Argentina Metals Corp. Announces Closing of Private Placement and Debt Settlement

July 30, 2025 – Vancouver, British Columbia – Argentina Metals Corp. (“AMC” or the “Company”) is pleased to announce that the Company has closed a non-brokered private placement (the “Financing”) raising aggregate gross proceeds of C$325,000 through the issuance of 1,300,000 common shares (the “Shares”) at a purchase price of C$0.25 per Share. The Company will use the gross proceeds from the Financing for general corporate and working capital purposes. No finder’s fees were paid in connection with the Financing.

The Company also announces that it has settled aggregate indebtedness payable to an arms’ length service provider in the amount of C$5,000 through the issuance of 20,000 Shares (the “Debt Settlement”).

All Shares issued in connection with the Financing and the Debt Settlement will be subject to a four-month hold in accordance with applicable Canadian securities legislation.

Following closing of the Financing and Debt Settlement, the Company has 11,320,000 Shares issued and outstanding.

Related Party Transaction

Certain insiders of the Company have subscribed to the Financing for an aggregate of $118,500 or 474,000 Shares. That portion of the Financing is a “related party transaction” as such term is defined under MI 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying on exemptions from the formal valuation requirement of MI-61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested parties, is not more than 25% of the Company’s market capitalization.

Early Warning Report

In connection with the Financing, certain reporting thresholds were triggered by Aumontis Holding AG (“Aumontis”) that require the filing of an early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues:

• Prior to the Financing, Aumontis held 5,500,000 Shares of the Company, which represented 55% of the issued and outstanding Shares. Following the Financing, in which Aumontis acquired 400,000 Shares, Aumontis holds 5,900,000 Shares, which represents approximately 52.1% of the issued and outstanding Shares. Aumontis holds the securities for investment purposes and may, from time to time, acquire additional securities of the Company or dispose of such securities as they may deem appropriate.

A copy of the early warning report that will be filed by Aumontis may be obtained on the Company’s SEDAR+ profile at www.sedarplus.ca or by contacting Raymond D. Harari at the email or phone number provided below.

About Argentina Metals Corp.

AMC is an Argentina focused mineral exploration company existing under the laws of the Province of British Columbia that is a Canadian reporting issuer in the Provinces of British Columbia and Alberta.

Raymond D. Harari
Chief Executive Officer
e: rdh@canaliscapital.com
t: +507-6675-2221

Cautionary Statements

All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to the Company within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. There are no assurances that the business plans described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s disclosure filings with Canadian securities regulators, which are posted on the Company’s profile at www.sedarplus.ca.