Mr. Praveen Arichandran reports

ARGO ENGAGES INDEPENDENT TRADING GROUP AS MARKET MAKER AND CLOSES PRIVATE PLACEMENT

Argo Corp., subject to regulatory approval, has engaged the services of Independent Trading Group (ITG), under the terms of a market-making services agreement, to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the company on the TSX-V and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the company's common shares. The company also announces and closes a non-brokered private placement of common shares of the company for gross proceeds of $750,000 at a price of 40 cents per common share.

Under the agreement, ITG will receive compensation of $6,000 per month, payable monthly in advance. The agreement is for an initial term of one month commencing March 27, 2026, and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days notice. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the company.

The offering follows the closing of the previously announced private placement on Feb. 6, 2026, and allows for further participation from a number of strategic and angel investors. Pursuant to the offering, the company issued an aggregate of 1,875,000 common shares at a price of $0.40 per common share. The net proceeds from the offering will be used for working capital and general corporate purposes. All securities issued under the offering are subject to a statutory hold period expiring on July 28, 2026, in accordance with applicable securities laws. No finders' fees or commissions were paid in connection with the offering. The offering remains subject to final acceptance of the TSX Venture Exchange.

About Independent Trading Group

ITG is a Toronto-based Canadian Investment Regulatory Organization (CIRO) dealer-member that specializes in market-making, liquidity provision, agency execution, ultralow latency connectivity and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high-quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

About Argo Corp.

Argo delivers the first-ever vertically and publicly integrated city transit system, designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility.

We seek Safe Harbor.