Argent Minerals : 23 Apr 2018 Board Changes and Acqusitions Advisor Appointment

BOARD CHANGES AND ACQUISITIONS ADVISOR APPOINTMENT

Highlights:

• ■ Peter Wall has been appointed as Non-Executive Director and Chairman - significantly experienced commercial and corporate lawyer and director of ASX listed companies, who is focused on resources, equity capital markets and mergers and acquisitions, including cross border transactions.

• ■ Klaus Eckhof has stepped down as Chairman of the Company, and has been appointed as Technical Advisor, Acquisitions.

• ■ Argent positioned for next phase of growth with increased exposure to potential deal flow together with augmented board and corporate capabilities for assessing and managing acquisitions.

Argent Minerals Limited (ASX: ARD, Argent, or the Company) is pleased to report the following changes to the Board as the Company positions itself for the next phase of growth.

In order to facilitate the new growth phase, Klaus Eckhof has relinquished his position as Non-Executive Director and Chairman to transition into the new role of Technical Advisor, Acquisitions. The new role will allow Klaus, as a highly credentialed and well-connected mining executive, to focus his contribution to Argent on assisting the Company to identify and assess potential acquisition opportunities.

Peter Wall LLB BComm MAppFin FFin has been appointed as Non-Executive Director and Chairman of Argent.

Mr. Wall is an experienced corporate lawyer and has been a Partner at Steinepreis Paganin (Perth-based corporate law firm) since July 2005. Mr. Wall has a wide range of experience in all forms of commercial and corporate law, with a particular focus on resources (hard rock and oil/gas), equity capital markets and mergers and acquisitions. He also has significant experience in dealing in cross border transactions. Mr. Wall is an experienced company director and serves as the Chairman or Non-Executive Director of a number of ASX listed entities.

The Company considers that the addition of Peter to the board and retaining Klaus's expertise adds to the Company's ability to identify, assess and negotiate potential acquisitions and manage the next phase of development of the Company's Kempfield project.

Appendices 3X and 3Z are attached in accordance with Listing Rule 3.19A.

For further information please contact:

David Busch

Chief Executive Officer Argent Minerals Limited

M: 0415 613 800

E:david.busch@argentminerals.com.au

Argent Minerals Limited Level 2, 66 Hunter Street Sydney NSW 2000 ABN 89 124 780 276

Phone +61 2 9300 3390 Facsimile +61 2 9221 6333www.argentminerals.com.au

Appendix 3X

Initial Director's Interest Notice

Appendix 3X

Initial Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity ABNARGENT MINERALS LIMITED 89 124 780 276

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities

Nil

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3X Page 1

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Part 3 - Director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

+ See chapter 19 for defined terms.

Appendix 3X Page 2 11/3/2002

Appendix 3Z

Final Director's Interest Notice

Rule 3.19A.3

Appendix 3Z

Final Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity ARGENT MINERALS LIMITED ABN 89 124 780 276

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities

Nil.

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Z Page 1

Appendix 3Z

Final Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Part 3 - Director's interests in contracts

+ See chapter 19 for defined terms.

Appendix 3Z Page 2 11/3/2002