Argyle Closes C$500,000 LIFE Offering

Calgary, Alberta--(Newsfile Corp. - October 31, 2025) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company") is pleased to announce that it has closed its previously announced offering of units ("Units"), offered at a price of C$0.20 per Unit, for aggregate gross proceeds of C$500,000 (the "Offering"). Each Unit is comprised of one common share in the authorized share structure of the Company (a "Share") plus one Share purchase warrant (each a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Share at an exercise price of C$0.27 for 24 months.

The Units were issued under the listed issuer financing exemption ("LIFE Exemption") under Part 5A.2 of National Instrument 45-106 – Prospectus Exemptions. The Units are therefore not subject to resale restrictions pursuant to applicable securities laws.