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Artemis Gold Provides Corporate Updates

Corporate Updates

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

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

NEWS RELEASE

May 9, 2023 Trading Symbol: TSX-V: ARTG

Artemis Gold Provides Corporate Updates

Vancouver, British Columbia – Artemis Gold Inc. (TSX-V: ARTG) (“Artemis Gold” or the “Company”) is

pleased to provide the following corporate updates:

Appointment of Dale Andres as Independent Director in place of retiring Bill Armstrong

Mr. Dale Andres ha s been appointed to the Board of Directors of Artemis Gold effective

immediately , replacing Mr. Bill Armstrong who is retiring from the Board for personal reasons .

Mr. Andres has more than 30 years’ experience in the resource industry and currently serves as

Chief Executive Officer and Director of Gatos Silver, Inc. Prior to this, Mr. Andres also enjoyed

a distinguished career of increasing seniority within Teck Reso urces Limited where he served

as Senior Vice President, Base Metals, Senior Vice President, Copper, Vice President, Copper

Strategy and North American Operations, Vice President, Gold and International Mining, as well

as General Manager, Underground Mines. Mr. Andres holds a Bachelor of Science degree in

Mining Engineering from Queens University, as well as a Graduate Diploma in Business

Administration from the Simon Fraser University.

Appointment of Meghan Brown as Vice President Investor Relations

Ms. Meghan Brown has been appointed as Vice President Investor Relations, effective June 1,

2023.

Ms. Brown is a highly regarded investor relations professional with more than 25 years

experience in the mining industry. During this time, she advanced through the ranks of Suncor

Energy, Placer Dome Inc., Endeavor Silver Corp. and Leagold Mining Corporation and was most

recently Vice President Investor Relations of Aris Gold Corporation. Ms. Brown is a past recipient

of the Canadian Investor Relations Institute (“ CIRI”) Award of Excellence in Investor Relations,

is a former Chair of the CIRI Board, former Chair of the CIRI BC Chapter Executive and Vice

Chair of the Canadian Cancer Society BC/Yukon division. Ms. Brown holds a BA degree from

the University of British Columbia and an MBA from Queens University. She will be based in the

Company’s Vancouver head office.

Steven Dean, Chairman and CEO of Artemis Gold commented, “ I would like to take this opportunity to

recognize Bill’s tremendous contributions to the Board and each of the Board Committees that he served

on with distinction. We are also grateful that the quality of our Blackwater asset allows us to attract a

mining professional of Dale’s technical, development and operating acumen as an independent director.

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

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

Mr. Dean added , “I am very excited to have Meghan join us. Her experience and expertise in investor

relations will be key to expanding awareness of Blackwater and its value opportunity within the capital

markets.”

-30-

ARTEMIS GOLD INC.

On behalf of the Board of Directors

“Steven Dean”

Chairman and Chief Executive Officer

+1 604 558 1107

For further information

Investor Relations contact

Gerrie van der Westhuizen

Chief Financial Officer and Corporate Secretary

+1 (604) 558-1107

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.