Artemis Resources Ltd (ASX:ARV, AIM:ARV, OTCQB:ARTTF, FRA:ATY) shares dropped around 20% on Thursday after it announced the cancellation of its AIM market admission, effective from 13 February 2026.
The decision follows a review of the costs and benefits of maintaining the dual listing. Artemis cited limited UK liquidity, increased regulatory burdens and ongoing capital-raising challenges in the UK as key reasons for the move.
The shares will remain listed and tradeable on the Australian Securities Exchange, the company said. It noted that it will not implement a matched bargain facility post-cancellation.
In London, Artemis shares were down around 17% at 0.33p, having traded as low as 0.2p in opening deals.