Argonaut Gold Announces C$10 Million “Bought Deal” Private Placement of Flow-Through Shares
The gross proceeds from the issue and sale of the Flow-Through Shares will be used by the Company to incur eligible “Canadian exploration expenses” that will qualify as “flow- through mining expenditures” as such terms are defined in the Income Tax Act (Canada) related to the Company’s projects in Ontario on or before December 31, 2021.