Artemis Resources Ltd (ASX:ARV) (FRA:ATY) (OTCMKTS:ARTTF) has appointed European investment and financial markets consulting firm Deutsche Gesellschaft für Wertpapieranalyse Gmbh (DGWA) to support its listing on the Frankfurt Stock Exchange.
DGWA will support Artemis’ management in expanding the profile of the company’s base, battery and precious metal assets and in leveraging its existing Frankfurt listing.
The German investment firm consults to various companies, investors, institutions and federal organisations regarding their investment strategies.
READ: Artemis Resources’ exceptional drill results reveal value of Carlow Castle
Artemis chief executive officer Wayne Bramwell said the company was looking forward to working with DGWA to increase Artemis’ profile across Europe.
Bramwell said: “As the first company to consolidate a West Pilbara package of base, battery and precious metal assets with a processing plant, Artemis should be of great interest to German and European investors.”
Artemis is rapidly advancing its Carlow Castle cobalt, gold and copper project, with extensional and infill drilling ongoing this quarter.
Greater exposure to battery metal opportun ities
Commenting on the appointment, DGWA’s founder & CEO Stefan Müller said the firm was pleased to be working with Artemis as it expanded its presence in the European market.
Müller said: “Base, battery and precious metals are well understood here and Carlow Castle will be of particular interest to European retail, institutional and strategic investors as many are seeking greater exposure to battery metal opportunities outside of Africa.
“Germany is one of the world’s largest producers of premium automobiles and its manufacturers are at the forefront of the electric vehicle and hybrid revolution.”
READ: Artemis Resources to install and commission new circuits at Radio Hill plant
Müller graduated as a banker, beginning his career at Dresdner Bank AG as senior vice-president of global equity trading.
He has held senior positions with Equinet AG, Bankhaus Sal Oppenheim as head of global proprietary trading, as well as managing partner at Proprietary Partners AG, a Swiss-based hedge fund advisory company.
DGWA consults to various companies, investors, institutions and federal organisations regarding their investment strategy.
READ: Artemis Resources’ multi-mineral Pilbara exploration yields potential for Radio Hill processing
Earlier in the year Artemis revealed an indicated and inferred JORC resource for Carlow Castle of 2.3 million tonnes at 1.3 g/t gold, 0.11% cobalt, 0.5% copper and 1.6 g/t silver.
Assay results indicated high-grade cobalt at the prospect, with one hole returning 6.5 metres at 23.44 g/t gold, 2.32% cobalt and 10.35% copper from 47 metres.
Results announced this week confirmed the high-grade mineralisation, intersecting 132 metres at 4.89 g/t gold, 0.25% cobalt and 1.11% copper from 98 metres.
Carlow Castle is around 35 kilometres by road from Artemis’ 100%-owned Radio Hill plant.