
Argo Graphene Solutions Corp. Announces Upsize of Previously Announced Private Placement
Newsfile Corp
Published: Sep 08, 2026, 11:50 PM
Sentiment Analysis
Argo Graphene Solutions Corp. (CSE: ARGO) (OTCQB: ARLSF) (FSE: 94Y) (" Argo " or the " Company "), a leader in innovative graphene-based technologies, is pleased to announce that, as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement offering from $1,000,000 to aggregate gross proceeds of up to $1,500,000 (the " Offering "). The Offering will now consist of up to 1,875,000 units (the " Units ") at a price of $0.80 per Unit. The Offering also includes an over-allotment option for up to an additional 375,000 Units for additional gross proceeds of up to $300,000, exercisable at the Company's discretion. Each Unit will comprise one common share in the capital of the Company and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share in the capital of the Company at $1.00 per share for a period of 12 months from the date of issuance. The Company may pay finder's fees in connection with the Offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange (the " Exchange "), if applicable. Closing of the Offering is subject to receipt of all necessary approvals, including acceptance by the Exchange. The Company intends to use the proceeds of the Offering to advance the next phase of its STREAM™ commercialization strategy, including securing and developing a facility in the outskirts of Chicago, Illinois area to support continued development of the STREAM™ technology and related intellectual property, the establishment of a graphene refinery and general corporate and working capital purposes. The securities issued pursuant to the Offering will be subject to a statutory four-month hold period from the date of issuance in accordance with applicable Canadian securities laws.
Argo Graphene Solutions Corp. is a Canadian advanced materials company developing and commercializing graphene technologies based on the proprietary STREAM™ production platform, exclusively licensed from Grapherry with a pathway to full ownership. Led by CEO Dr. Vikas Berry, Argo is developing a vertically integrated graphene refinery platform designed to connect graphene and graphene oxide production with application development, industrial testing and commercialization. The Company is evaluating STREAM™ materials across multiple industrial markets, including energy storage, AI infrastructure, semiconductors and advanced electronics, construction, composites, agriculture, coatings and other emerging applications. Argo's strategy combines advanced-material production, application development, testing, industry collaboration and commercialization.
Source: Newsfile Corp
This content is not intended as investment advice or a recommendation. Any opinions expressed are solely the personal views of each article.