Monday, March 27, 2017

Argus Closes Non-Brokered Secured Convertible Debenture

Vancouver, British Columbia, March 27, 2017 - Argus Metals Corp. ("Argus<?b>", the "Company") (TSX.V: AML) announces it has closed a non-brokered private placement of a secured convertible debenture for gross proceeds of $60,000. Dated March 24th, 2017, the term of the debenture is 36 months and bears interest at 8% calculated and payable semi-annually. The debenture is convertible into common shares at $0.15 per share, at any time at the election of the holder. There is one placee - Southern Gold Resources, a private company owned by Alan C Savage, a director and the Chairman of the Company. The proceeds of debenture will be used by the Company to repay a $22,000 long term loan, project development, and for G&A.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins
President and CEO

For further information, please contact:
Argus Metals Corp.
501 - 525 Seymour Street,
Vancouver BC, V6B 3H7
Telephone: (604) 764-7094
Facsimile: (604) 568-7608
Website: www.argusmetalscorp.com

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 news release.

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You can also view this News Release on our website at:
http://www.argusmetalscorp.com/s/NewsReleases.asp?ReportID=784010

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Argus Metals Corp.


	CODE : AML.V

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Argus Metals is a exploration company based in Canada.

Argus Metals holds various exploration projects in Canada.

Its main exploration property is HYLAND in Canada.

Argus Metals is listed in Canada. Its market capitalisation is CA$ 1.6 millions as of today (US$ 1.3 millions, € 1.2 millions).

Its stock quote reached its highest recent level on March 13, 2009 at CA$ 8.99, and its lowest recent point on September 05, 2023 at CA$ 0.01.

Argus Metals has 9 000 000 shares outstanding.

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	Mine development
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