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| Home : Argonaut Exploration Inc. Announces Signing of Financing Engagement with IBK Capital Corp. |
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Feb 28
2013 |
Argonaut Exploration Inc. Announces Signing of Financing Engagement with IBK Capital Corp. |
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CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) - Argonaut Exploration Inc. (the "Company" or "Argonaut") (TSX VENTURE:AGA) announces that it has engaged IBK Capital Corp. ("IBK Capital") to complete, on terms and conditions acceptable to the Company, a private placement (the "Financing") of up to $550,000 on a best efforts basis following the due diligence requirements of IBK Capital. The Financing will consist of up to 11,000,000 units of the Company ("Units") priced at $0.05 per Unit. Each Unit will consist of one common share in the capital of the Company ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"). Each whole Warrant shall be exercisable into one Common Share at a price of $0.10 per Common Share for a period of eighteen months from the date of issue. |
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| Source:http://www.marketwire.com/mw/release.do?id=1762669&sourceType=3 |
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