Argentium Resources Inc. Provides Default Status Update

Toronto, Ontario--(Newsfile Corp. - May 14, 2015) - Argentium Resources Inc. (CSE: AOK) ("Argentium" or the "Company") provides its first bi-weekly default status report under National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203").

On May 1, 2015, the Company announced that the filing of its audited annual financial statements for the year ended December 31, 2014, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the "Annual Financial Filings") were not filed by the required filing deadline of April 30, 2015.

As a result of this delay in filing the Annual Financial Filings and the application by the Company for a management cease trade order (a "MCTO"), the Ontario Securities Commission issued a MCTO, which imposes restrictions on trading in securities of the Company by the Company's Chief Executive Officer and Chief Financial Officer until the Company files the Annual Financial Filings. The MCTO will not affect the ability of other holders of to trade their securities of the Company.

Pursuant to the provisions of the alternative information guidelines set forth in NP 12-203, the Company reports that, since the issuance of its default announcement on May 1, 2015, except as set forth in this default status report, there have not been any material changes to the information contained therein, nor any failure by the Company to fulfill its intentions as stated therein with respect to satisfying the provisions of the alternative information guidelines and there are no additional defaults or anticipated defaults subsequent to the disclosure therein, other than the delay in filing the Annual Financial Filings. Further, there is no additional material information respecting the Company and its affairs that has not been generally disclosed.

The Company's management continues to work diligently to enable the Company's auditors to complete the required audit work. The Company anticipates that the audit work will be complete, and that it will be in a position to file the Annual Financial Filings, on or before May 23, 2015.

Cautionary Statements

This press release contains forward-looking statements which reflect Argentium's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Argentium disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

John Carter
Chief Executive Officer
Argentium Resources Inc.
Tel: 905-302-3843

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.