF&Co) has advised clients globally from the majors down to single asset juniors and across all commodities.

Artemis will update the market as soon as there is any formal agreement or corporate transaction.

Quick facts: Artemis Resources Ltd

Price: 0.023 AUD

Market: ASX
Market Cap: $21.48 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Artemis Resources Ltd named herein, including the promotion by the Company of Artemis Resources Ltd in any Content on the Site, the Company...



Full interview: Artemis Resources increases gold resource by 60% at Carlow...

Artemis Resources Limited (ASX:ARV) executive director Edward Mead updates Proactive on an upgraded mineral resource estimate (MRE) at the company’s 100%-owned Carlow Castle Project in WA with grade and tonnage boosted. The gold resource alone increased by 60% with copper up 25% and cobalt by...

3 weeks, 5 days ago

2 min read