Argo Corporation Announces Proposed Financing Arrangements

TORONTO, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Argo Corporation (TSXV: ARGH), (OTCQX: ARGHF) ("Argo" or the "Company"), a leader in next-generation transit solutions, announced its intention to issue and sell up to 21,250,000 common shares ("Common Shares") of the Company at a price of $0.40 per Common Share, for proceeds of up to $8,500,000 pursuant to a non-brokered private placement (the "Offering") and its intention to enter into a $1,500,000 secured loan (the “Loan”) pursuant to a non-binding letter of int ...