Artemis Announces Appointment of Key Personnel
3083 Three Bentall Centre, 595 Burrard Street, Vancouver, BC, V7X 1L3
Telephone: 604.558.1107 Fax: 604.566.9050 [email protected]
www.artemisgoldinc.com
NEWS RELEASE
Trading Symbol: TSX-V: ARTG
ARTEMIS ANNOUNCES APPOINTMENT OF KEY PERSONNEL
(Vancouver, August 24, 2020) – Following the successful completion of the acquisition of the Blackwater
Gold Project ( “Blackwater” or the “ Project”) on August 21, 2020, Artemis Gold Inc. (TSX -V: ARTG)
(“Artemis” or, the “ Company”) is pleased to announce the appointment of key staff members as the
Company looks to execute on its primary objective of advancing the Project towards permitting and
construction.
Nick Campbell – VP Capital Markets
Mr. Campbell has more than 15 years of experience working on finance and capital markets in the mining
industry. Mr. Campbell most recently served as Executive Vice President, Business Develop ment for
SilverCrest Metals Inc. and Chief Financial Officer for Goldsource Mines Inc. Prior to holding these
positions, Nick was a mining analyst for over 10 years with Canaccord Genuity Corp. and Salman Partners
Inc. Mr. Campbell holds a Bachelor of Commerce degree from the University of Victoria.
Based out of the Company’s Vancouver office, Mr. Campbell will be responsible for managing all day-to-
day investor communications efforts , relationships with the analyst and broker communities, and
contributing to the development and execution of all other investor relations strategies and initiatives.
Klaus Popelka – Manager Resource Geology
Klaus Popelka has a Master’s degree in Applied Geosciences from the University of Leoben / Austria
(Montanuniversität Leoben). During his career in the mining industry he has worked in Mine Geology,
Exploration and Mine Engineering functions in 7 countrie s on 4 continents. His experience covers
exploration and mining in a range of commodities like Uranium in Namibia and Malawi, base metals in
Finland and Gold in Ghana and Canada for companies such as First Quantum Minerals, Paladin Energy Ltd.
and BCM. Over the past 4 years , Klaus had been a significant contributor to the success of Atlantic Gold
Corporation in Nova Scotia in the role of Manager Geology and Exploration.
Mr. Popelka will be primarily responsible for optimizing mining schedules, calculation s of proper
delineation of ore and waste, resource modelling and estimation for the Company, and supervision of drill
programs for the Company.
Ryan Todd – VP Environment & Social Responsibility
Mr. Todd has 15 years of mining experience in environmental a ssessment, permitting, Indigenous and
community relations. While the majority of his experience has been in Canada, he has worked on precious
metals and energy projects in many regions of the world. Most recently, he led the environmental
3083 Three Bentall Centre, 595 Burrard Street, Vancouver, BC, V7X 1L3
Telephone: 604.558.1107 Fax: 604.566.9050 [email protected]
www.artemisgoldinc.com
assessment process for Blackwater and prior to that he led the permitting of the Rainy River Mine in
Ontario. Ryan has held senior management roles with New Gold and Western Coal (now Conuma Coal)
and prior to that was a mining environmental consultant. He holds a Master’s degree in civil engineering
in addition to a Bachelor’s degree in environmental science.
Mr. Todd will be primarily responsible for advancing all environmental and permitting matters as well as
a key contact with Indigenous nations. Mr. Todd will also be a key member in evaluating environmental
and permitting matters on the Company’s other assets and any potential future acquisition targets.
Steven Dean, Chairman and CEO commented “We are very plea sed to add a number of talented and
experienced staff to the Artemis team as we progress Blackwater through the Feasibility and permitting
phases.
In particular, we are excited to have Mr. Todd join as a key proponent of Blackwater from New Gold, which
provides optimal continuity in respect to relations with indigenous nations and key stakeholders. In this
light, I would also like to take the opportunity of welcoming Valerie Erickson and Carol Toews to the
Artemis team, who will continue to serve as local community representatives in Vanderhoof, B.C. and also
important contributors to the future success of Blackwater.”
Additional Information Regarding - Investor Relations Engagement – Nick Campbell
Mr. Campbell’s appointment is by way of employment agreement effective August 24, 2020 for an
indefinite term.
Under the terms of the employment agreement between the parties, Mr. Campbell will earn an annual
salary of $200,000, and be eligible for a performance bonus up to a maximum of 35% of his salary. Mr.
Campbell will also be provided with an initial stock option allocation exercisable to purchase 175,000
common shares of Artemis pursuant to the Company’s stock option plan. This initial grant of options will
be made at a future date and will be set at the market price in place on the date of that grant.
Furthermore, Artemis will offer Mr. Campbell, by way of a private placement, the opportunity to purchase
up to 250,000 common shares of Artemis at a purchase price that is at a 5% premium a bove the then
current market price for shares of Artemis on the TSX Venture Exchange on a trading day mutually agreed
between the parties. Mr. Campbell’s compensation will be funded through the existing treasury of the
Company.
As of the date of this new s release, Mr. Campbell owns 275,000 common shares and 27,778 share
purchase warrants, exercisable at a price of $1.08 until August 27, 2024.
ARTEMIS GOLD INC.
On behalf of the Board of Directors
“Steven Dean”
Chairman and Chief Executive Officer
For further information: Chris Batalha, CFO and Corporate Secretary, +1 (604) 558-1107.
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.
3083 Three Bentall Centre, 595 Burrard Street, Vancouver, BC, V7X 1L3
Telephone: 604.558.1107 Fax: 604.566.9050 [email protected]
www.artemisgoldinc.com
Cautionary Note Regarding Forward-Looking Information
This news release contains certain "forward looking statements" and certain "forward -looking
information" as defined under applicable Canadian and U.S. securities laws (together, “forward-looking
statements”). Forward -looking statements can generally be identified by the use of forward -looking
terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue",
"plans", "potential" or similar terminology. Forward-looking statements in this news release include, but
are not limited to, statements and information related to the plans of the Company regarding the Project
and other statements regarding future plans, expectations, guidan ce, projections, objectives, estimates
and forecasts, as well as statements as to management's expectations with respect to such matters.
Forward-looking statements and information are not historical facts and are made as of the date of this
news release. These forward -looking statements involve numerous risks and uncertainties and actual
results may vary. Important factors that may cause actual results to vary include without limitation, risks
related to the ability of the Company to accomplish its plans and objectives with respect to the Project
within the expected timing or at all; the timing and receipt of certain approvals, changes in commodity
and power prices, changes in interest and currency exchange rates, risks inherent in exploration estimates
and results, timing and success, inaccurate geological and metallurgical assumptions (including with
respect to the size, grade and recoverability of mineral reserves and resources), changes in development
or mining plans due to changes in logistical, techn ical or other factors, unanticipated operational
difficulties (including failure of plant, equipment or processes to operate in accordance with specifications,
cost escalation, unavailability of materials, equipment and third party contractors, delays in the receipt of
government approvals, industrial disturbances or other job action, and unanticipated events related to
health, safety and environmental matters), political risk, social unrest, and changes in general economic
conditions or conditions in the f inancial markets. In making the forward -looking statements in this news
release, the Company has applied several material assumptions, including without limitation, the
assumptions that: (1) market fundamentals will result in sustained mineral demand and p rices; (2) the
receipt of any necessary approvals and consents in connection with the development of any properties; (3)
the availability of financing on suitable terms for the development, construction and continued operation
of any mineral properties; and (4) sustained commodity prices such that any properties put into operation
remain economically viable. The actual results or performance by the Company could differ materially from
those expressed in, or implied by, any forward-looking statements relating to those matters. Accordingly,
no assurances can be given that any of the events anticipated by the forward -looking statements will
transpire or occur, or if any of them do so, what impact they will have on the results of operations or
financial condition of the Company. Except as required by law, the Company is under no obligation, and
expressly disclaims any obligation, to update, alter or otherwise revise any forward -looking statement,
whether written or oral, that may be made from time to time, whethe r as a result of new information,
future events or otherwise, except as may be required under applicable securities laws.