May 14, 2018 / 3:51 AM / in 3 months

BUZZ-Australia's Artemis Resources posts biggest intraday pct gain in over 1 week

** Gold producer Artemis Resources Ltd rises as much as 5.3 pct to A$0.2

** Gold prices up 0.2 pct at $1,320.7 per ounce at 0338 GMT

** On Friday, Kirkland Lake Gold said it would buy 4 mln shares of Novo Resources Corp for C$20 mln ($15.65 mln)

** Artemis owns 16.33 pct undiluted stake and 23.14 pct partially diluted stake in Novo

** Artemis’ stock posts its biggest intra-day pct gain since May 4 ($1 = 1.2781 Canadian dollars)

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