Friday, March 4, 2022
10:28 AM EST – Argonaut Gold Inc. : Has entered into monthly unsecured forward gold sales contracts of 7,500 gold ounces between April 2022 and March 2023 at a price of $1,916 per gold ounce. These forward sales contracts total 90,000 ounces over the next 12 months and provide certainty of cash flow during the final year of Magino project construction. These contracts represent between 40 and 45% of Argonaut’s expected annual gold production, based on the Company’s most recent projections for production. Argonaut Gold Inc. (T.AR ) shares were down $0.025 at 2.275.
Stocks in Play: Argonaut Gold Inc., Fri, 04 Mar 2022 10:42:07 EST