Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Argenta Silver increases financing to $20-million

AGAG · Price

Executive Summary

  • Argenta Silver Corp. has upsized its previously announced bought deal private placement from C$17 million to C$20 million in gross proceeds due to strong investor demand.
  • The offering comprises 25 million common shares priced at C$0.80 per share, with an overallotment option for up to 3.75 million additional shares.
  • Net proceeds will be allocated to the exploration and advancement of the El Quevar project in Argentina, alongside working capital and general corporate purposes.

Key Details

  • Gross Proceeds: Increased to C$20 million (from C$17 million); overallotment option adds up to C$3 million in additional gross proceeds.
  • Share Structure & Pricing: 25 million common shares offered at C$0.80 per share; overallotment option for up to 3.75 million shares at the same price.
  • Underwriter: Red Cloud Securities Inc. acting as lead underwriter and sole bookrunner for a syndicate.
  • Use of Proceeds: Exploration and advancement of the 100%-owned El Quevar project in Salta, Argentina; working capital; general corporate purposes.
  • Underwriter Compensation: 6.0% cash commission of gross proceeds payable on closing; warrants issued to underwriters equal to 6.0% of shares sold, exercisable for 24 months post-closing at an exercise price of C$0.80.
  • Closing & Conditions: Scheduled to close on or about January 22, 2026, subject to regulatory approvals including TSX Venture Exchange.
  • Regulatory Framework: Offered under NI 45-106 Listed Issuer Financing Exemption (Canada, excluding Quebec) and US Securities Act private placement exemptions; shares expected to be immediately freely tradeable in Canada.
  • El Quevar Project Infrastructure: 57,000-hectare property in Salta, Argentina; less than 3% comprehensively explored; features robust infrastructure including 60km of internal roads, a fully owned 100-person camp, and proximity to rail, gas pipeline, and high-voltage transmission lines.
  • Yaxtche Deposit Mineral Resource (NI 43-101): Indicated: 45.3 million ounces Ag from 2.93 million tonnes @ 482 g/t Ag; Inferred: 4.1 million ounces Ag from 310,000 tonnes @ 417 g/t Ag. Mineralization is hosted in brecciated zones and dacite domes, controlled by fault structures, and remains open at depth and in multiple directions.
  • Qualified Person: Rob van Egmond, PGeo, reviewed and approved technical information; visited the project but is not independent of the company.
Read the original news release →

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