TORONTO, March 27, 2026 (GLOBE NEWSWIRE) -- Argo Corporation (TSXV:ARGH), (OTCQX:ARGHF) ("Argo" or the "Company"), a leader in next-generation transit solutions, announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group ("ITG"), under the terms of a Market Making Services Agreement (the "Agreement"), to provide market-making services in accordance with TSX Venture Exchange (the "TSXV") policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares. The Company also announces and closes a non-brokered private placement (the "Offering") of common shares of the Company (the "Common Shares") for gross proceeds of $750,000 at a price of $0.40 per Common Share.

Under the Agreement, ITG will receive compensation of $6,000 per month, payable monthly in advance. The Agreement is for an initial term of one month commencing March 27, 2026, and will renew for additional one-month terms unless terminated. The Agreement may be terminated by either party with 30 days' notice. There are no performance factors contained in the Agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.

The Offering follows the closing of the previously announced private placement on February 6, 2026, and allows for further participation ...