Argentum Announces Agm Results and Option Grant

Argentum Silver Corporation

Suite 401 – 217 Queen Street West

Toronto, ON, M5V 0R2

ARGENTUM ANNOUNCES AGM RESULTS AND OPTION GRANT

TORONTO, ON – December 14, 2021 – Argentum Silver Corp. (“Argentum” or the “Company”) (TSXV:

ASL) is pleased to announce voting results for its Annual General and Special Meeting of Shareholders that

was held on December 10, 2021 in Toronto.

A total of 32,264,305 common shares representing 62.53% of the Company’s issued and outstanding shares

were voted for the meeting. Shareholders approved all items of business before the AGM including the election

of the three Company-nominated Directors as follows:

Director Votes For % of Votes Cast

Albert Contardi 32,142,805 99.62%

David Donato 32,142,805 99.62%

Gary Nassif 32,107,805 99.51%

Shareholders also voted for the re-appointment of the Company’s auditors, Crowe MacKay LLP, and for the

approval of the Company’s stock option plan.

Option Grant

Subject to regulatory approval, Argentum has granted 2,400,000 options to purchase common shares of the

Company exercisable at a price of $0.175 per share and expiring on December 14, 2026, to various officers and

directors, and consultants of the Company. The common shares issuable upon exercise of the options are subject

to a four-month hold period from the original date of grant.

About Argentum Silver Corp.

Argentum Silver is a junior mineral exploration company listed on the TSXV 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 (Mar garita

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.

For further information, please visit www.argentumsilvercorp.com or contact:

Gary Nassif

President & CEO

Phone: 416-855-9304

Email: [email protected]

Forward-Looking Statements

This news release contains certain "forward-looking information" within the meaning of applicable securities

law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project",

"intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar

words, or statements that certain events or condi tions "may" or "will" occur. These statements are only

predictions. Forward-looking information is based on the opinions and estimates of management at the date

the information is provided and is subject to a variety of risks and uncertainties and other fa ctors that could

cause actual events or results to differ materially from those projected in the forward-looking information. For

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a description of the risks and uncertainties facing the Company and its business and affairs, readers should

refer to the Comp any’s Management’s Discussion and Analysis. The Company undertakes no obligation to

update forward-looking information if circumstances or management's estimates or opinions should change,

unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.