Argentium Resources Inc. Announces Share Consolidation

Toronto, Ontario--(Newsfile Corp. - August 20, 2015) - Argentium Resources Inc. (CSE: AOK) ("Argentium" or the "Company") announced today that it intends to amend its share structure by consolidating its issued and outstanding common shares on the basis of one (1) new common share for each twenty (20) old common shares (the "Consolidation") on August 26, 2015. In connection the Consolidation, the name of the Company will be changed to "Northern Sphere Mining Corp."

The board of directors of the Company believes that the Consolidation is necessary to better position the Company for future corporate development opportunities and financing transactions.

The Company currently has 46,712,277 common shares issued and outstanding. Following the Consolidation, it is anticipated that the Company will have approximately 2,335,614 common shares issued and outstanding, and will trade on the Canadian Securities Exchange under the new stock symbol "NSM".

The exercise or conversion price and the number of common shares issuable under any of the Company's outstanding warrants and stock options will be proportionately adjusted to reflect the Consolidation in accordance with their respective terms thereof. No fractional common shares will be issued pursuant to the Consolidation, and any fractional common shares that would otherwise be issued will be rounded down or up to the nearest whole number.

About Argentium Resources Inc.

Argentium pursues silver mining exploration, development and production opportunities within North America and other international jurisdictions. Argentium's project pipeline consists of a balance of high-potential pre-feasibility and early stage exploration properties.

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.