14:40:09 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Argo Living Soils Corp
Symbol ARGO
Shares Issued 22,158,001
Close 2024-02-28 C$ 0.17
Market Cap C$ 3,766,860
Recent Sedar Documents

Argo Living Soils arranges $300,000 private placement

2024-02-29 13:52 ET - News Release

Mr. Peter Hoyle reports

ARGO LIVING SOILS CORP. ANNOUNCES PRIVATE PLACEMENT OFFERING

Argo Living Soils Corp. has arranged a private placement offering of up to three million units at a price of 10 cents per unit, for aggregate gross proceeds of up to $300,000.

Each unit will consist of one common share in the capital of the company and one transferrable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share in the capital of the company at 20 cents per share for a period of 24 months following the closing of the offering. In connection with the offering, the company may pay customary finders' fees.

The company plans to use proceeds of the offering for general working capital purposes and identifying and evaluating strategic business opportunities which align with the company's business plan.

All securities to be issued under the offering will be subject to a four-month-and-one-day hold period in accordance with applicable Canadian securities laws.

About Argo Living Soils Corp.

The company specializes in producing and developing organic products, including soil amendments, living soils, biofertilizers, vermicompost and compost extracts formulated specifically for high-value crops. The company's vision and overall business plan are to create an established brand of organic and/or environmentally friendly products. The company was founded in 2018, and its production facilities have been expanded and relocated to Duncan, B.C., in a joint venture with Pacific Composting.

We seek Safe Harbor.

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