Argentum Announces Changes to the Board of Directors and Management

VANCOUVER, BC / ACCESSWIRE / May 23, 2017 / Argentum Silver Corp. (“Argentum” or the “Company”) (ASL- TSX-V) announces that Stephen Gatensbury and David Toyoda have resigned as directors of the Company, Geoff Balderson has resigned as President and CEO of the Company and Carrie Cesarone has resigned as CFO of the Company. The board of directors would like to thank Mr. Gatensbury, Mr. Toyoda and Ms. Cesarone for their contributions to the Company and wish them every success in their future endeavours. Mr. Balderson will remain as a director of the Company.

The Company wishes to fill the board vacancies created by these vacancies with the appointment of Gary Nassif as President, CEO and director, Fraser Sinclair and Gregory Ho Yuen as directors and James Fairbairn as CFO of the Company.

Gary Nassif

Mr. Nassif is Senior Vice President of Jerritt Canyon Gold, a private gold mining company in Nevada 80%-owned by Sprott Mining Inc. Mr. Nassif has 24 years’ experience in mining and exploration in Canada, Nevada and sub-Saharan Africa, where he focused mainly on gold, base metals and diamonds. He was previously a part of the management team of Trelawney Mining and Exploration Inc., which was acquired in 2012 by IAMGOLD for $608 million. He holds a Bachelor of Science from Concordia University, a Master of Science from McGill University, and is a registered Professional Geoscientist.

Fraser Sinclair

Mr. Sinclair is a consultant providing senior level financial and business advisory services. He has over 20 years of diverse senior management experience with TSX, NYSE MKT and NASDAQ-listed companies, comprising financial management, strategic planning, acquisitions and corporate restructurings. Mr. Sinclair has served as Chief Financial Officer and Corporate Secretary of Royal Nickel Corporation; Senior Vice President and Chief Financial Officer of Romarco Minerals Inc.; Vice President Finance and Chief Financial Officer of North American Palladium Ltd.; and Chief Financial Officer and Corporate Secretary of Cedara Software Corp. Mr. Sinclair is a Chartered Professional Accountant and earned his designation with Arthur Young & Company (now Ernst & Young LLP). Mr. Sinclair is a member of the Chartered Professional Accountants of Ontario and the South African Institute of Chartered Accountants and holds a Bachelor of Commerce from the University of Witwatersrand in South Africa.

Gregory Ho Yuen

Mr. Ho Yuen has been a lawyer for more than 20 years. He has extensive experience in the mining sector and has been involved in numerous financings, mergers & acquisitions, joint ventures and commercial contracts, corporate governance and regulatory matters. Mr. Ho Yuen holds law and MBA degrees from Dalhousie University in Halifax, Canada and an undergraduate degree from Georgetown University in Washington DC.

James Fairbairn

Mr. Fairbairn is a finance professional with over 25 years of experience in corporate governance, leadership, mergers and acquisitions, corporate finance and financial and management reporting. He is a Chartered Accountant who brings strong financial skills and who has served as a senior officer and/or a director in both public and privately held companies.

The current slate of officers and directors is as follows:

Director

Officer

Independent – NI 52 – 110

Gregory Ho Yuen

Yes

Fraser Sinclair

Yes

Geoff Balderson

Gary Nassif

James Fairbairn

About Argentum Silver Corp.

Argentum holds a 100% interest in the Coyote and Victoria properties located in Jalisco, Mexico. For further information, please visit the Company’s profile at www.sedar.com.

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

“Gary Nassif”
President & CEO

For information please contact:
Phone: 416-855-9304
Email: gnassif@argentumsilvercorp.com

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 intended 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 securities 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 release.

SOURCE: Argentum Silver Corp.

ReleaseID: 464051

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