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ARTG.V ·

Artemis GOLD Announces Granting of Stock Options

Share Capital & Compensation

Artemis Gold Inc. | 595 Burrard St., Suite 3083, Vancouver, BC V7X 1L3

Phone: 604.558.1107 [email protected] www.artemisgoldinc.com

NEWS RELEASE

March 13, 2023 Trading Symbol: TSX-V: ARTG

ARTEMIS GOLD ANNOUNCES GRANTING OF STOCK OPTIONS

Vancouver, British Columbia , March 13, 2023 - Artemis Gold Inc. ( TSX-V: ARTG) (the "Company”)

announces that the board of directors of the Company has approved the grant of an aggregate of

2,899,875 incentive stock options (the “ Options”) pursuant to the Company’s Stock Option Plan, to

directors, officers and employees of the Company. The Options represent the Company’s annual grant

of incentive stock options consistent with the Company’s regular annual compensation cycle. The grant

date had been deferred until March 10, 2023, in accordance with the Company’s Insider Trading Policy,

its Corporate Disclosure Policy, as well as with securities regulations.

The Options are exercisable at a price of $4.88 per share (based on the closing price on March 10, 2023)

and will expire five years from the grant date.

The Company also advi ses the departure of Mr. Nicholas Campbell, the Company’s former Vice

President Capital Markets, effective March 10, 2023 . Mr. Campbell has been and continues to be a

significant supporter and shareholder of the Company and we wish him the very best as he c hooses to

take some personal time away from corporate life.

ARTEMIS GOLD INC.

On behalf of the Board of Directors

“Steven Dean”

Chairman and Chief Executive Officer

For further information

Investor Relations contact:

Gerrie van der Westhuizen

Chief Financial Officer and Corporate Secretary

+1 (604) 637-1141

Media relations contact:

[email protected]

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.