Argo Gold announces that it has granted an aggregate of 500,000 options to purchase common shares of the Company exercisable at a price of $0.10 per share and expiring on June 14, 2021 to consultants of the Corporation. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant. About Argo Gold Inc. Argo Gold is listed on the Canadian Securities Exchange [...]
Given the heightened cobalt supply concerns and the forecast of more than a triple in demand over the next decade, Argo Gold Inc. has acquired several cobalt projects in Ontario. Argo Gold has staked the Fortune Lake Property consisting of 46 claim units covering 942 hectares on the eastern end of the Werner — Rex Lakes Fault Zone, and the Campfire Lake Property consisting of 41 claim units covering 890 hectares on the [...]
Argo Gold is pleased to announce that Ken Storey has been appointed as CFO of the Company. Mr. Storey is a Certified Professional/Management Accountant and Business Analyst with over 25 years of private and public entity accounting experience. He brings a solid background of financial expertise, operational and business experience to Argo Gold, including financial reporting, restructuring, acquisitions, strategic [...]
Argo Gold has staked additional mineral claims around its flagship and core projects as well as staking the Angela Lake Gold Project. Argo Gold acquired nine claim units totaling 1.7 square kilometres near Angela Lake at the north end of the Birch Uchi greenstone belt in the Red Lake Mining Division. Very localized gold in basal till was discovered in the 1970's in an area with very little outcrop. Further exploration in [...]
Argo Gold is pleased to announce that, further to its news release of March 21, 2018, it has sold its 100% interest in 16 unpatented mining claims comprising its Rockstar Gold Property located in the Sault Ste. Marie Mining Division to Manitou Gold, pursuant to a mining claim acquisition agreement dated March 20, 2018. Pursuant to the terms of the agreement, the Company sold the Rockstar Property in exchange for [...]
Argo Gold has entered into an agreement with Manitou Gold pursuant to which Argo Gold has agreed to sell its 100% interest in 16 unpatented mining claims comprising its Rockstar Gold Property located in the Sault Ste. Marie Mining Division to Manitou. Pursuant to the terms of the agreement the Company has agreed to sell the Rockstar Property, in exchange for: CDN$200,000 payable to the Company on the closing date; 4 [...]
Argo Gold has entered into a mining claim acquisition agreement with Premier Gold Mines pursuant to which Argo Gold can acquire a 100% interest in certain mineral claims adjacent to Argo Gold's 100%-owned Woco Gold Project located in Earngey Township, which is approximately 90 kilometres east of Red Lake, Ontario and 1.5 kilometres south of the past-producing Uchi Gold Mine. In exchange for these mineral claims, Premier [...]
Argo Gold is pleased to announce that Betty Soares has been appointed as CFO of the Company. Ms. Soares has over 15 years' experience in accounting, finance and business planning within the mining sector. She has held increasingly senior financial positions with global accountabilities. From 2016 to present, Ms. Soares held various advisory roles providing financial strategic leadership to several publicly listed [...]
Argo Gold announces that it has entered into a purchase and sale agreement to sell a 100% interest in the South Wawa gold property to RT Minerals for consideration of 350,000 common shares of RT Minerals. The South Wawa gold property consists of two mineral claims totaling 16 units or 256 hectares located approximately 10 kilometres south of the Town of Wawa, Ontario in Naveau Township. The Property is bordered to the [...]
Argo Gold announces that it settled an aggregate of $152,000 of indebtedness of the Company with various arm's length creditors through the issuance of an aggregate of 760,000 common shares at a price of $0.20 per Common Share. The Common Shares issued pursuant to the debt settlement are subject to a four month and one day hold period pursuant to applicable securities laws.
Argo Gold would like to issue a correction from source to the news release disseminated on December 1, 2017 at 6:00 a.m. The terms of the Letter Agreement listed in the second paragraph were incorrectly listed. Payments will be made to the Company and not the Purchaser. The correct version is as follows: Argo Gold has entered into a letter agreement with an arm's length purchaser pursuant to which Argo Gold has agreed to [...]
Argo Gold has entered into a letter agreement with an arm's length purchaser pursuant to which Argo Gold has agreed to sell its 100% interest in 16 unpatented mining claims comprising its Rockstar Property located in the Sault Ste. Marie Mining Division for aggregate proceeds of CDN$700,000. Pursuant to the terms of the Letter Agreement the Company has agreed to sell its Rockstar Property, in exchange for:
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