Argonaut acted as Joint Lead Manager and Joint Bookrunner to a $13 million Placement for E2 Metals Limited in 2020 for an aggressive exploration at the Mia gold-silver discovery from the Conserrat Project in Santa Cruz, Argentina. Funds from the Placement was underpinned by strong support from several high-quality and new institutional investors based domestically and offshore. The capital raised was also used to commence regional drilling programs and engage in follow-up study work in other exploration sites.

E2 Metals Limited (ASX: E2M) is an Australian exploration company focused on making new discoveries in the world-class Santa Cruz gold and silver province, Southern Argentina. E2 Metals Limited’s frontline projects, include discoveries in the prolific gold and silver province in Santa Cruz, South America, a new frontier in Rio Negro, Argentina, and gold and copper mineralisation in Cobar Superbasin, New South Wales.