May 25 (Reuters) - Argonaut Gold Inc AR.TO :
* Raises C$4.5m via private placement of flow-through common
shares and provides update on planned activities at Magino
project
* Issued 1.3 million flow-through common shares on a private
placement basis at a price of c$3.55 per flow-through share
* Through shares will be used to fund Canadian exploration
expenses
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