Workflow
Quartzite silica
icon
Search documents
Argyle Announces Closing of Private Placement
TMX Newsfile· 2025-12-31 11:00
Core Viewpoint - Argyle Resources Corp. has successfully closed a non-brokered private placement, raising approximately $300,000 through the issuance of 2,000,000 units at a price of $0.15 per unit [1] Group 1: Private Placement Details - The private placement consists of units that include one flow-through common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.20 for 24 months [1] - The proceeds from the private placement will be allocated to Canadian exploration expenses, qualifying as flow-through mining expenditures under the Income Tax Act (Canada) [2] - The company incurred $18,000 in cash finder's fees and issued 120,000 finder's warrants, each exercisable for one common share at $0.20 for 24 months [2] Group 2: Securities Information - The securities issued under the private placement are subject to a hold period of four months and one day [3] - The securities have not been registered under the U.S. Securities Act of 1933 and cannot be offered or sold in the United States without registration or applicable exemptions [4] Group 3: Company Overview - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring, exploring, and evaluating natural resource properties in North America [5] - The company owns a 100% interest in several silica projects in Québec, Canada, and has an option to acquire the Clay Howell Rare Earths Project in northern Ontario [5] - Argyle is engaged in a research partnership with the National Institute of Scientific Research to conduct exploration programs on its silica projects [5]
Argyle Closes First Tranche of LIFE Offering For C$500,000
Newsfile· 2025-10-31 12:21
Group 1 - Argyle Resources Corp. has closed the first tranche of its offering of units at a price of C$0.20 per unit, raising aggregate gross proceeds of C$500,000 [1] - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the purchase of one share at an exercise price of C$0.27 for 24 months [1] - The offering was conducted under the listed issuer financing exemption, meaning the units are not subject to resale restrictions [2] Group 2 - The company paid cash fees of $16,800 and issued 84,000 broker warrants as consideration for finder services, with each broker warrant also exercisable at $0.27 for 24 months [3] - The net proceeds from the offering will be used for legal and accounting expenses, marketing, mineral property exploration, and general working capital [4] Group 3 - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring and evaluating natural resource properties in North America, owning a 100% interest in several silica projects in Québec [6] - The company has options to acquire additional properties, including a rare earth element project in Ontario and a graphite property in Nova Scotia [6] - Argyle is engaged in a research partnership with the National Institute of Scientific Research to conduct exploration programs on its silica projects [6]
Argyle Announces up to C$1,000,000 Life Offering
Newsfile· 2025-10-14 12:30
Core Viewpoint - Argyle Resources Corp. is planning to conduct an offering of a minimum of 2,500,000 units at a price of C$0.20 per unit, aiming to raise gross proceeds of at least C$500,000, with a maximum of 5,000,000 units for up to C$1,000,000 [1] Group 1: Offering Details - Each unit will consist of one common share and one share purchase warrant, with the warrant allowing the purchase of one share at C$0.27 for 24 months post-offering [1] - The offering is subject to raising a minimum of C$500,000 and is scheduled to close around October 22, 2025 [4] - The offering will be conducted under the listed issuer financing exemption, allowing for no resale restrictions in applicable Canadian provinces, excluding Québec [2] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for legal and accounting expenses, marketing, mineral property exploration, general working capital, and other purposes as outlined in the offering document [4] Group 3: Company Overview - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring and evaluating natural resource properties in North America, with a 100% interest in several silica projects in Québec [6] - The company was incorporated in 2023 and is headquartered in Calgary, Alberta [7]
Argyle Announces up to C$1 Million LIFE Offering
Newsfile· 2025-05-26 23:00
Core Points - Argyle Resources Corp. plans to complete an offering of up to 2,000,000 units at a price of C$0.50 per unit, aiming for gross proceeds of up to C$1,000,000 [1] - Each unit consists of one common share and one-half of a share purchase warrant, with the warrant allowing the purchase of one share at C$0.55 for 24 months [1] - The offering will be conducted under the listed issuer financing exemption, allowing for no resale restrictions in most Canadian provinces [2] Financial Details - The offering is scheduled to close on or about June 6, 2025, and is subject to raising a minimum of C$750,000 [4] - Proceeds from the offering will be used for general working capital purposes [4] Company Overview - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring and evaluating natural resource properties in North America [6] - The company holds a 100% interest in several silica projects in Québec and has options to acquire additional properties in Ontario and Nova Scotia [6] - Established in 2023, the company is headquartered in Calgary, Alberta [7]