Argo Corporation has announced the exercise of outstanding common share purchase warrants, resulting in aggregate gross proceeds of $2,445,383. This includes $1,768,200 from co-founders Praveen Arichandran and Qamar Qureshi. The exercised warrants, which were originally issued in connection with the conversion of previously outstanding debentures, led to the issuance of 56,212,455 common shares. The company also issued 2,062,500 non-transferable warrants to North American Bond Company as part of a recent $1.5 million secured loan. The warrants entitle the holder to acquire one common share at $0.44 per share within 24 months. All related transactions are subject to final acceptance by the TSX Venture Exchange.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Argo Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9650600) on February 06, 2026, and is solely responsible for the information contained therein.