News Releases

Vancouver, BC - December 14, 2015. Argentum Silver Corp. ("Argentum" or the "Issuer") (TSX- V: ASL) provides its third bi-weekly Default Status Report under National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults. On November 2, 2015, Argentum issued a Default Announcement stating that the filing of its annual financial statements, management's discussion and analysis, and related CEO and CFO certifications for the year ended June 30, 2015 (the "Required Disclosure Documents"), would be delayed beyond the filing deadline of October 28, 2015. The Issuer advises that it filed all Required Disclosure Documents today on SEDAR. The Issuer plans to file its unaudited financial statements, management's discussion and analysis and related CEO and CFO certifications for the first quarter ended September 30, 2015, which were due on November 29, 2015, by noon on December 16, 2015. There have not been any other material changes to the information contained in the original Default Announcement; nor any failure by Argentum to fulfill its intentions as stated therein. Further, there have been no additional material changes respecting Argentum and its affairs that have not been previously publicly disclosed.

About Argentum Silver Corp.

Argentum holds a 100% interest in the Coyote and Victoria properties located in Jalisco, Mexico, and the Lachiguiri and Silacayoapan properties located in Oaxaca, Mexico. For further information, please visit www.argentumsilvercorp.com.

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

"Geoff Balderson"
President & CEO

For information please contact:
Phone: 604-602-0001
Email: gbalderson@telus.net

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. In particular, this news release contains forward-looking information relating to the anticipated date for filing the June 30, 2015 annual financial statements and related management's discussion and analysis.

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.