CEO and GMT buying at Argonaut Gold (AR)

CEO and GMT buying at Argonaut Gold (T:AR)

GMT Capital Corp, acquired $24,990,054 worth of the company's shares for various accounts at a price of $0.380 through a prospectus or prospectus exempt offering on December 12th, 2023.

In addition, Richard Scott Young, CEO and Director, acquired 657,900 Common Shares on a direct ownership basis. This represents a $250,002 investment into the company's shares and an account share holdings change of 14.5%.

Argonaut Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Argonaut Gold Inc. is a gold producer with a portfolio of operations in North America. The Company's operating mines include Florida Canyon, Magino, La Colorada and San Agustin. The Florida Canyon Gold Mine area is situated in northwestern Nevada within the Basin and Range physiographic province. The Magino mine property is a past producing underground gold mine located 40 kilometers (km) northeast of Wawa, Ontario, approximately 14 kilometers southeast of the town of Dubreuilville. The property consists of seven patented mining claims, four leased mining claims and 69 unpatented mining claims totaling 2,204.495 hectares. The past producing La Colorada gold-silver mine property is located approximately 40 km southeast of Hermosillo, Sonora State, Mexico. The San Agustin property consists of four mineral claims totaling 1,065 ha and is located in the northern San Lucas de Ocampo Mining District.