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Amerigo Announces Results of AGM

Shareholder Meetings

Amerigo Announces Results of AGM

Vancouver, British Columbia--(Newsfile Corp. - April 28, 2026) -

Amerigo Resources Ltd. (TSX:

ARG) (OTCQX: ARREF)

("Amerigo" or the "Company") announces the results of voting at its 2026

Annual General Meeting of Shareholders (the "AGM") held on April 27, 2026.

A total of 71,999,946 common shares were voted at the AGM, representing 44.38% of the votes

attached to all outstanding common shares of the Company. Shareholders voted in favour of all items of

business before the AGM, including the election of all director nominees as follows:

Name

Votes For

Votes by Proxy

Withheld

Percentage of Votes

For

Percentage of Votes by

Proxy Withheld

Klaus Zeitler

57,847,262

2,945,832

95.15%

4.85%

Robert Gayton

58,865,736

1,927,358

96.83%

3.17%

Alberto Salas

60,212,971

580,123

99.05%

0.95%

George Ireland

52,711,123

8,081,971

86.71%

13.29%

Aurora Davidson

60,094,289

698,805

98.85%

1.15%

Margot Naudie

24,500,792

36,292,302

40.30%

59.70%

Ignacio Cruz

60,683,061

110,033

99.82%

0.18%

Margot Naudie received a greater number of votes withheld than votes in favour of her election as a

director of the Company. In accordance with the Company's Majority Voting Policy, Ms. Naudie

immediately tendered an offer to resign as a Company director (a "

Resignation Offer

"). Ms. Naudie will

continue to serve as a director until such Resignation Offer is accepted and becomes effective. The

members of the Board of Directors of the Company, excluding Ms. Naudie, will evaluate the Resignation

Offer in accordance with their fiduciary duties to, and in furtherance of the best interests of, the Company

and its shareholders, and will make a determination of the action to take with respect to the Resignation

Offer not later than the 90th day following this news release.

The Company understands that Ms. Naudie did not receive a majority of votes in favour of her election

due to one of the proxy advisory firms having recommended a vote to withhold on Ms. Naudie's election

due to perceived over-boarding, based on the criteria used by that proxy advisory firm. The views of

shareholders are important to the Company's Board of Directors, and the Chair may engage with

shareholders who voted to withhold on Ms. Naudie's election and consider any feedback received.

A copy of the Company's Majority Voting Policy is available on the Company's website

https://amerigoresources.com/compliance/corporate_governance/

Detailed voting results for the 2026 Annual General Meeting are available on SEDAR+ at

www.sedarplus.ca

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:

(TSX: ARG).

For further information, please contact:

Aurora Davidson

Graham Farrell

President and CEO

Investor Relations

(604) 697 6207

(416) 842-9003

[email protected]

[email protected]

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/294544