Argonaut Gold Enters into Agreement to Sell Ana Paula Project for US$30 Million plus a C$10 Million Contingent Payment; Upside to Ana Paula Project Retained Through 9.9% Equity in Acquiring Company and 1% Net Smelter Returns Royalty

AR-PR-APSALE-FINAL-SEPT112020

TORONTO, Sept. 11, 2020 /CNW/ – Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce it has entered into a definitive agreement for the sale of its Ana Paula gold development project located in the Guerrero Gold belt of Mexico (the “Ana Paula Project”).

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