n late November, a second horizontal oil well was drilled and completed at Lindbergh in the Sparky formation. The well is on production since the end of November and Argo's interest in the second Lindbergh oil well is 37.5%.

Argo is also cancelling the remainder of its previous announced non-brokered private placement of 12,000,000 shares at a price of $0.10 per share, for gross proceeds of up to $1,200,000. The company closed two tranches of the financing on May 2, 2023 and November 2, 2023 for a total of $635,000.

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