Argo Living Soils Corp. announces a private placement of up to 3,000,000 units at a price of CAD 0.10 per unit for aggregate gross proceeds of up to CAD 300,000 on February 29, 2024. Each unit will consist of one common share and one transferrable share purchase warrant.

Each warrant will entitle the holder to purchase one additional common share at CAD 0.20 per share for a period of 24 months following the closing of the offering. In connection with the offering, the company may pay customary finders fees. All securities to be issued under the offering will be subject to a four month and one day hold period in accordance with applicable Canadian securities laws.