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Argo Arranges Private Placement Offering
Newsfileยท2025-08-15 23:00

Group 1 - Argo Graphene Solutions Corp. announced a non-brokered private placement offering of up to 500,000 Units at a price of CDN$0.70 per unit, aiming for aggregate gross proceeds of CDN$350,000, with an over-allotment option for an additional 75,000 Units for up to CDN$52,500 [1][2] - Each unit consists of one common share and one transferable share purchase warrant, allowing the holder to purchase an additional common share at $0.80 per share for 24 months post-closing [2] - Proceeds from the offering will be used for general working capital and to continue research and development of graphene products [3] Group 2 - The company has renewed its contract with King Tide Media LLC for marketing services to enhance public awareness, budgeting up to US$50,000 for a two-month period starting August 1, 2025 [4] - Argo Graphene Solutions Corp. focuses on developing sustainable, high-performance solutions for the construction and agricultural industries through its subsidiary, Argo Green Concrete Solutions Inc. [5]