Argenta investor Elsztain to acquire $2.5M of units

Mr. Joaquin Marias reports EDUARDO ELSZTAIN INCREASES STRATEGIC INVESTMENT IN ARGENTA THROUGH C$2.5 MILLION PRIVATE PLACEMENT Further to Argenta Silver Corp.'s press release of May 2, 2025, announcing a $5-million strategic investment by Eduardo Elsztain, Mr. Elsztain has elected to exercise his pro rata equity participation rights under an investor rights agreement, which was entered into with the company concurrently with the initial investment. The pro rata rights are being exercised following the announcement by the company of a bought deal private placement financing on July 24, 2025, and July 25, 2025. An entity controlled by Mr. Elsztain will invest in Argenta on the same pricing and terms as the private placement and purchase 6.25 million units at 40 cents per unit for a total investment of $2.5-million, separate and apart from the private placement. Each unit consists of one common share of the company and one-half of one transferable common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of 60 cents at any time on or before that date that is 36 months after closing of the pro rata investment. Joaquin Marias, chief executive officer of Argenta, stated: "We are very pleased that Mr. Elsztain's group has elected to increase their strategic investment in Argenta. This significant commitment reflects their confidence in our vision and the immense potential of our El Quevar project." The company intends to use the net proceeds from the pro rata investment for the exploration and advancement of the company's 100-per-cent-owned El Quevar project in Salta province, Argentina, as well as for working capital and general corporate purposes. The pro rata investment is expected to close concurrently or shortly after the private placement on or about Aug. 12, 2025. Securities issued pursuant to the pro rata investment will be subject to a four-month-and-one-day hold period in accordance with applicable Canadian securities laws and are subject to final acceptance of the TSX Venture Exchange. About Argenta Silver Corp. Argenta Silver is a focused silver exploration company committed to advancing projects that support the global energy transition. The company's mission is to create sustainable, long-term value for shareholders by acquiring and developing high-potential silver assets in mining-friendly jurisdictions across Latin America. Led by an experienced management team with deep expertise in exploration, finance and project development, Argenta takes a disciplined, strategic approach to growth. With a strong emphasis on responsible mining practices, the company is well positioned to meet the rising demand for silver -- a critical metal in renewable energy and emerging technologies -- while building a lasting and successful company. We seek Safe Harbor.