Agro Gold Announces Corporate Changes
ARGO GOLD INC.
350 Bay Street, Suite 700
Toronto, Ontario M5H 2S6
FOR IMMEDIATE RELEASE S/O: 38,007,249
Argo Gold Announces Corporate Changes
Toronto, Ontario, December 2, 2019 – Argo Gold Inc. (“Argo Gold” or the “Company”) (CSE:
ARQ) is pleased to ann ounce the appointment of Michael Farr ant as Chief Financial Officer
(“CFO”) and David McDonald as Controller of the Company.
Mr. Farrant currently serves as President and CFO of New Break Resources Ltd., a private
mineral exploration company exploring fo r gold in Timmins, Ontario and as an independent
director of Talisker Gold Corp. Mr. Farrant has over 23 years’ experience in the gold mining
industry, including President and CEO of Sierra Minerals Inc., a former TSX-listed Mexican gold
producer, CFO of junior gold producers, VP Treasurer and Operations Controller of Kinross Gold
Corporation and Corporate Controller of Barrick Gold Corporation. Mr. Farrant was co -founder,
President and CEO of Commonwealth Silver and Gold Mining Inc., sold to Marlin Gold Mining
Ltd. in 2015. Mr. Farrant rec eived a Bachelor of Commerce (Honours) from Queen’s University
in 1992 and earned his CA in 1995 with Coopers & Lybrand.
Mr. McDonald currently serves as the CFO of McLaren Resources Inc. and CFO and director of
Talisker Gold Corp., having over 13 years’ e xperience in the gold mining industry. Mr.
McDonald spent several years working in public accounting until joining a junior mining team in
2006. Since that time Mr . McDonald has been CFO of a number of public and priv ate junior
mining companies. Mr. McDonald received a Bachelor of Commerce (Honours) from Laurentian
University in 1982 and earned his CA in 1991 with Ernst & Young.
Argo Gold also announces the resignation of Kenney Storey as CFO of the Company. The
Company would like to thank Mr. Storey fo r his contributions and wish him well in his future
endeavors.
Argo Gold also announces that , effective December 2, 2019, it has granted an aggregate of
700,000 options to purchase common shares of the Company exercisable at a price of $0.15 per
share and expiring on December 2, 2022 to a director, officer and consultants of the Co mpany.
The common shares issuable upon exercise of the options are subject to a four -month hold
period from the original date of grant.
About Argo Gold Inc.
Argo Gold is a Canadian mineral exploration and development company, focused on gold
exploration project s in central and northwestern Ontario. Argo Gold’s flagship Uchi Gold
Project is comprised of 22 k m2 of multiple mineralized trends and widespread gold
mineralization. High grade gold intercepts from the Company’s winter 2019 drill ing program
include 132 g/t Au over 1.8 metres at the Woco Vein. Historic drilling by St. Jude Resources in
1993 includes; 139 g/t Au over 2.1 metres, 65 g /t Au over 1.83 metres, and 62 g/t Au over 3.6
metres. All of the Company’s projects are 100% owned and have the potential for economic
mineralization. Information relating to the Company and its properties can be obtained from
SEDAR at www.sedar.com and on the Company’s website at www.argogold.ca. Argo Gold is
listed on the Canadian Securities Exchange (www.thecse.com) under the ticker ARQ and on the
OTC under the ticker ARBTF.
For more information please contact:
Judy Baker
Chief Executive Officer
(416) 786-7860
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS S ERVICES PROVIDER HAVE REVIEWED
OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain “forward -looking information” within the
meaning of applicable securities law. Forward-looking information is frequently characterized by words such as
“plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements
that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and
estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other
factors that could cause actual events or re sults to differ materially from those anticipated in the forward -looking
statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE.
There are uncertainties inherent in forward -looking informatio n, including factors beyond the Company’s control.
The Company undertakes no obligation to update forward -looking information if circumstances or management's
estimates or opinions should change except as required by law. The reader is cautioned not to place undue
reliance on forward -looking statements. Additional information identifying risks and uncertainties that could
affect financial results is contained in the Company’s filings with Canadian securities regulators, which filings are
available at www.sedar.com.