Artemis Resources Ltd (ASX:ARV) (FRA:ATY) has been granted a trading halt by the ASX pending the release of information regarding a change to the structure and responsibilities of its board and management team.
The announcement will be made when the restructure is finalised.
Artemis’ trading halt will remain in place until the start of normal trading on Wednesday, February 6, 2019, or when an announcement is released to the market, whichever occurs earliest.
Artemis describes itself as the “first West Pilbara company to consolidate a significant portfolio of base, battery and precious metal assets with a strategically-located processing plant.”
It has 2,400 square kilometres of what it calls “the Pilbara’s best gold, base and battery tenure”.
READ: Artemis Resources puts $5.4 million to use on Carlow Castle and Armada in Pilbara
The company is currently finalising a resource update for its flagship Carlow Castle Gold-Copper-Cobalt Project in the West Pilbara region of Western Australia.
A week ago the company also shared news on an exploration prospect separate to its main group of projects - Armada in the East Pilbara region.