Mr. Gary Nassif reports

ARGENTUM ANNOUNCES APPOINTMENT OF DIRECTOR

Albert Contardi has resigned from the Argentum Silver Corp. board of directors, effective immediately. Mr. Contardi has tendered his resignation in order to avoid potential conflicts of interest arising from his other professional commitments. Mr. Contardi served as a member of the board and audit committee chair since 2017.

"On behalf of Argentum Silver Corp., we would like to express our sincere gratitude to Mr. Contardi for his valuable contributions during his tenure on the board of directors," said Gary Nassif, chief executive officer of Argentum Silver. "We understand and respect his decision to prioritize his other commitments, and we wish him the very best in his future endeavours."

In addition, the company is pleased to announce that Carly Burk has been appointed to the board of directors, effective immediately. Ms. Burk practises securities law and works with both public and private issuers. Ms. Burk holds a bachelor of laws from the University of Southampton, a certificate of qualification from the Federation of Law Societies and a bachelor of arts (honours) from Carleton University. Ms. Burk serves as an officer and/or director of several public and private entities.

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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