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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