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ASL.V ·

Argentum Announces Changes to the Board of Directors

Management Changes

Argentum Silver Corporation

Suite 400 – 365 Bay Street

Toronto, ON M5H 2V1

ARGENTUM ANNOUNCES CHANGES TO

THE BOARD OF DIRECTORS

Vancouver, BC – August 28, 2017 – Argentum Silver Corp. (“Argentum” or the “Company”) (ASL-

TSX-V) announces that Fraser Sinclair and Gregory Ho Yuen have resigned as director s of the

Company. The board of directors would like to thank Mr. Sinclair and Mr. Yuen for their contributions

to the Company and wish them every success in their future endeavours.

The Company wishes to fill the board vacancies created by these vacancies with the appointment of

David Donato and Albert Contardi as directors of the Company.

David Donato

Mr. Donato is President of PearTree Securities. He has extensive experience in investment banki ng

with over 16 years of financing, advisory, and M&A experience. Throughout his career, he has focused

on junior and mid -cap resource and non -resource clients. Prior to joining PearTree Securities’

leadership team, David was Managing Director & Board Memb er with Mackie Research Capital,

Managing Director with Haywood Securities, and Managing Director and a significant shareholder of

Jennings Capital. David began his career as a chartered accountant at BDO Dunwoody and Arthur

Anderson and he brings a solid accounting background and tax perspective to Argentum’s board.

David specialized in tax as a member of Arthur Andersen’s tax & business advisory group where he

assisted US multinationals with cross-border transactions including structuring mergers, acquisitions,

and divestitures.

David graduated from the University of Waterloo (Honours Chartered Accountancy Program), and

also holds CPA, CA and CFA designations.

Albert Contardi

Mr. Contardi is a consultant and adviser with over 15 years of legal, investment and capital markets

experience. He advises on and structures corporate finance transactions in the mining, technology and

bio-technology sectors, to maximize enterprise value or specific projects/assets. He has extensive

experience in advising a broad range of clients, including both senior and junior issuers, underwriters,

agents, selling security holders, entrepreneurs and private corporations. Mr. Contardi is currently

President of Generic Capital Corporation, where his responsibilities include advising on public and

private equity and debt financings, public listings, mergers and acquisitions and other corporate

transactions.

Mr. Contardi began his career practicing law as an Associate in the corporate/securities law practices

at Gowling Lafleur Henders on LLP and Goodman and Carr LLP. He has been called to the Ontario

Bar, is a member of the Law Society of Upper Canada and is a graduate of Queen’s University Law

School.

About Argentum Silver Corp.

Argentum holds a 100% interest in the Coyote and Victoria properties located in Jalisco, Mexico as

well as an undivided 100% interest in mining claims located in the Butt Township, Ontario, Canada .

For further information, please visit the Company’s profile at www.sedar.com.

On behalf of the Board of Directors of Argentum Silver Corp.

/s/Gary Nassif

President & CEO

For information please contact:

Phone: 416-855-9304

Email: [email protected]

Certain statements contained in this press release constitute forward-looking information. These statements relate to future

events or future performance. The use of the word, “will” and similar expressions and statements relating to matters that

are not historical facts are in tended to identify forward -looking information and are based on the Issuer's current belief

or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.

Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out

in forward-looking information. Those assumptions and factors are based on information currently available to the Issuer.

The material factors and assumptions include the ability of the Issuer to meet the conditions for listing of the Exchange.

The Issuer cautions the reader that the above list of risk factors is not exhaustive. Those assumptions and factors are based

on information currently available to the Issuer. The forward -looking information contained in this release is made as of

the date hereof and the Issuer is not obligated to update or revise any forward-looking information, whether as a result of

new information, future events or otherwise, except as required by applicable se curities laws, or as otherwise may be

disclosed in this news release. Because of the risks, uncertainties and assumptions contained herein, investors should not

place undue reliance on forward -looking information. The foregoing statements expressly qualify any forward-looking

information contained herein.

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 relea se.