공고 • Jul 27
Argo Corporation announced that it has received CAD 10 million in funding Argo Corporation has closed a non-brokered private placement with long-term institutional investors, and issued 33,333,334 common shares at a price of CAD 0.30 per common share for aggregate gross proceeds of CAD 10,000,000.20 on July 27, 2026. The securities issued pursuant to the Private Placement are subject to a statutory hold period expiring November 25, 2026, in accordance with applicable securities laws. The Private Placement remains subject to final acceptance by the TSX Venture Exchange. No finder’s fees or commissions were paid in connection with the Private Placement Reported Earnings • Jun 02
First quarter 2026 earnings released: EPS: CA$0.004 (vs CA$0.012 loss in 1Q 2025) First quarter 2026 results: EPS: CA$0.004 (up from CA$0.012 loss in 1Q 2025). Revenue: CA$2.94m (up 474% from 1Q 2025). Net income: CA$1.00m (up CA$2.73m from 1Q 2025). Profit margin: 34% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. 공고 • May 20
Argo Corporation Provides Update on Smart Routing Transit Infrastructure Argo Corporation, a leader in next-generation transit solutions, shared an update and recap on its Smart Routing technology, a transit infrastructure solution that connects riders to public transit more conveniently while helping cities extend the reach and efficiency of their transit networks. Cities around the world are facing growing traffic and congestion pressures, and need to move more people out of cars and into public transit systems. But the first-and-last-mile gap creates challenges for both residents and municipalities. For Residents: Time spent walking to the bus stop, waiting outside, and transferring between lines can make public transit less accessible to many residents including seniors, people with mobility needs, and those farther from fixed-route stops. Cars and ridesharing offer convenience but are costly and add to traffic. For Municipalities: High-capacity fixed-route transit can be highly efficient along major corridors, but it is not designed to cost-effectively pick residents up at their door. Argo’s proprietary Smart Routing solution is a turnkey transit infrastructure platform combining fully electric buses, charging infrastructure, routing software, and end-to-end operational systems. It is designed to address the first-and-last-mile challenge for both residents and municipalities, with increasing efficiency as ridership grows and Argo’s smart infrastructure scales. For Residents: Argo provides on-demand pickups at their door in fully electric, accessible buses for a standard transit fare. Riders can travel point-to-point or connect into high-capacity fixed-route transit lines for longer trips. For Municipalities: Argo’s system is designed to grow ridership by extending the reach of existing transit networks into the first and last mile. The solution integrates with existing fare systems and fixed-route transit lines, while its predictive routing technology groups passengers efficiently, supporting higher vehicle utilization and more cost-effective service. Argo has demonstrated two flexible deployment models for its Smart Routing transit system: augmenting an existing large-scale municipal transit network in a major city, and delivering a full municipal transit network in a smaller town. Augmenting Existing Transit Networks: Argo launched its Smart Routing transit system in downtown Brampton, where an established large-scale transit network already exists but the first-and-last-mile gap remains a challenge for many residents. The service picks riders up from their door for point-to-point trips or connections to Brampton Transit and GO Transit lines through an on-demand, fully electric service integrated with Ontario’s PRESTO fare system. Delivering a Full Municipal Transit Network: Argo’s Smart Routing transit system fully replaced the Town of Bradford West Gwillimbury’s fixed-route bus system, which had previously been operated by a private contractor. The Company reported that average daily transit ridership more than doubled within two months of the April 2025 launch, with a more than 50% reduction in cost-per-ride when compared to BWG’s fixed routes the previous year. 공고 • Apr 28
Argo Corporation, Annual General Meeting, Jun 29, 2026 Argo Corporation, Annual General Meeting, Jun 29, 2026. 공고 • Mar 28
Argo Corporation announced that it has received CAD 0.75 million in funding Argo Corporation announced a non-brokered private placement of 1,875,000 Common Shares at a price of CAD 0.40 per Common Share for gross proceeds of CAD 750,000 on March 27, 2026. The transaction included participation from a number of strategic and angel investors. All securities issued under the Offering are subject to a statutory hold period expiring on July 28, 2026, in accordance with applicable securities laws. No finder’s fees or commissions were paid in connection with the Offering. The Offering remains subject to final acceptance of the TSX Venture Exchange. 공고 • Dec 22
Argo Corporation announced that it expects to receive CAD 10 million in funding Argo Corporation announced a non-brokered private placement of up to 21,250,000 common shares at a price of CAD 0.40 per share for gross proceeds of CAD 8,500,000 on December 22, 2025. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals including the approval of the TSX Venture Exchange. The Company may close the Offering in one or more tranches at its discretion. The Common Shares issued pursuant to the Offering are subject to a statutory hold period of four months and one day from the applicable date of issuance, in accordance with applicable Canadian securities laws. The Company entered into the non-binding letter of intent with North American Bond Company, Limited in respect of the proposed CAD 1,500,000 Loan, expected to bear interest at 12% per annum and mature two years from closing. The Loan is expected to be secured by a first-ranking general security agreement. Completion of the Loan remains subject to the negotiation and execution of definitive documentation and acceptance of the TSXV. In connection with the Loan, the non-binding letter of intent contemplates that the Company would issue to the Lender, subject to TSXV acceptance, up to 2,062,500 non-transferable common share purchase warrants, each exercisable to acquire one Common Share at an exercise price of $0.44, expiring on the Loan maturity date.