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 arranges $10-million bought deal

AGAG · Price

Executive Summary

  • Argenta Silver Corp. has entered into an agreement for a bought deal private placement to raise up to C$10 million in gross proceeds from the sale of 12.5 million common shares.
  • The offering includes an overallotment option for up to 2.5 million additional shares and grants underwriters warrants equal to 6% of shares sold, exercisable at C$0.80 for 24 months.
  • 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

  • Transaction Structure: Bought deal life private placement led by Red Cloud Securities Inc. as lead underwriter and sole bookrunner.
  • Share Price & Quantity: 12.5 million common shares offered at C$0.80 per share.
  • Gross Proceeds: C$10 million base, with an overallotment option to raise an additional C$2 million (up to C$12 million total).
  • Overallotment Option: Underwriters may purchase up to 2.5 million additional shares at the offering price, exercisable up to 48 hours prior to closing.
  • 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 on gross proceeds paid on closing; warrants issued equal to 6.0% of the number of offered shares sold.
  • Warrant Terms: Exercisable for 24 months following closing at an exercise price equal to the offering price (C$0.80).
  • Regulatory & Trading Status: Offered under the listed issuer financing exemption (NI 45-106 Part 5A) to Canadian residents (excluding Quebec); shares expected to be immediately freely tradeable upon sale to Canadian purchasers.
  • Closing Conditions & Date: Scheduled to close on or about Jan. 22, 2026, subject to regulatory approvals, including TSX Venture Exchange approval.
  • El Quevar Project Overview: 57,000-hectare property in Salta, Argentina; <3% explored; features extensive infrastructure (60km internal roads, fully owned 100-worker camp, rail, gas pipeline, high-voltage transmission line ~20km away).
  • Yaxtche Deposit Resource: Indicated: 45.3M oz Ag @ 482 g/t from 2.93M tonnes; Inferred: 4.1M oz Ag @ 417 g/t from 310,000 tonnes. Mineralization is open at depth and in multiple directions (SE and NW).
  • Qualified Person: Rob van Egmond, PGeo, reviewed and approved technical information (not independent of the company).
Read the original news release →

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