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 bought deal to $17-million

AGAG · Price

Executive Summary

  • Argenta Silver Corp. has upsized its previously announced bought deal private placement from C$10 million to C$17 million in gross proceeds following strong investor demand.
  • The offering comprises 21.25 million common shares at C$0.80 per share, with an overallotment option for up to 2.5 million additional shares.
  • Net proceeds will be directed toward the exploration and advancement of the El Quevar project in Argentina, alongside working capital and general corporate purposes.

Key Details

  • Gross proceeds increased from C$10 million to C$17 million.
  • Offering price: C$0.80 per common share.
  • Shares issued: 21.25 million common shares.
  • Overallotment option: Up to 2.5 million additional shares at C$0.80/share, providing up to C$2 million in additional gross proceeds.
  • Underwriter: Red Cloud Securities Inc. (lead underwriter and sole bookrunner) on behalf of a syndicate.
  • Use of proceeds: Exploration and advancement of the 100%-owned El Quevar project in Salta, Argentina, plus working capital and general corporate purposes.
  • Underwriter commission: 6.0% of gross proceeds paid in cash upon closing.
  • Underwriter warrants: Exercisable for 24 months post-closing, equal to 6.0% of the number of offered shares sold, with an exercise price equal to the offering price (C$0.80).
  • Closing date: On or about January 22, 2026, subject to regulatory approvals including TSX Venture Exchange.
  • Regulatory framework: Offered under the listed issuer financing exemption (NI 45-106, Part 5A) for Canadian residents (except Quebec); shares expected to be immediately freely tradeable.
  • El Quevar Project (Yaxtche Deposit): Indicated mineral resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag; Inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag.
  • Project Infrastructure: 57,000-hectare property with <3% comprehensive exploration coverage, featuring 60+ km of internal roads, a fully operational 100-worker camp, nearby rail/gas pipeline, and a high-voltage transmission line ~20 km away.
Read the original news release →

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