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Argyle Resources Corp. ( (TSE:ARGL) ) has provided an update.
Argyle Resources Corp. has successfully closed a C$500,000 offering of units, each consisting of one common share and one share purchase warrant. The proceeds will be used for legal and accounting expenses, marketing, mineral property exploration, and general working capital. This financing positions Argyle to further its exploration activities and strengthen its market presence in the mineral exploration industry.
More about Argyle Resources Corp.
Argyle Resources Corp. is a junior mineral exploration company focused on acquiring, exploring, staking, and evaluating natural resource properties in North America. It owns several projects in Québec, Canada, and has options on properties in Ontario and Nova Scotia. The company is also engaged in a research partnership with the National Institute of Scientific Research in Québec.
Average Trading Volume: 69,734
Technical Sentiment Signal: Sell
For detailed information about ARGL stock, go to TipRanks’ Stock Analysis page.