February 23, 2017 / 8:33 PM / 6 months ago

BRIEF-Argonaut Gold announces C$40 mln bought deal financing

Feb 23 (Reuters) - Argonaut Gold Inc:

* Argonaut Gold Inc announces c$40 million bought deal financing

* Has entered into an agreement with a syndicate of underwriters led by BMO capital markets

* Net proceeds of offering will be used for acquisition of properties adjacent to El Castillo mine

* Underwriters have agreed to buy on bought deal basis 16.7 million common shares at a price of c$2.40 per common share Source text for Eikon: Further company coverage:

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