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Argonaut Gold and Prodigy Gold Receive Final Court Approval

Argonaut Gold and Prodigy Gold Receive Final Court Approval of Plan
of Arrangement 
TORONTO, ONTARIO and VANCOUVER, BRITISH COLUMBIA -- (Marketwire) --
12/07/12 --  Argonaut Gold Inc. ("Argonaut") (TSX:AR) and Prodigy
Gold Inc. ("Prodigy") (TSX VENTURE:PDG) are pleased to announce that
the Supreme Court of British Columbia has today granted the final
order approving the previously announced plan of arrangement whereby
Argonaut will acquire all of the issued and outstanding common shares
of Prodigy.  
Accordingly, as previously announced, trading of Prodigy shares will
be halted before market opens on December 11, 2012, and will not
resume if the transaction is completed. If the required stock
exchange approvals are obtained and other remaining conditions to
closing are satisfied, the plan of arrangement is anticipated to be
completed on or about December 11, 2012. 
Forward-Looking Statements 
This press release contains certain "forward-looking statements" and
"forward-looking information" under applicable Canadian securities
laws concerning the proposed plan of arrangement (the "Arrangement")
between Argonaut and Prodigy. Forward-looking statements are based on
the opinions and estimates of management at the date the statements
are made, and are based on a number of assumptions and subject to a
variety of risks and uncertainties and other factors that could cause
actual events or results to differ materially from those projected in
the forward-looking statements. Assumptions upon which such
forward-looking statements are based include that all required third
party, regulatory and governmental approvals to the Arrangement will
be obtained and all other conditions to completion of the Arrangement
will be satisfied or waived. Many of these assumptions are based on
factors and events that are not within the control of Argonaut or
Prodigy and there is no assurance they will prove to be correct. 
Factors that could cause actual results to vary materially from
results anticipated by such forward -looking statements include
inability of Argonaut and Prodigy to obtain all required third party,
regulatory and governmental approvals to the Arrangement or to
satisfy all other conditions to completion of the Arrangement.
Although Argonaut and Prodigy have each attempted to identify
important factors that could cause actual actions, events or results
to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events or
results not to be anticipated, estimated or intended. There can be no
assurance that forward-looking statements will prove to be accurate,
as actual results and future events could differ materially from
those anticipated in such statements. Argonaut and Prodigy undertake
no obligation to update forward-looking statements if circumstances
or management's estimates or opinions should change except as
required by applicable securities laws. The reader is cautioned not
to place undue reliance on forward-looking statements. 
Neither the TSX nor the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release. 
Contacts:
Investor Relations Contact: Argonaut
Nichole Cowles
Investor Relations Manager
(775) 284-4422 x 101
nichole.cowles@argonautgold.com
www.argonautgold.com 
Investor Relations Contact: Prodigy
Brian J. Maher
President and Chief Executive Officer
(604) 688-9006
ir@prodigygold.com
www.prodigygold.com
 
 
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