BRIEF-Argonaut Gold issues 1.3 mln flow-through common shares on a private placement basis

Wed May 25, 2016 9:33am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

May 25 (Reuters) - Argonaut Gold Inc :

* Raises C$4.5m via private placement of flow-through common shares and provides update on planned activities at Magino project

* Issued 1.3 million flow-through common shares on a private placement basis at a price of c$3.55 per flow-through share

* Through shares will be used to fund Canadian exploration expenses Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)