Argonaut Gold Inc.

TORONTO, ONTARIO--(Marketwired - Nov 5, 2013) - Argonaut Gold Inc. (TSX:AR) (the "Company", "Argonaut Gold" or "Argonaut") is pleased to announce they have signed an agreement pursuant to which the Company will acquire the San Agustín project, located 10 kilometers from the their El Castillo project in Durango, Mexico, from Silver Standard Resources (TSX:SSO) ("Silver Standard Inc."). Under the terms of the agreement, Argonaut Gold will purchase San Agustin for aggregate consideration of: $15 million cash payable at closing; $30 million of Argonaut shares issued at closing (based on the 5-day volume weighted average sale price for Argonaut shares trading on the TSX prior to signing the definitive agreement); $10 million ... [...]