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Argo Corp
Symbol ARGH
Shares Issued 257,585,455
Close 2026-02-26 C$ 0.365
Market Cap C$ 94,018,691
Recent Sedar+ Documents

Argo loan agreement, bonus warrants

2026-02-26 16:50 ET - Miscellaneous

The TSX Venture Exchange has accepted for filing documentation in relation to a secured loan agreement dated Feb. 4, 2026, between Argo Corp. and North American Bond Company Ltd. The loan is in the principal amount of $1.5-million, bears interest at 12 per cent per annum and matures on Feb. 4, 2028. The loan is secured by a first-ranking general security agreement.

In connection with the loan, the exchange has accepted the issuance of 2,062,500 non-transferable bonus warrants. Each warrant entitles the holder to purchase one common share at a price of 44 cents until Feb. 4, 2028.

The warrants are subject to a four-month-and-one-day hold period expiring June 5, 2026. The warrants also contain exercise restrictions preventing the holder from crossing the 10-per-cent (insider) or 20-per-cent (control person) ownership thresholds without further regulatory compliance and/or disinterested shareholder approval.

For further details, refer to the company's news release dated Feb. 4, 2026.

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