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Trading Symbol: TSX: AR
TORONTO , Oct. 14, 2020 /CNW/ - Argonaut Gold Inc. (TSX: AR) (" Argonaut " or the " Company ") is pleased to announce that it has closed its previously announced "bought deal" private placement of an aggregate of 3,002,650 common shares in the capital of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act ( Canada )) (the " Flow-Through Shares ") at a price of C$3.83 per Flow-Through Share for aggregate gross proceeds of C$11,500,149.50