Artemis Gold Inc (ARTG) Financings
TSXV: ARTG · Gold, Silver · Production stage
- Market cap$9.34B
- Share price$39.73
- 52-week range$29.13 – $48.80
- Shares outstanding235,054,192
- ExchangeTSXV
- Websitewww.artemisgoldinc.com
Artemis Gold is a well-financed, growth-oriented gold and silver producer and development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The Company's primary focus is the operation and further development of the Blackwater Mine in central British Columbia approximately 160km southwest of Prince George and 450 kilometres northeast of Vancouver. The first gold and silver pour at Blackwater was achieved in January 2025 and commercial production was declared on May 1, 2025. Artemis Gold trades on the TSXV under the symbol ARTG and the OTCQX under the symbol ARGTF. For more information visit www.artemisgoldinc.com.
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Artemis Gold Inc financial statements
Key figures read from 29 of 29 financial statement filings, Aug 29, 2019 to Aug 6, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$). Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| Dec 2025 thousands | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$168,104 | C$28,279,214 | C$156,590,674 | C$194,089,372 | C$131,359,116 |
| Short-term investments | — | — | — | C$0 | C$1,121,097 |
| Total current assets | C$225,930* | C$52,825,714* | C$166,825,321* | C$197,057,713* | C$133,131,352* |
| Total current liabilities | C$279,734 | C$306,595,228 | C$57,044,673 | C$25,288,601 | C$5,430,523 |
| Working capital | (C$53,804) | (C$253,769,514) | C$109,780,648 | C$171,769,112 | C$127,700,829 |
| Exploration and evaluation assets | C$2,066,267 | C$1,643,313,710 | C$904,114,838 | C$435,711,939 | C$313,254,164 |
| Property, plant and equipment | — | — | — | — | C$0 |
| Total assets | C$2,469,807 | C$1,706,407,650 | C$1,120,774,348 | C$656,751,424 | C$469,791,431 |
| Debt | C$450,134 | C$477,447,479 | C$143,497,758 | — | — |
| Total liabilities | C$1,457,806 | C$1,115,555,267 | C$539,418,893 | C$79,323,693 | C$50,464,196 |
| Shareholders' equity | C$1,012,001 | C$590,852,383 | C$581,355,455 | C$577,427,731 | C$419,327,235 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$). Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| FY Dec 2025 thousands | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | C$913,939 | — | — | — | — |
| Cost of sales | (C$210,828) | — | — | — | — |
| General and administrative | (C$20,494) | C$7,229,755 | C$7,113,858 | C$6,286,651 | C$4,080,743 |
| Share-based compensation | — | C$7,998,029 | C$4,467,272 | C$5,078,570 | C$4,579,325 |
| Impairments and write-downs | — | — | C$0 | (C$9,889,867) | — |
| Net income (loss) | C$349,161 | (C$31,441,523) | (C$11,445,131) | (C$21,629,912) | (C$13,710,752) |
Cash flow statement: annual key figures
Canadian dollars (C$). Each column is in the units its statement was printed in, shown under the date. Losses and cash outflows are in brackets.
| FY Dec 2025 thousands | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | C$560,706 | (C$8,811,364) | (C$8,519,913) | (C$6,053,517) | (C$5,728,083) |
| Investing cash flow | (C$391,954) | (C$453,087,616) | (C$418,374,336) | (C$96,791,646) | (C$79,657,626) |
| Financing cash flow | (C$28,927) | C$333,587,520 | C$389,395,551 | C$165,575,419 | C$164,897,999 |
| Exploration spending (capitalized) | (C$401,371) | (C$482,774,551) | (C$396,424,022) | (C$96,914,142) | (C$83,644,296) |
| Property, plant and equipment spending | — | — | — | — | C$0 |
| Proceeds from share issues | — | — | C$0 | C$171,598,515 | C$164,962,717 |
| Change in cash | C$139,825 | (C$128,311,460) | (C$37,498,698) | C$62,730,256 | C$79,512,290 |
| Cash at end of period | C$168,104 | C$28,279,214 | C$156,590,674 | C$194,089,372 | C$131,359,116 |
Artemis Gold Inc financings
2 financings announced or closed by Artemis Gold Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-27 | Artemis Gold Inc (ARTG) | Debt | Closed, 1 tranche | $450.0M | — | Artemis Gold Announces Pricing of $450 Million, 5-Year Senior Unsecured Notes to Refinance Revolving Credit Facility |
| 2025-08-12 | Artemis Gold Inc (ARTG) | Debt | Closed, 1 tranche | $700.0M | $0.430 | Artemis Gold Reports Q2 2025 Results Consistent with Guidance: Q2 Production of 50,623 ounces gold and Post-commercial AISC US$805 per ounce, and Announces $700M Revolving Credit Facility |
Artemis Gold Inc debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Artemis Gold Inc has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2026-02-03 | Notes / bonds, closed / funded | — | C$450M | 5.625%, matures 2031 |
| 2025-09-29 | Credit facility, closed / funded | — | C$700M | — |
| 2025-09-29 | Loan, repaid / settled | — | C$450M | — |
| 2023-12-15 | Loan, closed / funded | — | C$150M | — |
| 2022-02-24 | Credit facility, proposed | Macquarie Bank | C$385M | — |