Argo Gold Commences Trading on OTCQB

Toronto, Ontario--(Newsfile Corp. - November 19, 2020) - Argo Gold Inc. (CSE: ARQ) (OTCQB: ARBTF) ("Argo Gold")  is pleased to announce receipt of approval from OTC Markets Group to trade on the OTCQB® Venture Market effective November 19, 2020 under the symbol "ARBTF". The OTCQB quotation will increase the accessibility and visibility for U.S.-based retail and institutional investors to Argo Gold's exploration activity at the high-grade Uchi Gold and Talbot Lake Gold Projects.

The OTCQB Venture Market offers early stage and developing Canadian companies the benefits of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Streamlined market standards enable Canadian companies to provide a strong baseline of transparency to inform and engage U.S. investors. To be eligible, Canadian companies must be current in their SEDAR reporting and undergo an annual verification and management certification process. Investors can find real-time quotes and market information on Argo Gold at www.otcmarkets.com^[1].

About Argo Gold Inc.

Argo Gold is a Canadian mineral exploration and development company, focused on gold exploration projects in central and northwestern Ontario. Argo Gold recently added the Talbot Lake Gold Project to its portfolio. (Argo Gold PR, June 11 2020). Information on Argo Gold can be obtained from SEDAR at www.sedar.com^[2] and on Argo Gold's website at www.argogold.ca^[3]. Argo Gold is listed on the Canadian Securities Exchange (www.thecse.com^[4]) (CSE: ARQ), as well as (OTCQB: ARBTF) and (FSE: P3U).

For more information please contact:

Judy Baker, CEO(416) 786-7860jbaker@argogold.ca^[5]

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/68582^[6]

References

1. ^{^} www.otcmarkets.com (www.newsfilecorp.com)
2. ^{^} www.sedar.com (www.newsfilecorp.com)
3. ^{^} www.argogold.ca (www.newsfilecorp.com)
4. ^{^} www.thecse.com (www.newsfilecorp.com)
5. ^{^} jbaker@argogold.ca (www.newsfilecorp.com)
6. ^{^} https://www.newsfilecorp.com/release/68582 (www.newsfilecorp.com)