Mr. Jeff Stevens reports

ARGYLE ANNOUNCES UP TO C$500,000 PRIVATE PLACEMENT

Argyle Resources Corp. intends to complete a non-brokered private placement for gross proceeds of up to $500,000, consisting of up to 3,333,333 units at a price of 15 cents per unit, with each unit consisting of one flow-through common share and one-half of one common share purchase warrant. Each half warrant will entitle the holder to purchase one-half of one (non-flow-through) common share at a price of 20 cents per warrant share for a period of 24 months.

The company plans to use the net proceeds from the private placement to incur Canadian exploration expenses, such that they qualify as flow-through mining expenditures for purposes of the Income Tax Act (Canada) and can be renounced to the purchasers thereof. The private placement is subject to customary closing conditions, including receipt of approval from the Canadian Securities Exchange (the CSE). The securities issued under the private placement will be subject to a statutory hold period of fourth months and one day. The company may compensate persons who act as finders for the private placement in accordance with the rules of the CSE.

About Argyle Resources Corp.

Argyle Resources is a junior mineral exploration company engaged in the business of acquiring, exploring, staking and evaluating natural resource properties in North America. The company owns a 100-per-cent interest in the Pilgrim Islands, Matapedia, Lac Comporte and Saint Gabriel quartzite silica projects in Quebec, Canada. The company also has an option to acquire 100 per cent of the following properties: the Clay Howell rare-earths project in Northern Ontario, Canada, and the Frenchvale graphite property located in Nova Scotia, Canada. Argyle is engaged in a research partnership with the National Institute of Scientific Research, a high-level research and training institute financed by the Quebec government to conduct exploration programs on the company's silica projects.

The company was incorporated in 2023 and its head office is located in Calgary, Alta., Canada.

We seek Safe Harbor.