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Bullboard - Stock Discussion Forum Argonaut Gold Inc T.AR

Alternate Symbol(s):  T.AR.DB.U | ARNGF

Argonaut Gold Inc. is a gold producer with a portfolio of operations in North America. The Company’s operating mines include Florida Canyon, Magino, La Colorada and San Agustin. The Florida Canyon Gold Mine area is situated in northwestern Nevada within the Basin and Range physiographic province. The Magino mine property is a past producing underground gold mine located 40 kilometers (km... see more

TSX:AR - Post Discussion

View:
Post by okgonow on Apr 04, 2024 12:59pm

Re; PR

Immediately prior to the closing of the Private Placement, Alamos did not have beneficial ownership of, or control or direction over, any Common Shares. After giving effect to the Private Placement, Alamos has beneficial ownership of, or control or direction over, 174,825,175 Common Shares, or approximately 13.8% of the issued and outstanding Common Shares.

as mentiond before that gives them voting rights over those shares as well making the total yes votes 53.8%

Sick a fork in it this deal is done unless someone else showes up with a higher counter-offer
Comment by crazytimes on Apr 04, 2024 1:05pm
Why not of just raised the 50 from current shareholders and let this be a 10 bagger in 2 years when the hedges run off. What do you think the chances are of Alamos even doubling? What a shame? New guy throws in the towel right at the finish line right after giving self tons of cheap shares and right in the middle of a historic run up in gold which was already could of been hedged up high to get ...more