Artemis Makes Final Cash Payment to New Gold in Respect of its Acquisition of the Blackwater Project
August 23 2021 - 4:15PM
PR Newswire (Canada)
All amounts are in Canadian Dollars unless
otherwise noted
TSXV: ARTG
VANCOUVER, BC, Aug. 23, 2021 /CNW/ - ARTEMIS GOLD INC.
("Artemis" or the "Company") is pleased to announce
the payment of $50 million to New
Gold Inc. ("New Gold"), satisfying the final cash amount
required to be paid to New Gold in consideration for the
acquisition of the Blackwater Gold Project in central British Columbia, pursuant to an Asset
Purchase Agreement originally announced on June 9, 2020.
ARTEMIS GOLD INC.
On behalf of the Board of Directors
"Steven Dean"
Chairman and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Artemis Gold Inc.
Copyright 2021 Canada NewsWire
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