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Friday, March 31, 2017

Investorideas.com Podcasts Now on iTunes, Tunein and Google Play Music



Investorideas.com Podcasts Now on iTunes, Tunein and Google Play Music

Learn about trends in Cannabis, Mining, Entertainment, Tech, Real Estate

Point Roberts, WA, Delta BC – March 31, 2017 – Investorideas.com, a global news source and investor resource covering actively traded sectors announces its Podcast series with interviews featuring experts and CEO’s in mining, tech, entertainment, real estate and cannabis are now available on iTunes, Tunein and Google Play Music.

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Enterprise Group (TSX: $E) Strong Growth Continues into 2017: Research Report Highlights Undervalued Resource Sector Shares

Research Report Highlights Undervalued Resource Sector Shares; Enterprise Group’s (TSX: $E) Strong Growth Continues into 2017







March 28, 2017 - St. Albert, AB – (Investorideas.com Newswire) Enterprise Group, Inc. (“Enterprise,” or “the Company”) [TSX: E], a consolidator of services to the energy sector is focused on construction services and specialized equipment rental, today announced that Chris Temple, Editor of US-based subscription newsletter, The National Investor has released a comprehensive report on the Company.

The report succinctly recounts Enterprise’s history in the context of the challenging Western Canadian resource market: seeing oil drop from $100 a barrel in 2014 to under $30 and currently $47.



  
Mr. Temple states, “Together with the stabilization in energy prices helping out the energy industry, the better environment is giving an early boost to federal and provincial spending on infrastructure. Enterprise SVP Des O'Kell recently told me, in fact, that the January-February time frame this year (2017) has seen Enterprise's infrastructure folks booked to near-full capacity.”

The National Investor report should be read in conjunction with Enterprise’s recent Letter to Shareholders.


Salient investment points advanced by Mr. Temple:


  • ·        Trading at a market price of C$0.32, shares are trading at 40% of book value of C$0.82
  • ·        Historically normal share prices tend to be 2-3 times book value
  • ·        Substantial increase in business not yet reflected in share price
  • ·        Management has significantly increased (by 275%) its ownership stake from 6.7% in 2014 to 18.4% currently
  • ·        Buy recommendation based on improving metrics as well as management’s ownership incentive
  • ·        Significant dollars are being allocated by government for needed and/or overdue work of various kinds.



  
For Q4 ending December 31, 2016, Enterprise saw a 20 percent increase in revenue to C$8.3 million from C$6.9 million for the same period 2016. Gross profit margin rose to 29% from 5% in Q4 2015.

As well, the Company also reported positive EBITDA of C$1.8 million for Q4 2016 versus (C$120,950) 2015. For the same period, EBITDA rose to 22% from negative 2% in Q4 2015.

While it has been an extremely challenging period for resource companies in Western Canada, Enterprise has demonstrated its confidence and ability to analogously 'weather the storm' strongly while many competitors and clients are either financially impaired or gone.


  

In conclusion, Mr. Temple states: And Enterprise Group--trading at much less than half its book value--is among my selected recommendations of growth-oriented companies because of my view that it represents one of the most incredible bargains you can find.”

About Enterprise Group
Enterprise Group, Inc. is a consolidator of construction services companies operating in the energy, utility and transportation infrastructure industries. The Company's focus is primarily construction services and specialized equipment rental. The Company's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management, and human resources to support continued growth.
More information is available at the Company's website www.enterprisegrp.ca.
Corporate filings can be found on www.sedar.com


For questions or additional information, please contact:
Leonard Jaroszuk: President & CEO
Desmond O'Kell: Senior Vice-President

Forward Looking Information
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The Company's Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website www.sedar.com) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether because of new information, future events or otherwise, except as may be expressly required by applicable securities laws.
ADDTIONAL INFORMATION/DISCLOSURE CONCERNING THIS SPECIAL REPORT: Enterprise Group, Inc. was previously, prior to the preparation of this report, a recommended stock by the Editor in The National Investor. Neither this publication nor its Editor/Publisher, Chris Temple, has thus been paid to make this recommendation; one that has previously been issued to the paid Members/Subscribers of The National Investor. Enterprise, in anticipation of an opportunity to gain greater market awareness, has decided to co-finance The National Investor in a marketing campaign wherein this publication will make this specific report and others on market trends, investment strategy and others available via various means to individual investors. Enterprise has of the date of this report made a one-time payment to National Investor Publishing of US$5,000.00 for the preparation of this expanded, updated special report on the company, additional exposure on The National Investor web site in a publicly-accessible "Featured Opportunities" page, pro-active distribution of the report to investors and for the procurement of and placement in on-line media, web portals and similar sites.

Disclaimer
This news is published on the Investorideas.com Newswire – News that Inspires big ideas Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure this news is a paid for news release on the Investorideas.com newswire by  Group, Inc. (TSX:E).  Learn more about costs and our newswire service http://www.investorideas.com/News-Upload/


Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.




Canadian Mining Stock Argo Gold (CSE: $ARQ) Acquires Mishi Lake Gold Project

Mining News: Argo Gold (CSE: $ARQ) Acquires the Mishi Lake Gold Project



Toronto, Ontario - March 30, 2017 (Investorideas.com Newswire) Argo Gold Inc. (CSE: ARQ) ("Argo Gold" or the "Company") has entered into a mining claim acquisition agreement with 2362516 Ontario Inc. pursuant to which Argo Gold can acquire a 100% interest in certain mineral claims located in the Mishibishu Lake Area and St. Germain Township of the Sault St. Marie Mining District in exchange for an aggregate of 250,000 common shares of the Company. The acquisition of the mineral claims is subject to receipt of regulatory approval and the common shares issuable thereunder will be subject to a statutory hold period of four months and one day from the date of issuance.

The Mishi Lake Gold Project is comprised of 3 mineral claims; one is in the Mishibishu Lake Area and two are in St. Germain Township covering 656 hectares located on the eastern central portion of the Mishibishu Deformation Zone in the Mishibishu Lake Greenstone Belt. The Mishi Lake Gold Project is located 40 kilometres west of Wawa, Ontario, 10 kilometres east of Wesdome's open pit Mishi Mine and 5 kilometres east of the past producing Magnacon Gold Mine.

In addition to the acquired claims, Argo Gold has also staked two small claims in the Mishibishu Lake Area adjacent to the acquired claims. The two additional claims have been staked to cover open portions of the Mishibushu Deformation Zone.

The newly acquired claims and staked claims are adjacent and east of the Wesdome Lease which contain several historical gold prospects (Discovery, Hollinger, Amichi, Northwest Prospects). The Mishibishu Deformation Zone extends onto the Argo Gold claims and is estimated to be 1.5 kilometres wide over a strike length of 2.5 kilometers on the Argo Gold property. In 2011, extensive stripping of the Mishi North gold occurrence indicated the presence of highly deformed and altered mafic metavolcanics containing foliation parallel quartz veins as well as late fissure-filling quartz veins. Three grab samples indicated variable gold tenor (pyritic argillite: 0.002 g/t Au; quartz-sericite-fuchsite-pyrite: 0.06 g/t Au; quartz-ankerite-pyrite vein: 75 g/t Au; source AFRI file: 20000006614 Ministry of Northern Development and Mines). No channel sampling has been completed on the vein system.

Argo Gold believes follow-up exploration activity is warranted at the Mishi Lake Gold Project.
The Company has not yet completed the work necessary to verify the past exploration results and since some of these results are historical in nature and some results predate National Instrument 43-101 ("NI 43-101") standards. In addition, a qualified person has not completed sufficient work to verify these historical results. The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Delio Tortosa, P.Eng., a "Qualified Person" as defined by NI 43-101 and a Technical Advisor for Argo Gold.

In addition, Argo Gold has also granted an aggregate of 400,000 options to purchase common shares of the Company exercisable at a price of $0.18 per share and expiring on March 30, 2020 to consultants of the Corporation. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.


About Argo Gold Inc.
Argo Gold is listed on the Canadian Securities Exchange under the ticker ARQ. Argo Gold is focused on gold exploration projects central and northwestern Ontario. All of Argo Gold's projects are 100% owned and have indications of economic viability. Argo Gold's website is www.argogold.ca.

For more information please contact:
Judy Baker
President
(416) 786-7860
judybakertoronto@gmail.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com.

This news is published on the Investorideas.com Newswire – News that Inspires big ideas Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure this news is a paid for news release on the Investorideas.com newswire by Argo Gold Inc.'s (CSE: ARQ) Learn more about costs and our newswire service http://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.





Thursday, March 30, 2017

Gopher Protocol (OTCQB: $GOPH) Secures FRIENDINME Trademark for Security Enhancement to Mobile Devices; Applicable to Gopher's Personal Tracking and Pet Tracking Products

Gopher Protocol (OTCQB: $GOPH) Secures FRIENDINME Trademark for Security Enhancement to Mobile Devices; Applicable to Gopher's Personal Tracking and Pet Tracking Products



San Diego, California - March 30, 2017 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB:GOPH) ("Gopher" and the "Company"), a development-stage company, which specializes in the development of real-time, heuristic-based -- mobile technologies, announced today that Dr. Rittman received a Notice of Allowance in the FRIENDINME trademark application, which was subsequently licensed to Gopher. Gopher also extended the trademark applications for GOPHERINSIGHT and GOPHERNET for a period of six months.
CTO, Danny Rittman said, "The FRIENDINME trademarks can be applied to our consumer products in development including the Guardian Patch and the Guardian Pet Tracker, personal tracking devices that work with or without GPS. Our core business portfolio of real-time, heuristic-based -- mobile technologies allows for multiple product extensions that we can apply this new trademark to."

The Guardian Patch (the "Patch"), potentially arriving in consumer markets in 2017, is a unique location technology that works with or without GPS. The Patch is a "stick-on" device that provides its users with the capability to protect and track objects, a loved-one or even a pet, through a mobile application. Download the Patch app, register your Patch, and track anything that you own on your mobile device or on our designated website. Register the Patches of your family members and friends to receive alerts in the event of an emergency. Peel the Patch off and the Patch acts as a beacon, sending out a signal and notifying anyone who has registered the user's Patch.


About Guardian Pet Tracker http://www.guardianpettracker.com/
The Guardian Pet Tracker (Sphere Internal name -- the "Sphere") system is a derivative technology of Gopher's Guardian Patch technology. The Sphere is designed to provide its users with local tracking capability using a re-chargeable/replaceable battery source. The objective of Gopher's current efforts, is to deliver for testing in a pre-designated area, a few mobile units of the Guardian pet devices along with a base station, test results and eventual manufacturing capability for both the mobile and the base unit.

About Gopher Protocol Inc.
Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher” and the "Company") (http://gopherprotocol.com/) is a development-stage company developing a real-time, heuristic-based mobile technology.  Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that will run on a server.  The system contemplates the creation of a global network.  Gopher believes this will be the first system that is developed using a human, heuristic-based analysis engine.  Since the core of the system will be its advanced microchip technology that will be capable of being installed in any mobile device worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the microchip by providing mobile technology for computing power enhancement, advanced mobile database management/sharing and other additional mobile features.

Corporate Site: http://gopherprotocol.com


Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.

Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact:
Dr. Danny Rittman CTO
Gopher Protocol Inc.
VM Only 888-685-7336

Visit this company: http://gopherprotocol.com/

More info on GOPH at Investorideas.com Visit: http://www.investorideas.com/CO/GOPH/

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com (effective April 4, 2016 - three thousand five hundred per month) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.









#Cannabis Stock News: Algae Dynamics Corp (OTCQB: $ADYNF) Revised Business Strategy To Include Product Development Using Other Botanicals Such As Cannabis And Hemp

#Cannabis Stock News: Algae Dynamics Corp (OTCQB: $ADYNF) Revised Business Strategy To Include Product Development Using Other Botanicals Such As Cannabis And Hemp


TORONTO, CANADA - March 30, 2017 (Investorideas.com Newswire) ALGAE DYNAMICS CORP (OTCQB: ADYNF) (the "Company" or "ADC"), a development stage company previously focused solely on commercialization of its proprietary BiloSilo™ system for the cultivation of highly-pure algae biomass, today announced a formal re-alignment of its business focus and strategy.
The Company had previously announced, in December 2016, that it was considering ways to capitalize on synergies between its focus on algae cultivation and algae oil extraction, and oil extractions from other botanicals such as cannabis and hemp. The result of these efforts is a new strategy to develop unique health and nutraceutical products utilizing cannabis, hemp and algae oils. Management believes that this strategy engenders both an immediate product development opportunity leading to near-term revenue and a longer-term vertically-integrated sustainable enterprise approach.
The revised strategy resulted in a seven-step program for 2017 aimed at rapid implementation of this strategy, as follows:
  1. Research Agreement with University of Waterloo to investigate the use of cannabis oil in the context cancer - $600,000, three-year program (signed February 24, 2017).
  2. Research Agreement with University of Western Ontario to investigate the use of cannabis derivatives for the development of novel pharmacotherapies for mental health - C$1,000,000, four-year program (signed March 13, 2017).
  3. Collaboration Agreement with ARA – Avanti Rx Analytics, a company approved by Health Canada, to extract, purify, manufacture, sell, import/export medical marijuana products (signed March 15, 2017).
  4. Sign supply agreements with cannabis producers, licensed by Health Canada.
  5. Select location suitable for future cannabis production.
  6. Apply to Health Canada for licence to produce, sell, import/export medical cannabis.
  7. Develop collaboration opportunity with pharmaceutical company.
Paul Ramsay, Chairman and President of the Company said, "We believe this revised corporate strategy will allow us to build value for all stakeholders over both the near and longer terms. In the short-term we are fast-tracking to revenue growth. In the longer term, we believe we have a sustainable enterprise-building opportunity in a rapidly expanding market."

About Algae Dynamics Corp
ADC is currently engaged in the development of unique health products and pharmaceuticals that utilize hemp, cannabis and algae oils. This is an extension of our plan to commercialize our proprietary BioSilo(R) algae cultivation system for the high volume, low cost production of pure contaminant-free algae biomass which is high in Omega-3 fatty acids. We have engaged two Canadian universities to provide research into the use of extracts from cannabis oil, which we plan to use to develop products that combine the significant health benefits of Omega-3s derived from algae oil and extracts from cannabis oil. Our research is focusing on the use of cannabis oil in the context of cancer, and the use of cannabis derivatives for the development of novel pharmacotherapies for mental health.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" as that term is defined in Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, use of proceeds and the development, costs and results of current or future actions and opportunities in the sector. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies, our ability to raise the additional funding we will need to continue to pursue our exploration and development program, and our ability to retain important members of our management team and attract other qualified personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
FOR MORE INFORMATION, PLEASE CONTACT:
Paul Ramsay
Phone: 289-997-6740
Email: 
ramsay@algaedynamics.com


ALGAE DYNAMICS CORP (OTCQB: ADYNF) is a featured company on the 420 Cannabis Investor Ideas of 2017 at www.420cannabisinvestorideas.com


This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Disclosure Algae Dynamics Corp (OTCQB: ADYNF) is a featured cannabis company on 420 Cannabis Investor Ideas - learn more www.420cannabisinvestorideas.com Companies pay up to 1000 dollars for the directory listing . Disclaimer: This directory is not a recommendation to buy or sell securities or products or services Investorideas.com charges a fee for placement. The directory is not an endorsement or recommendation but meant to be an investor resource/ due diligence tool.
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Mining News: Argo Gold (CSE: $ARQ) Acquires the Mishi Lake Gold Project

Mining News: Argo Gold (CSE: $ARQ) Acquires the Mishi Lake Gold Project



Toronto, Ontario - March 30, 2017 (Investorideas.com Newswire) Argo Gold Inc. (CSE: ARQ) ("Argo Gold" or the "Company") has entered into a mining claim acquisition agreement with 2362516 Ontario Inc. pursuant to which Argo Gold can acquire a 100% interest in certain mineral claims located in the Mishibishu Lake Area and St. Germain Township of the Sault St. Marie Mining District in exchange for an aggregate of 250,000 common shares of the Company. The acquisition of the mineral claims is subject to receipt of regulatory approval and the common shares issuable thereunder will be subject to a statutory hold period of four months and one day from the date of issuance.

The Mishi Lake Gold Project is comprised of 3 mineral claims; one is in the Mishibishu Lake Area and two are in St. Germain Township covering 656 hectares located on the eastern central portion of the Mishibishu Deformation Zone in the Mishibishu Lake Greenstone Belt. The Mishi Lake Gold Project is located 40 kilometres west of Wawa, Ontario, 10 kilometres east of Wesdome's open pit Mishi Mine and 5 kilometres east of the past producing Magnacon Gold Mine.

In addition to the acquired claims, Argo Gold has also staked two small claims in the Mishibishu Lake Area adjacent to the acquired claims. The two additional claims have been staked to cover open portions of the Mishibushu Deformation Zone.

The newly acquired claims and staked claims are adjacent and east of the Wesdome Lease which contain several historical gold prospects (Discovery, Hollinger, Amichi, Northwest Prospects). The Mishibishu Deformation Zone extends onto the Argo Gold claims and is estimated to be 1.5 kilometres wide over a strike length of 2.5 kilometers on the Argo Gold property. In 2011, extensive stripping of the Mishi North gold occurrence indicated the presence of highly deformed and altered mafic metavolcanics containing foliation parallel quartz veins as well as late fissure-filling quartz veins. Three grab samples indicated variable gold tenor (pyritic argillite: 0.002 g/t Au; quartz-sericite-fuchsite-pyrite: 0.06 g/t Au; quartz-ankerite-pyrite vein: 75 g/t Au; source AFRI file: 20000006614 Ministry of Northern Development and Mines). No channel sampling has been completed on the vein system.

Argo Gold believes follow-up exploration activity is warranted at the Mishi Lake Gold Project.
The Company has not yet completed the work necessary to verify the past exploration results and since some of these results are historical in nature and some results predate National Instrument 43-101 ("NI 43-101") standards. In addition, a qualified person has not completed sufficient work to verify these historical results. The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Delio Tortosa, P.Eng., a "Qualified Person" as defined by NI 43-101 and a Technical Advisor for Argo Gold.

In addition, Argo Gold has also granted an aggregate of 400,000 options to purchase common shares of the Company exercisable at a price of $0.18 per share and expiring on March 30, 2020 to consultants of the Corporation. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.


About Argo Gold Inc.
Argo Gold is listed on the Canadian Securities Exchange under the ticker ARQ. Argo Gold is focused on gold exploration projects central and northwestern Ontario. All of Argo Gold's projects are 100% owned and have indications of economic viability. Argo Gold's website is www.argogold.ca.

For more information please contact:
Judy Baker
President
(416) 786-7860
judybakertoronto@gmail.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com.

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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.



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