Latest News

Argonaut welcomes Phil Russo

Argonaut is pleased to announce the appointment of Phil Russo as an Institutional Sales Dealer in our Securities Division. Phil will assist with our domestic business whilst also building our US distribution capability. Phil has 13 years mining and equity experience, most recently as a Mining & Metals Equity Analyst with Raymond James Capital Markets based in Toronto for circa 6 years. Prior to that he worked as a Project Engineer with Barrick Gold Corporation commencing in their Perth office before moving to Toronto.

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Christmas Trading Hours 2016

Argonaut would like to take this opportunity to thank our clients for their continued support during 2016 and we wish all clients, our dedicated staff and their families a Merry Christmas and a Happy and Prosperous New Year! Our Stockbroking Division will be open for trading for clients over the holiday period and market trading hours (WST) are as follows:

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Argonaut congratulates Paringa on Capital Raising (2016)

Argonaut as Joint Lead Manager has been successful in raising of A$8 million for Paringa Resources Limited (ASX: PNL) (“Paringa”) to institutional investors of 19 million new ordinary shares at an issue price of A$0.42 per share, with Curran & Co. Proceeds from the capital raising will be used to complete an updated Bankable Feasibility Study (BFS) for a potential two coal seam operation at the Poplar Grove Mine in early 2017 and to provide funding for the Company to commence development of the Poplar Grove mine by mid 2017.

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Argonaut congratulates Berkeley Energia on Capital Raising

Argonaut, as Co-Manager to the Placement, has been successful in raising £24.1 million for Berkeley Energia Limited (ASX/AIM: BKY) (“Berkeley” or “the Company”) via a capital raising to institutional and other investors at an issue price of 45 pence per share, together with Joint Bookrunners, Peel Hunt LLP and Tamesis Partners LLP.

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Argonaut congratulates Acacia Coal on Capital Raising

Argonaut, as Underwriter to the Entitlements Offer, has successfully raised A$1.97 million for Acacia Coal Limited (ASX: AJC) (“Acacia” or “the Company”) via a non-renounceable pro rata fully underwritten offer of new shares at an issue price of $0.003 each on the basis of 1 new share for every 2 shares held together with a placement to sophisticated and professional investors.

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