10:02:21 EDT Wed 09 Jul 2025
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Artemis Gold Inc
Symbol ARTG
Shares Issued 227,238,583
Close 2025-06-19 C$ 25.72
Market Cap C$ 5,844,576,355
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Artemis appoints Andres as CEO, director

2025-06-19 18:46 ET - News Release

Ms. Meg Brown reports

ARTEMIS GOLD ANNOUNCES MANAGEMENT CHANGES

Artemis Gold Inc. has made the following management changes.

Dale Andres has been appointed chief executive officer and director of the company, effective June 23, 2025. Mr. Andres has been a non-executive director of the company since May 9, 2023. Mr. Andres is a seasoned mining executive with more than 30 years of international experience in the resource industry, most recently serving as chief executive officer and director of Gatos Silver Inc. until its recent acquisition for $970-million (U.S.). Prior to this, Mr. Andres enjoyed a distinguished career of increasing executive responsibility within Teck Resources Ltd., including serving as senior vice-president, base metals, senior vice-president, copper, and vice-president, gold and international mining. Mr. Andres holds a bachelor of science degree in mining engineering from Queen's University, as well as a graduate diploma in business administration from Simon Fraser University.

Steven Dean, founder of the company, will continue with the company as executive chair and director.

Jeremy Langford will continue with the company as president, now with a sole focus on business growth, asset optimization and development.

Executive chair Mr. Dean commented: "We know Dale well not only as a non-executive director of the company but also for his very successful career with Teck Resources, rising to having responsibility for its base metal business, as well as his exemplary job in creating shareholder value and ultimately realizing a premium through the sale of Gatos Silver.

"Artemis Gold has achieved rapid growth, and is expected to continue that pace with the next step focused on optimizing the design and cost estimate for the phase 2 expansion, with an expected investment decision by the board later this year. Having Dale and Jeremy working as a team provides broader and even greater management bench strength, which will allow for the contemporaneous optimization of Blackwater phase 1 operations and the execution of the phase 2 expansion."

Incoming chief executive officer Mr. Andres said: "I am excited to be joining Artemis Gold as CEO and look forward to working closely with Jeremy and the rest of our outstanding management team, along with our first nations partners and stakeholders. With one of the largest gold deposits in Canada, Artemis Gold is well positioned to drive additional value, and has one of the most successful and experienced precious metals operating and development teams in the industry globally."

Artemis Gold president Mr. Langford commented: "Dale's addition to our company and team is for me very exciting. This change allows the development team to focus on optimizing the phase 1 design while in parallel fast-tracking the design and execution of phase 2 of Blackwater.

"Our disciplined approach to designing, developing, commissioning, operating and expanding at the level we have demonstrated to date demands broader expertise and a proven pedigree of success. Dale brings all this to our company and much more, and is a critical addition to our next phase of growth."

About Artemis Gold Inc.

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 current focus is the Blackwater mine in central British Columbia approximately 160 kilometres southwest of Prince George and 450 kilometres 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 Venture Exchange under the symbol ARTG and on the OTCQX under the symbol ARGTF.

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