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 1,110,200 incentive stock options, 495,500 restricted share units and 20,400 deferred share units, pursuant to the company's omnibus incentive plan, to directors, officers and employees of the company. The options are exercisable at a price of $15.81 per share (based on the closing price on Feb. 28, 2025) 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.

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 Blackwater mine in central British Columbia, approximately 160 kilometres southwest of Prince George and 450 km northeast of Vancouver. The first gold and silver pour at Blackwater was achieved in January, 2025, and the company is focused on ramping up to commercial production in the second quarter of 2025.

Qualified person

Artemis Gold president and chief operating officer Jeremy Langford, FAUSIMM, a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

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