Argonaut Gold Inc. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis by way of private placement, 3,400,000 Canadian Exploration Expense and 13,800,000 Canadian Development Expense flow-through common shares of the Company, at a price of C$2.95 per CEE Flow-Through Common Share
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