Argo Gold to Renew its Normal Course Issuer Bid

Argo Gold (ARQ.CN) plans to renew its normal course issuer bid, it said Friday. The NCIB will allow the company to purchase for cancellation up to around 2.7-million shares, representing 5% of Argo's issued and outstanding shares, it said. The NCIB will be for a 12-month period starting July 3, the company added.