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Argo Applies for OTCQB Listing - Receives Warrant Funds

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Argo Living Soils Corp (CSE: ARGO) (OTC Pink: ARLSF) has initiated the process to list its common stock on the OTCQB® Venture Market. The company will maintain its current trading symbol ARLSF on the new platform. CEO Robert Intile states this move aims to increase visibility within the investment community, provide broader investor access, and enhance liquidity.

Additionally, the company has received $710,600 CDN from the exercise of 1,776,500 warrants at $0.40 per share since February 1, 2025. Argo reports having no outstanding options, convertible debt, or debentures.

Argo Living Soils Corp (CSE: ARGO) (OTC Pink: ARLSF) ha avviato il processo per quotare le proprie azioni ordinarie sul OTCQB® Venture Market. L'azienda manterrà il suo attuale simbolo di trading ARLSF sulla nuova piattaforma. Il CEO Robert Intile afferma che questa mossa mira ad aumentare la visibilità all'interno della comunità degli investitori, fornire un accesso più ampio agli investitori e migliorare la liquidità.

Inoltre, l'azienda ha ricevuto $710,600 CDN dall'esercizio di 1,776,500 warrant a $0,40 per azione dal 1 febbraio 2025. Argo riporta di non avere opzioni, debito convertibile o obbligazioni in sospeso.

Argo Living Soils Corp (CSE: ARGO) (OTC Pink: ARLSF) ha iniciado el proceso para listar sus acciones comunes en el OTCQB® Venture Market. La compañía mantendrá su símbolo de negociación actual ARLSF en la nueva plataforma. El CEO Robert Intile afirma que este movimiento tiene como objetivo aumentar la visibilidad dentro de la comunidad de inversores, proporcionar un acceso más amplio a los inversores y mejorar la liquidez.

Además, la compañía ha recibido $710,600 CDN por el ejercicio de 1,776,500 garantías a $0.40 por acción desde el 1 de febrero de 2025. Argo informa que no tiene opciones, deuda convertible ni obligaciones pendientes.

Argo Living Soils Corp (CSE: ARGO) (OTC Pink: ARLSF)는 OTCQB® Venture Market에 일반 주식을 상장하는 절차를 시작했습니다. 회사는 새로운 플랫폼에서 현재의 거래 기호인 ARLSF를 유지할 것입니다. CEO 로버트 인틸은 이 조치가 투자 커뮤니티 내에서 가시성을 높이고, 더 넓은 투자자 접근을 제공하며, 유동성을 향상시키기 위한 것이라고 밝혔습니다.

또한, 회사는 2025년 2월 1일 이후 주당 $0.40에 1,776,500개의 워런트를 행사하여 $710,600 CDN을 수령했습니다. Argo는 미결 옵션, 전환 가능한 부채 또는 채권이 없다고 보고했습니다.

Argo Living Soils Corp (CSE: ARGO) (OTC Pink: ARLSF) a lancé le processus pour inscrire ses actions ordinaires sur le OTCQB® Venture Market. La société maintiendra son symbole de négociation actuel ARLSF sur la nouvelle plateforme. Le PDG Robert Intile déclare que cette initiative vise à accroître la visibilité au sein de la communauté des investisseurs, à offrir un accès plus large aux investisseurs et à améliorer la liquidité.

De plus, la société a reçu $710,600 CDN de l'exercice de 1,776,500 bons de souscription à $0,40 par action depuis le 1er février 2025. Argo rapporte ne pas avoir d'options en circulation, de dettes convertibles ou d'obligations.

Argo Living Soils Corp (CSE: ARGO) (OTC Pink: ARLSF) hat den Prozess eingeleitet, um seine Stammaktien im OTCQB® Venture Market zu listen. Das Unternehmen wird sein aktuelles Handelssymbol ARLSF auf der neuen Plattform beibehalten. CEO Robert Intile erklärt, dass dieser Schritt darauf abzielt, die Sichtbarkeit innerhalb der Investoren-Community zu erhöhen, einen breiteren Zugang für Investoren zu ermöglichen und die Liquidität zu verbessern.

Darüber hinaus hat das Unternehmen $710,600 CDN aus der Ausübung von 1,776,500 Warrants zu je $0,40 pro Aktie seit dem 1. Februar 2025 erhalten. Argo berichtet, dass keine ausstehenden Optionen, wandelbaren Schulden oder Anleihen vorhanden sind.

Positive
  • Received $710,600 CDN from warrant exercise
  • No outstanding options, convertible debt or debentures
  • Potential increased market visibility through OTCQB listing
  • Expected enhanced stock liquidity through OTCQB upgrade
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2025) - Argo Living Soils Corp. (CSE: ARGO) (OTC Pink: ARLSF) (FSE: 94Y0) ("Argo" or the "Company") announced that it has begun the process of listing its common stock on the OTCQB® Venture Market (the "OTCQB"), operated by OTC Markets Group.

The Company anticipates that its shares will begin trading under the same symbol: ARLSF on the OTCQB once the listing process is complete and all necessary approvals are obtained.

"Listing on the OTCQB is an important step in our company's growth," said Robert Intile, CEO, "We believe that this listing will increase our visibility within the investment community, provide greater access to our shares for a broader range of investors, and enhance liquidity."

The OTCQB is a premier marketplace for developing companies, offering a cost-effective and efficient way to access the U.S. capital markets. To be eligible for quotation on the OTCQB, companies must meet certain requirements, including current financial reporting, annual verification, and management certification.

Additionally, Argo has received gross proceeds of $710,600 CDN from the exercise of 1,776,500 warrants at a price of $0.40 per share since February 1, 2025. This influx of capital further strengthens the Company's financial position. The Company also reports that it currently does not have any outstanding options, convertible debt or outstanding debentures. The Company will provide further updates as warranted.

About Argo Living Soils Corp.

The Company specializes in producing and developing organic fertilizer products The Company's vision and overall business plan are to create an established brand of organic and/or environmentally friendly products. The Company was founded in 2018.

We Seek Safe Harbor.

For further information please contact:
Robert Intile - CEO
Argo Living Soils Corp.
Email: robert.intile@argolivingsoils.com
Phone: 604-763-4017

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, the Company achieving an OTCQB listing, the Company developing its technology and the Company creating a brand of organic and/or environmentally friendly products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "plans", or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241944

FAQ

How much capital did ARLSF raise from warrant exercises in February 2025?

Argo Living Soils Corp (ARLSF) raised $710,600 CDN from the exercise of 1,776,500 warrants at $0.40 per share since February 1, 2025.

What is the price per share for ARLSF's warrant exercise in February 2025?

The warrants were exercised at a price of $0.40 per share.

How many warrants were exercised in ARLSF's February 2025 funding?

A total of 1,776,500 warrants were exercised.

What are the benefits of ARLSF's planned OTCQB listing?

The OTCQB listing is expected to increase visibility within the investment community, provide greater access to shares for broader investors, and enhance liquidity.

Argo Living

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