Brief: Argonaut Gold Announces C$80 Million Bought Deal Public Offering

Argonaut Gold

04/12/2023 12:48

Dec 4 (Reuters) - Argonaut Gold Inc  AR.TO :
    * ARGONAUT GOLD ANNOUNCES C$80 MILLION BOUGHT DEAL PUBLIC
OFFERING
    * ARGONAUT GOLD INC - NET PROCEEDS OF OFFERING WILL BE USED
TO
FUND DEVELOPMENT AND OPTIMIZATION OF COMPANY'S MAGINO AND
FLORIDA CANYON MINES
    * ARGONAUT GOLD- CO-LEAD UNDERWRITERS HAVE AGREED TO
PURCHASE FOR
RESALE, ON A "BOUGHT DEAL" BASIS, 210.5 MILLION COMMON SHARES AT
C$0.38 PER OFFERED SHARE
    * ARGONAUT GOLD INC - REMAIN ON TRACK TO MEET LOWER END OF
FULL-YEAR CONSOLIDATED PRODUCTION GUIDANCE

Source text for Eikon:  ID:nCNWmJZQha 
Further company coverage:  AR.TO 

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