Mr. Steven Dean reports

ARTEMIS GOLD ANNOUNCES GRANTING OF STOCK OPTIONS AND SHARE UNITS

Artemis Gold Inc.'s board of directors has approved the grant of an aggregate of 2,413,500 incentive stock options, 503,500 restricted share units (RSUs) and 33,000 deferred share units (DSUs), pursuant to the company's omnibus incentive plan, to directors, officers and employees of the company. The options are exercisable at a price of $7.22 per share (based on the closing price on Feb. 23, 2024), and will expire five years from the grant date.

The options, RSUs and DSUs collectively represent the company's annual grant of long-term incentives consistent with the company's regular annual compensation cycle. The grant date had been deferred until Feb. 23, 2024, in accordance with the company's insider trading policy, its corporate disclosure policy as well as with securities regulations.

About Artemis Gold Inc.

Artemis Gold is a well-financed, growth-oriented gold 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 current focus is the construction of the Blackwater mine project in central British Columbia approximately 160 kilometres southwest of Prince George and 450 kilometres northeast of Vancouver. The project is one of the largest capital investments in the Bulkley-Nechako, Fraser-Fort George and Cariboo regions of B.C. in the last decade. The first pour of gold and silver from Blackwater mine is expected in the second half of 2024. Artemis Gold trades on the TSX Venture Exchange under the symbol ARTG.