TORONTO, April 4, 2024 /CNW/ - Alamos Gold Inc. ("Alamos") (TSX:AGI.TO) (NYSE:AGI) and Argonaut Gold Inc. ("Argonaut") (TSX:AR.TO) today announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed (the "Private Placement") for 174,825,175 common shares of Argonaut (the "Acquired Shares"), representing approximately 13.8% of Argonaut's total outstanding common shares (the "Common Shares") after giving effect to the Private Placement. The Acquired Shares were acquired at a price of C$0.286 per share, for total gross proceeds to Argonaut of C$50,000,000.
Read more at newswire.caAlamos and Argonaut Close Previously Announced Private Placement
Newswire.ca -
Thu Apr 4, 2024
Columnist
Contributor Content
Press Release
Sponsored Content
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
This article could contain syndicated content. We have not reviewed, approved, or endorsed the content and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
/An%20image%20of%20a%20Tesla%20humanoid%20robot%20in%20front%20of%20the%20company%20logo%20Around%20the%20World%20Photos%20via%20Shutterstock.jpg)
/A%20Palantir%20office%20building%20in%20Tokyo_%20Image%20by%20Hiroshi-Mori-Stock%20via%20Shutterstock_.jpg)
/Tesla%20Inc%20tesla%20by-%20Iv-olga%20via%20Shutterstock(1).jpg)
/AI%20(artificial%20intelligence)/Data%20Center%20by%20Caureem%20via%20Shutterstock%20(2).jpg)
/Quantum%20Computing/A%20concept%20image%20of%20a%20green%20and%20yellow%20motherboard_%20Image%20by%20Gorodenkoff%20via%20Shutterstock_.jpg)