The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement for Argonaut Exploration Inc. announced Jan. 10, 2012:

Number of units:  10 million units

Purchase price:  five cents per unit

Warrants:  10 million share purchase warrants to purchase 10 million shares

Warrant exercise price:  10 cents until expiry 18 months from closing

Placees:  19

Insiders:  Dave Jensen 300,000; Charles Chebry 1.25 million; Dale Hansen 50,000

Pro groups:  Tom Seltzer 200,000; Anthony Huston 300,000

There is no finder's fee.