10:42 AM EST, 01/29/2025 (MT Newswires) -- Argenta Silver ( AGAGF ) was edging up at last look on Wednesday after the company said Frank Giustra, AGAG's major shareholder and strategic supporter, increased his ownership stake in Argenta to 15.09% following the purchase of 2.5 million common shares of AGAG in the open market.

Frank Giustra in a statement said, "My decision to increase my holdings in Argenta reflects my strong belief in the Company's vision to unlock the value of high-potential silver assets and its disciplined approach to exploration. With the growing demand for silver, Argenta is uniquely positioned to deliver significant value."

Giustra now controls directly or indirectly, 25.5 million shares and 3.425 million common share purchase warrants of the company representing 15.09% of the outstanding shares and 16.78% on a partially diluted basis, assuming the exercise of 3.4 million warrants.

Shares of the company were last seen up $0.010 at $0.20 on the TSX Venture Exchange.

Price: 0.20, Change: +0.01, Percent Change: +5.26