Mr. Peter Hoyle reports

ARGO LIVING SOILS CORP. ANNOUNCES WARRANT EXTENSION AND REPRICING

Argo Living Soils Corp. intends to reprice and extend eight million of its share purchase warrants. The warrants were issued on July 30, 2021, in connection with the company's initial public offering and have an expiry date of Aug. 3, 2023.

The warrants will be repriced from 35 cents per share to 20 cents per share and the expiry date will be extended to July 30, 2026. All other terms of the warrants will remain unchanged.

Holders of the warrants are advised that replacement warrant certificates will not be issued and that this announcement serves as notice of the amendments. Original warrant certificates must be presented to the company in order to exercise the warrants. The company will file a Form 13 with the Canadian Securities Exchange on the completion of the amendments.

About Argo Living Soils Corp.

The company specializes in producing and developing organic products, including soil amendments, living soils, bio-fertilizers, vermicompost and compost tea kits formulated specifically for high-value crops. The company's vision and overall business plan are to create an established brand of organic and/or environmentally friendly products. The company was founded in 2018 and its production facilities are located on Galiano Island, B.C.

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