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Argentum Announces AGM Results and Option Grant

Share Capital & Compensation Shareholder Meetings

Argentum Announces AGM Results and Option

Grant

Toronto, Ontario--(Newsfile Corp. - December 13, 2022) - Argentum Silver Corp. (TSXV: ASL)

("

Argentum

" or the "

Company

") is pleased to announce voting results for its Annual General and

Special Meeting of Shareholders that was held on December 8, 2022 in Toronto.

A total of 33,376,505 common shares representing 64.68% 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

33,246,005

99.61%

David Donato

33,332,505

99.87%

Gary Nassif

32,161,005

96.36%

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

the approval of the Company's amended stock option plan.

Option Grant

Subject to regulatory approval, Argentum has granted 1,400,000 options to purchase common shares of

the Company exercisable at a price of $0.06 per share and expiring on December 9, 2027, 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 (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.

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 conditions "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 factors that could cause actual events or results to differ materially

from those projected in the forward-looking information. For a description of the risks and uncertainties

facing the Company and its business and affairs, readers should refer to the Company'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.

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

https://www.newsfilecorp.com/release/147865