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Argyle Resources plans private placement and LIFE offering to raise over $1.2M for mineral exploration.

Company Fundamentals
09 Jun 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Argyle Resources Corp. announced plans for a non-brokered private placement to raise up to $620,000 by issuing 2,695,652 units at $0.23 each, and a concurrent LIFE offering to raise up to $590,000 through 2,565,217 LIFE units at the same price. Each unit includes one common share and one warrant exercisable at $0.31 within 24 months. The LIFE offering units are exempt from resale restrictions and warrants become exercisable 60 days post-closing. Proceeds will fund mineral exploration, working capital, and related expenses. The offerings are subject to regulatory approval and expected to close around June 20, 2026.

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