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 [...]
Argus Metals announces that, further to the Company's news release dated May 22, 2012, the Company has successfully completed its 2012 drill program on the Kaituma Uranium/Gold Project in north-west Guyana. President Michael Collins stated, "The Kaituma uranium/gold project has been, up until now, one of the few undrilled uranium exploration [...]