Artemis Gold Announces Financial Close of $700 Million Revolving Credit Facility; Repays Project Loan Facility

Press Release

September 29, 2025

Vancouver, British Columbia – Artemis Gold Inc. (TSX-V: ARTG) (“Artemis Gold” or the “Company”) announces that it closed on the previously-announced $700 million Revolving Credit Facility (the “RCF”) on September 26, 2025 and concurrently extinguished its project loan facility with a drawdown of approximately $450 million on the RCF.

Artemis Gold CEO Dale Andres commented: “We are pleased to have closed the RCF on a timely basis reflecting the merits of our Blackwater operation and the quality institutions in the lending syndicate. The continued support of our existing lenders, as well as a new first tier Canadian lender, is further endorsement of Blackwater’s status as a Tier 1 asset and its significant cash flow generation capacity. The RCF provides the Company with additional long-term balance sheet liquidity and financial flexibility to deliver on our future growth projects, including the recently announced Phase 1A project that will expand our current design capacity by 33%, as well as an accelerated and larger Phase 2 expansion project for which we are targeting an investment decision later this year.”

About Artemis Gold

Artemis Gold is a well-financed, growth-oriented gold and silver producer and development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The Company’s primary focus is the operation and further development of the Blackwater Mine in central British Columbia, approximately 160km southwest of Prince George and 450km northeast of Vancouver. The first gold and silver pour at Blackwater was achieved in January 2025 and commercial production was declared on May 1, 2025. Artemis Gold trades on the TSX-V under the symbol ARTG and the OTCQX under the symbol ARGTF. For more information visit www.artemisgoldinc.com.

Qualified Person

Artemis Gold President, Jeremy Langford, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

Investor Relations contact

Meg Brown
Vice President, Investor Relations
mbrown@artemisgoldinc.com
+1 778 899 0518

Media relations contact
media@artemisgoldinc.com

IBF4