On July 28, 2022, Artemis Gold Inc. executed a Master Lease Agreement for the equipment lease facility with Caterpillar Financial Services Limited (“Cat Financial”) associated with the primary and ancillary mining fleet for the Blackwater Project in Central British Columbia, Canada.
The facility with Cat Financial provides for up to $140 million in equipment financing, with amounts associated with the primary fleet repayable over a six-year period.
Cassels acted for Artemis Gold.