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AZR.V ·

Azarga Metals Retains Market Making Services

Marketing Announcement

AZARGA METALS CORP.

UNIT 1 – 15782 MARINE DRIVE, WHITE ROCK, B.C. V4B 1E6, CANADA

www.azargametals.com

FOR IMMEDIATE RELEASE

2 July 2019 TSX-V: AZR

AZARGA METALS RETAINS MARKET MAKING SERVICES

AZARGA METALS CORP. ("Azarga Metals" or the “ Company”) (TSX-V:AZR) has, subject to

regulatory approval, retained Independent Trading Group (ITG) Inc. (“ITG”) to provide market -

making service and to provide assistance in maintaining an orderly trading market for the common

shares of the Company with effect from July 1, 2019.

The market-making service will be undertaken by ITG, a registered broker in compliance with the

applicable policies of the TSX Venture Exchange and other applicable laws. For its services,

Azarga Metals has agreed to pay ITG $5,000 per month. Azarga Metals and ITG act at arm's

length, and ITG has no present interest, directly or indirectly, in Azarga Metals or its securities.

There are no performance factors contained in the agreement between ITG and the Co mpany

and ITG will not receive any shares or options from the Company as compensation for services it

will render.

About Independent Trading Group (ITG) Inc.

Independent Trading Group specializes in market maintenance services and has been providing

its market maintenance services to companies ranging from TSXV listed companies to certain of

Canada’s largest publicly traded companies for over 20 years. Independent Trading Group is a

member of the Investment Industry Regulatory Organization of Canada (IIROC), Canadian

Investor Protection Fund (CIPF), and is a member of all Canadian Stock Exchanges and

Alternative Trading Systems. For further information on ITG, please contact (416) 583 -5987

or [email protected]

About Azarga Metals Corp.

Azarga Metals is a mineral exploration and development company that owns 100% of the Unkur

Copper-Silver Project in the Zabaikalsky administrative region in eastern Russia. Unkur is a

copper-silver discovery of global significance. On completion of a first phase of exploration in

2016-2018, the Company reported an Inferred Resource of 62 million tonnes at 0.53% copper

and 38.6g/t silver for the project (see news release 15 October 2018) . The Resource remains

open in both directions along strike and down-dip.

This year’s exploration program at Unkur, with the goal of increasing the size of the current

mineralized envelope, will start next month and will include geophysical surveys and a diamond

drilling program to begin in the autumn.

Page 2

AZARGA METALS CORP.

UNIT 1 – 15782 MARINE DRIVE, WHITE ROCK, B.C. V4B 1E6, CANADA

www.azargametals.com

AZARGA METALS CORP.

"Michael Hopley"

Michael Hopley,

President and Chief Executive Officer

For further information please contact: Doris Meyer, at +1 604 536 -2711 ext. 6, visit

www.azargametals.com, or follow us on Twitter @AzargaMetals. The address of the head office

of Azarga Metals is Unit 1 - 15782 Marine Drive, White Rock, BC V4B 1E6, British Columbia,

Canada.

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.

Cautionary Statement:

This news release contains forward-looking statements that are based on the Corporation's current

expectations and estimates. Forward -looking statements are frequently characterized by words such as

"plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar

words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements

involve known and unknown risks, uncertainties and other factors that could cause actual events or results

to differ materially from estimated or anticipated events or results implied or expressed in such forward -

looking statements. Such factors include, among others: the actual results of current planned exploration

activities; conclusions of economic evaluations; cha nges in project parameters as plans to continue to be

refined; possible variations in ore grade or recovery rates; accidents, labor disputes and other risks of the

mining industry; delays in obtaining governmental approvals or financing; and fluctuations i n metal prices.

There may be other factors that cause actions, events or results not to be as anticipated, estimated or

intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may

be required by applicable secu rities laws, the Corporation disclaims any intent or obligation to update any

forward-looking statement, whether as a result of new information, future events or results or otherwise.

Forward-looking statements are not a guarantee of future performance and accordingly undue reliance

should not be put on such statements due to the inherent uncertainty therein.