An anonymous director reports

ARGONAUT GOLD PROVIDES NEW DATE FOR RELEASE OF FOURTH QUARTER AND YEAR END 2016 FINANCIAL RESULTS AND CONFERENCE CALL

Argonaut Gold Inc. has rescheduled the release of its fourth-quarter and year-end 2016 financial results to March 20, 2017. The company now anticipates releasing its fourth-quarter and year-end 2016 financial results after market close on March 20, 2017, and will host a conference call and webcast on March 21, 2017, at 8:30 a.m. EST to discuss the results.

Fourth-quarter and year-end conference call information for March 21, 2017:

Toll-free (North America):  1-888-231-8191

International:  1-647-427-7450

Webcast:  see company's website

Fourth-quarter and year-end conference call replay:

Toll-free replay call (North America):   1-855-859-2056

International replay call:  1-416-849-0833

Passcode:  54191629

The conference call replay will be available from 11:30 a.m. EST on March 21, 2017, to April 4, 2017.

About Argonaut Gold Inc.

Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production activities. Its primary assets are the production-stage El Castillo mine, the construction-stage San Agustin project in Durango, Mexico, and the production-stage La Colorada mine in Sonora, Mexico. Advanced-exploration-stage projects include the San Antonio project in Baja California Sur, Mexico, and the Magino project in Ontario, Canada. The company also has several exploration-stage projects, all of which are located in North America.