Mr. Gary Nassif reports

ARGENTUM ANNOUNCES AGSM RESULTS AND APPOINTMENT OF NEW CFO

Argentum Silver Corp. has released voting results for its annual general and special meeting (AGSM) of shareholders that was held on Dec. 8, 2023, in Toronto.

A total of 32,266,778 common shares representing 62.53 per cent of the company's issued and outstanding shares were voted for the meeting. Shareholders approved all items of business before the AGSM including the election of the three company-nominated directors, being Albert Contardi, David Donato and Gary Nassif. Shareholders also voted for the reappointment of the company's auditor, Crowe MacKay LLP, and for the approval of the company's amended stock option plan.

The company also announces the retirement of James Fairbairn as the company's chief financial officer, effective today. Marco Guidi has been appointed as chief financial officer.

Mr. Guidi is a chartered accountant, CPA, CA, and holds an honours bachelor degree in business administration from Wilfrid Laurier University. He has worked with publicly listed junior mining and technology companies, and privately owned and entrepreneurial companies. In 2010, Mr. Guidi transitioned out of public accounting and has since served as chief financial officer, controller and accountant for a number of public companies.

The company thanks Mr. Fairbairn for his contributions to the company during the last few years and wishes him success in his future endeavours.

About Argentum Silver Corp.

Argentum Silver is a junior mineral exploration company listed on the TSX Venture Exchange under the stock symbol ASL. Through its wholly owned subsidiary, Norsemont II Resources SAC, the company controls the Cochavara project consisting of six silver-lead-zinc mining concessions totalling 3,479 hectares in La Libertad, Northern Peru. The mining concessions host several mineralized structures with the main mineralized zone (Margarita mine) covering an estimated strike length of 1,500 metres. The project area is located 3.5 kilometres southwest of the historical Quiruvilca silver-lead-zinc mine deposit, a large polymetallic vein system with over 130 different mineralized structures. The company is actively reviewing additional mineral exploration properties in North America.

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