Mr. Geoff Balderson reports

ARGENTUM SILVER EXTENDS PRIVATE PLACEMENT

Further to its news release of Sept. 12, 2014, Argentum Silver Corp. has extended its non-brokered private placement to Nov. 10, 2014. The private placement consists of up to five million units at a price of 5.5 cents per unit for gross proceeds of up to $275,000. Each unit comprises one common share and one common share purchase warrant, with each warrant entitling the holder thereof to acquire one additional common share of the company at an exercise price of 10 cents per common share for a period of 24 months from the date of issuance.

The company closed the first tranche of the private placement on Oct. 2, 2014, in the amount of 1,905,908 units at 5.5 cents per unit for total gross proceeds of $104,825. The second tranche of the placement will be subject to the acceptance of the TSX Venture Exchange.

All securities issued under the placement will be subject to a four-month hold period from the date of issuance. All funds will be used for general working capital purposes.

We seek Safe Harbor.