Artemis Resources Ltd begins trading on OTCQB Venture Market in the US

Artemis Resources Ltd (ASX:ARV) (OTCQB:ARTTF) (FRA:ATY) has officially started trading on the OTCQB Venture Market in the United States.

This market is for early stage and developing international and US companies.

It offers the benefits of being publicly traded in the US with lower cost and complexity than a US exchange listing.

READ: Artemis Resources gains new substantial shareholder

To be eligible, international companies must be current in their local market and undergo an annual verification and management certification process.

The company said it had traded actively on the ‘OTC Pinks’ for some time and the move to the OTCQB would allow all brokers in the US to trade Artemis.

Chief executive officer Wayne Bramwell said: “Trading on the full OTCQB Venture Market allows Artemis to engage a far broader network of US investors, data distributors and media partners.

“This ensures US investors have greater access to the same high-quality information that is available to our Australian and European investors.

“This will assist in greatly raising the company’s profile in the US, as we advance our new and expanding cobalt, gold and copper assets in the Pilbara.”

READ: Artemis Resources sampling identifies three large new gold targets in West Pilbara

Sampling by Artemis has led to the identification of three new large gold geochemical targets within 30 kilometres of its Radio Hill processing plant (below) in the West Pilbara region of Western Australia.

The targets – Patterson’s Hut, Ruth Well North and Pipeline – were identified in the first regional-scale compilation of geochemical data in the Karratha region.

This program also resulted in Artemis identifying new extensions at the existing Silica Hills and Nickol River targets.

Artemis is ranking and prioritising targets with plans for first pass aircore drilling being developed following receipt of Plan of Work and heritage approvals.

Story by ProactiveInvestors