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File: 2014 10 30 pp update.docx



ARGENTUM SILVER EXTENDS PRIVATE PLACEMENT

October 30, 2014 - Argentum Silver Corp. (ASL-V) ("Argentum" or the "Company") announces that further to its news rele
--->ase of September 12, 2014, it has extended its non-brokered private placement to November 10, 2014. The private placem
--->ent consists of up to 5,000,000 units (the "Units") at a price of $0.055 per Unit for gross proceeds of up to $275,000
--->. Each Unit is comprised of one common share and one common share purchase warrant (a "Warrant"), with each Warrant en
--->titling the holder thereof to acquire one additional common share of the Company at an exercise price of $0.10 per com
--->mon share for a period of 24 months from the date of issuance.

The Company closed the first tranche of the private placement on October 2, 2014, in the amount of 1,905,908 units at 
--->$0.055 per unit for total gross proceeds of $104,825. The second tranche of the placement will be subject to the accep
--->tance 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.

About Argentum Silver

Argentum holds a 100% interest in the Coyote and Victoria properties located in Jalisco, Mexico, and the Lachiguiri an
--->d Silacayoapan properties located in Oaxaca, Mexico. For further information, please visit www.argentumsilvercorp.com.

On behalf of the Board of Directors of Argentum Silver Corp.
"Geoff Balderson"
President & CEO 
For information please contact:
Phone: 604-602-0001 Email:  gbalderson@telus.net

This News Release may contain forward-looking statements including but not limited to comments regarding the timing an
--->d content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recover
--->y processes, etc.  Forward-looking statements address future events and conditions and therefore involve inherent risk
--->s and uncertainties.  Actual results may differ materially from those currently anticipated in such statements.  Argen
--->tum relies upon litigation protection for forward-looking statements.

Neither the 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.