By Sheri Kasprzak
New York, Dec. 22 - Argonaut Resources NL said it has completed a private placement for A$1.5 million.
The company issued 12.5 million shares at A$0.12 each to sophisticated and professional investors.
Based in Sydney, Australia, Argonaut is a precious metals exploration company.
Issuer: | Argonaut Resources NL
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Issue: | Stock
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Amount: | A$1.5 million
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Shares: | 12.5 million
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Price: | A$0.12
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Warrants: | No
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Settlement date: | Dec. 22
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Stock price: | A$0.15 at close Dec. 22
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