Business
ARGENTA WELCOMES ARGENTINE BUSINESSMAN EDUARDO ELSZTAIN AS STRATEGIC INVESTOR THROUGH CAD$5 MILLION PRIVATE PLACEMENT
Argenta Silver Corp. (TSXV: AGAG) ("Argenta" or the "Company") is pleased to announce a strategic investment in the Company by prominent Argentine businessman Eduardo Elsztain. Through IFIS, part of the Elsztain Group, he will acquire 25,000,000 shares of Argenta through a private placement of shares (the "Private Placement") at CAD$0.20 per share for a total investment of CAD$5,000,000, resulting in Mr. Elsztain becoming a significant shareholder, holding approximately 12.69% of the Company. In
About this update from Argenta Silver Corp
[{"type":"text","content":"TSXV – AGAG","length":16,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, March 13, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) ("Argenta" or the "Company") is pleased to announce a strategic investment in the Company by prominent Argentine businessman Eduardo Elsztain. Through IFIS, part of the Elsztain Group, he will acquire 25,000,000 shares of Argenta through a private placement of shares (the "Private Placement") at CAD$0.20 per share for a total investment of CAD$5,000,000, resulting in Mr. Elsztain becoming a significant shareholder, holding approximately 12.69% of the Company. In connection with this investment, Mr. Elsztain will be entitled to representation on the Company's Board of Directors (the "Board") through the appointment of a director to the Company's Board.","length":794,"tagName":"p"},{"type":"image","alt":"Argenta Silver Logo (CNW Group/Argenta Silver Corp.)","displaySize":"","headline":null,"caption":"Argenta Silver Logo (CNW Group/Argenta Silver Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":42,"url":"https://media.zenfs.com/en/cnwgroup.com/f99a6960f703776a62f978b8d0a17d2b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/BXYbEGo575MpAvRqBjNM6Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTc0O2NmPXdlYnA-/https://media.zenfs.com/en/cnwgroup.com/f99a6960f703776a62f978b8d0a17d2b","width":400,"height":42}},"href":"https://mma.prnewswire.com/media/2640760/Argenta_Silver_Corp__ARGENTA_WELCOMES_ARGENTINE_BUSINESSMAN_EDUA.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Mr. Elsztain is recognized as one of Argentina's most influential business leaders, having one of the largest real assets business conglomerate in Argentina spanning industries including real estate, agriculture, finance, and mining. Most notably, he serves as Chairman and CEO of IRSA (NYSE:IRS), Argentina's largest real estate company and CRESUD (NASDAQ:CRESY), a major agribusiness firm operating across South America. He also chairs Banco Hipotecario (BASE:BHIP), one of Argentina's foremost mortgage banks, and has played a key role in numerous high-profile investment and development projects.","length":612,"tagName":"p"},{"type":"text","content":"Beyond finance and real estate, Mr. Elsz...