VANCOUVER, BC — January 7, 2026 — Leads & Copy — Argenta Silver Corp. has announced an agreement with Red Cloud Securities Inc. for a private placement offering to raise C$10,000,000.
Under the agreement, Red Cloud Securities Inc. will act as the lead underwriter and sole bookrunner on behalf of a syndicate of underwriters. The underwriters have committed to purchase 12,500,000 common shares of Argenta at a price of C$0.80 per share on a “bought deal” basis.
Argenta has granted the underwriters an option to purchase an additional 2,500,000 shares at the same offering price, potentially raising an additional C$2,000,000. The over-allotment option is exercisable up to 48 hours before the closing date.
The company intends to use the net proceeds from the offering to fund exploration and advancement of its El Quevar Project in Salta Province, Argentina, as well as for working capital and general corporate purposes.
The shares will be offered for sale to purchasers in all provinces of Canada except Québec, in compliance with regulatory requirements and National Instrument 45-106. Shares sold to Canadian residents are expected to be immediately freely tradeable.
The shares will also be offered in the United States through private placement exemptions under the U.S. Securities Act of 1933, and in other jurisdictions outside of Canada and the United States in accordance with applicable laws.
An offering document related to the offering is available under the company’s profile at www.sedarplus.ca and on the company’s website.
The offering is scheduled to close on or about January 22, 2026, subject to regulatory approvals, including the approval of the TSX Venture Exchange. Argenta has agreed to pay the underwriters a cash commission of 6.0% of the gross proceeds raised. Additionally, Argenta will issue warrants to the underwriters, exercisable for 24 months, to acquire common shares equal to 6.0% of the number of shares sold under the offering, at an exercise price equal to the offering price.
The El Quevar Project, located in Salta, Argentina, covers 57,000 hectares and features infrastructure including 60 km of internal roads, a camp for 100 workers, and proximity to a railroad, gas pipeline, and high voltage transmission line.
The Yaxtché deposit within the project has an indicated mineral resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag, and an inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag.
Rob van Egmond, P.Geo., a qualified person, has reviewed and approved the technical information in the release.
Argenta Silver Corp. is focused on advancing projects that support the global energy transition by acquiring and developing high-potential silver assets in Latin America.
“Joaquín Marias”
President and Chief Executive Officer
Source: Argenta Silver Corp.