May 25, 2016 / 1:37 PM / a year ago

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

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)

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