TORONTO, Aug. 2, 2024
/CNW/ - Argo Corporation (the "Company") (formerly known as
STEER Technologies Inc.) (TSXV: ARGH) (OTCQX: ARGHF), a new
technology venture focused on transforming public transportation
and improving mobility within and across cities, is pleased to
announce it has formally changed the name of the publicly
traded entity used to start the venture to "Argo Corporation" (the
"Name Change"). On June 11,
2024, Argo announced the new venture, its founding team,
board appointments and commencement of trading under new ticker
symbols.
It is anticipated that the Company's common shares (the
"Common Shares") will commence trading on the TSX Venture
Exchange (the "TSXV") and the OTCQX under the new name,
"Argo Corporation" effective as of the open of markets on
August 2, 2024. The Common Shares
will continue to trade under the existing trading symbols "ARGH"
and "ARGHF" on the TSXV and the OTCQX,
respectively.
The Name Change does not affect the rights of the Company's
shareholders. There is no consolidation or division of capital
associated with the Name Change. Shareholders will not be required
to take any action in connection with the Name Change. Issued
certificates or direct registration statements representing Common
Shares will not be affected by the Name Change and will not need to
be exchanged. The Company encourages shareholders to contact their
broker with any questions regarding the Name Change.
About Argo
Argo is committed to transforming public transportation and
improving mobility within and across cities with world-class
Canadian tech talent who have returnedto Toronto from around the globe to further
Argo's vision of removing public transportation barriers in service
of a better, more connected future. You can learn more about the
Argo team at www.rideargo.com .
Forward-Looking Information
This news release includes certain forward-looking statements,
including with respect to the timing from which the Common Shares
will trade on the TSXV and the OTCQX under the new name of the
Company and management's objectives, strategies, beliefs and
intentions. Forward looking statements are frequently identified by
such words as "may", "will", "plan", "expect", "anticipate",
"estimate", "intend" and similar words referring to future events
and results. Forward-looking statements are based on the current
opinions and expectations of management. All forward-looking
information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, as described in more detail
in the Company's securities filings available at www.sedarplus.ca.
Actual events or results may differ materially from those projected
in the forward-looking statements and we caution against placing
undue reliance thereon. We assume no obligation to revise or update
these forward-looking statements except as required by applicable
law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Argo Corporation