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NEWS RELEASE
 
 NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

ARGUS METALS ANNOUNCES BOARD APPOINTMENTS AND FUNDRAISING 

Vancouver, B.C., May 31, 2013 - Argus Metals Corp. (the "Company") (TSX.V: AML) announces that further to its news rel
--->ease of April 30, 2013:

1. 	the appointments of Messrs. Maddigan and Mulberry have not been effected; and the Company's board of directors rem
--->ains as Paul D. Gray (CEO, President, Secretary), J. Michael W. Collins and Simon Clarke;

2. 	the Company will not be proceeding with its private placement to raise $250,000, but instead will be raising $80,0
--->00 at $0.05 per unit from insiders and others for general working capital purposes.  Each unit will comprise of one sh
--->are and one warrant exercisable at $0.10 for three years; 

3. 	concurrent with this fundraising, the Company will be seeking to settle certain existing liabilities through the i
--->ssuance of shares at $0.05 per share; 

4. 	subject to regulatory approval, each of Jason K. McLaughlin and Robert Van Santen have consented to act as directo
--->rs of the Company; and 

5.	Simon Clarke has tendered his resignation as a director of the company effect on the close this financing.  The Boa
--->rd would like to that Mr. Clarke for his hard work on behalf of the company and wish him well on his further endeavors
--->. 

Robert Van Santen, BCom, CMT, CA 
Mr. van Santen brings over 27 years of investment industry and financing experience with a record of success in provid
--->ing financial and intellectual capital to the public markets. He began his career in 1986 as an Investment Advisor wit
--->h Burns Fry (now Nesbitt Burns), spent several years with Frank Giustra's Yorkton Securities' Natural Resources Group,
---> and was recognized as "Broker of the Year" while VP with the TSX Group's oldest member firm. A noted technical analys
--->t and publisher, Mr. van Santen holds a Bachelor of Commerce degree in Organizational Behavior from Concordia Universi
--->ty, a Chartered Accountant designation in British Columbia, a Chartered Market Technician's designation from the Marke
--->t Technicians Association in New York, and has certifications that include the Canadian Securities Institute's CSC (Ho
--->nours), CPC (Honours), PDO and the OLC. 

Jason K. McLaughlin
Jason has spent 12+ years working in a diverse range of commodities and geologic environments. Jason graduated with ho
--->nours in geology from the University of British Columbia in 1999. Since graduation Jason has worked throughout North A
--->merica, South America and Asia as an exploration geologist.  His experience spans early green-field projects to resour
--->ce definition and mine-site geology with a particular focus on running efficient, successful drill programs in challen
--->ging environments. Jason's experience includes over 5 years of working on world-class deposits including Hunter Dickin
--->son's Pebble deposit in Alaska and Ivanhoe's Bakrychik Gold Mine in Kazakhstan.

Each of the proposed private placement, shares for debt settlement and appointment of new directors is subject to the 
--->prior approval of the TSX Venture Exchange.


ON BEHALF OF THE BOARD OF DIRECTORS
  "Paul Gray" 
Paul D. Gray
President and CEO 

For further information on Argus Metals visit: www.argusmetalscorp.com or contact:

Paul D. Gray, President and CEO
604-687-2471


 Neither 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.