Argentina Metals Corp. Announces Closing of Purchase of Mineral Rights in Argentina

November 12, 2025 – Vancouver, British Columbia – Argentina Metals Corp. (“AMC” or the “Company”) is pleased to announce that Argentina Metals S.A.S., a wholly-owned subsidiary of the Company, has completed the purchase (the “Transaction”) of a 100% interest in each of Las Estrellas, Zascar, Vecindario and La Herradura properties (the “Properties”) located in in Mendoza, Argentina from an arms’ length vendor (the “Vendor”) pursuant to an asset purchase agreement dated November 10, 2025 (the “Agreement”).

“This Transaction establishes the foundation of Argentina Metals’ exploration portfolio and marks our first step toward building a significant presence in one of South America’s most promising mining jurisdictions,” said Raymond D. Harari, CEO of Argentina Metals. “We are excited to begin advancing these properties and exploring their potential for high-value mineral discoveries.”

Under the terms of the Agreement, the consideration payable by AMC in connection with the Transaction is as follows: (i) a cash payment in the amount of U$50,000 on closing of the Transaction (the “Closing”), (ii) 984,348 common shares without par value in the capital of AMC (the “Shares”), (iii) a cash payment in the amount of U$50,000 on the earlier of the registration of the transfer of the Properties with the Dirección de Minería de la Provincia de Mendoza and 6 months following Closing, (iv) a cash payment in the amount of U$50,000 within 6 months following Closing, (v) a cash payment in the amount of U$50,000 within 12 months of Closing, and (vi) a cash payment in the amount of U$50,000 on the earlier of the commencement of drilling on any of the land of the Properties and 18 months following the registration of same with the Dirección de Minería de la Provincia de Mendoza. No finder’s fees were paid in connection with the Transaction.

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

Following Closing, AMC has 12,304,348 Common shares issued and outstanding. Additionally, the Vendor will have the right to a nominee on the board of directors of AMC, under certain terms and conditions as defined in the Agreement.

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 securitiesregulators, which are posted on the Company’s profile at www.sedarplus.ca.