Argus Metals announces that: Argus has entered into a mineral property option agreement with Utah Mineral Resources, LLC to earn up to a 100% interest in and to the Panther Creek Cobalt Project located in the heart of the Idaho Cobalt Belt. The Company also announces a minimum $1,000,000 private placement; $0.10 unit with a $0.30 half warrant for [...]
Argus Metals announces the 2017 exploration program on the Ike Project in the Selwyn Basin of the Yukon. Argus is conducting a geological mapping and sampling program in the Ike project. The company will be targeting a gold mineralization in association with a significant east west fault that is associated with limestone rock and an interpreted [...]
Argus Metals announces the closing of the first tranche of its previously announced private placement by issuing 1,638,000 units of the Company at a price of $0.10 per Unit and 302,981 flow-through common shares of the Company at a price of $0.12 per share. The aggregate gross proceeds raised in this first tranche of the Private Placement total [...]
Argus Metals announces it has closed a non-brokered private placement of a secured convertible debenture for gross proceeds of $60,000. Dated March 24th, 2017, the term of the debenture is 36 months and bears interest at 8% calculated and payable semi-annually. The debenture is convertible into common shares at $0.15 per share, at any time at the [...]
Argus Metals provides an update on its planned acquisition of the Yanamina Gold Project in Peru and details of its planned private placement. On June 16, 2014 the Company announced its proposed purchase of the Yanamina Gold project from Coronet Metals. The transaction would involve the Company acquiring Coronet's wholly owned Peruvian subsidiary [...]
Argus Metals and Coronet Metals announce that they have signed a definitive agreement whereby Argus will purchase the Yanamina Gold project from Coronet. On the close of this transaction Coronet will own 40% of Argus and have the right to maintain its ownership through any future financings by Argus. Further details of the transaction are found [...]
Argus Metals Cannounces that at its annual general meeting of shareholders held on December 19, 2014 each of Michael Collins, Paul D. Gray, Robert van Santen, Jason McLaughlin and Fred Tejada were elected as directors. At a subsequent Board meeting, Paul D. Gray resigned as President and CEO and Michael Collins was elected as President and CEO. The [...]
Argus Metals announces that further to its news release of May 31: 1. The TSX Venture Exchange has approved the Company's private placement. The Company raised an aggregate $80,000 through issuance of 1,600,000 units at a price of $0.05 per unit. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the [...]
Argus Metals announces that further to its news releases of September 10, 2012, October 9, December 5, and December 21 the sale by the Company of its Hyland Property in the Yukon to Banyan Gold has closed, and the Company received 4,000,000 common shares of Banyan as partial consideration for the sale. The Company has agreed to distribute all [...]
Argus Metals announces that at its annual general meeting of shareholders held on December 3, 2012 it received shareholder approval of the following: 1. the election of Paul D. Gray (CEO and President), J. Michael W. Collins, Simon Clarke and Nancy L. Curry as directors; 2. the consolidation of its issued and outstanding share capital on the basis [...]
Argus Metals has signed a letter of intent with Banyan Coast Capital for the sale of the Hyland Gold Project to BYN for 4,000,000 common shares of BYN. The Company intends to distribute these shares to all Argus shareholders of record upon completion of the final transaction. Terms of the agreement include: 4,000,000 common shares in BYN to be [...]
Argus Metals announces that the Company has received chemical analyses for 3 complete holes and portions of 2 additional holes of the 17 total reverse circulation drillholes of the 2012 drill program on the Kaituma Project in north-west Guyana. No significant uranium mineralization was encountered within these drillholes. While assays for an [...]