Argyle Announces Filing of Amended and Restated LIFE Offering Document

Executive Summary

• Argyle Resources Corp. filed an amended and restated offering document to update the terms, minimum size, and use of proceeds for its proposed private placement offerings.
• The amendment establishes a minimum offering threshold for the LIFE Offering and clarifies the funds available upon closing and their intended corporate use.
• The company continues to pursue two concurrent private placements priced at $0.23 per unit, with updated regulatory hold periods and unregistered security disclosures.

Key Details

• Amended Document: Filed June 19, 2026, amending and restating the original offering document dated June 9, 2026.
• LIFE Offering: Up to 2,565,217 LIFE Units at $0.23 per unit, targeting gross proceeds of up to $590,000.
• Minimum Offering Size: 1,086,956 LIFE Units, representing aggregate gross proceeds of $250,000.
• Concurrent Private Placement: Up to 2,695,652 Units at $0.23 per unit, targeting gross proceeds of up to $620,000.
• Hold Periods: Common Shares issued under the Private Placement are subject to a 4-month and 1-day statutory hold period under Canadian securities laws, plus a 4-month exchange hold from the date of issuance.
• Use of Proceeds: Updated disclosure regarding the total funds available upon closing and the company's intended allocation of capital.
• Regulatory & Distribution: Securities are unregistered under the U.S. Securities Act of 1933; not offered or sold in the United States or to U.S. persons.
• Filing & Access: Amended Offering Document filed under the Company's profile on SEDAR+ and available on the Company's website.