Artemis Gold Inc. amended its gold stream agreement with Wheaton Precious Metals Corp., which will provide an additional US$40 million in funding for Artemis Gold’s Blackwater Mine.
The amendment to the gold stream agreement also increases in the number of ounces of gold to be delivered to Wheaton prior to the reduction in Wheaton’s stream participation from 8% to 4%.
Cassels acted for Artemis Gold.