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ARG.TO ·

Amerigo Announces Results of AGM

Shareholder Meetings

May 2, 2023

N.R. 2023-05

Amerigo Announces Results of AGM

VANCOUVER, BRITISH COLUMBIA – May 2, 2023/Amerigo Resources Ltd. (TSX: ARG; OTCQX:

ARREF) (“Amerigo” or the “Company”) is pleased to announce the results of voting at its 202 3 Annual

General Meeting of Shareholders (the “AGM”) held on May 1, 2023.

74,669,441 common shares were voted at the AGM, representing 44.84 % of the votes attached to all

outstanding common shares of the Company.

Shareholders voted in respect of the election of all director nominees as follows:

Name

Votes by

Proxy For

Votes by

Proxy

Withheld

Percentage

of Votes by

Proxy For

Percentage of Votes by

Proxy Withheld

Klaus Zeitler 53,684,094 754,436 98.61% 1.39%

Robert Gayton 52,627,735 1,810,785 96.67% 3.33%

Alberto Salas 53,902,019 536,501 99.01% 0.99%

George Ireland 53,351,320 1,087,200 98.00% 2.00%

Aurora Davidson 54,032,254 406,266 99.25% 0.75%

Michael Luzich 54,165,245 273,275 99.50% 0.50%

Margot Naudie 42,779,180 11,659,340 78.58% 21.42%

Detailed voting results for the 2023 Annual General Meeting are available on SEDAR at www.sedar.com

About Amerigo

Amerigo Resources Ltd. is an innovative copper producer with a long- term relationship with Corporación

Nacional del Cobre de Chile (“Codelco”), the world’s largest copper producer.

Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation

in Chile by processing fresh and historic tailings from Codelco’s El Teniente mine, the world's largest

underground copper mine. Tel: (604) 681-2802; Web: www.amerigoresources.com; Listing: ARG: TSX.

Contact Information

Aurora Davidson Graham Farrell

President and CEO Investor Relations

(604) 697-6207 (416) 842-9003

[email protected] [email protected]