Argyle Resources Corp. ( (TSE:ARGL) ) has provided an update.
Argyle Resources Corp. announced a non-brokered private placement offering, aiming to raise approximately $1,000,000 through the issuance of units priced at $0.42 each. This initiative is part of Argyle’s ongoing efforts to fund its exploration projects and enhance its position in the mineral exploration sector. The offering underscores the company’s strategic focus on advancing its resource properties and could potentially impact its financial standing and stakeholder interests.
More about Argyle Resources Corp.
Argyle Resources Corp. is a junior mineral exploration company focused on acquiring, exploring, and evaluating natural resource properties in North America. The company holds interests in various projects, including the Frenchvale Graphite Property in Nova Scotia and several quartzite silica projects in Quebec, Canada. Argyle collaborates with the INRS for exploration programs on its silica projects.
YTD Price Performance: -10.17%
Average Trading Volume: 120,762
Technical Sentiment Consensus Rating: Strong Buy
See more data about ARGL stock on TipRanks’ Stock Analysis page.