An anonymous director reports

ARGYLE ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Further to its news release dated Dec. 19, 2025, Argyle Resources Corp. has closed a non-brokered private placement of two million units at a price of 15 cents per unit, for gross proceeds of approximately $300,000. Each unit issued under the private placement consists of one flow-through common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one (non-flow-through) common share at a price of 20 cents for a period of 24 months.

The proceeds from the private placement will be used to incur Canadian exploration expenses such that they qualify as flow-through mining expenditures for purposes of the Income Tax Act (Canada) and can be renounced to the purchasers thereof.

In connection with the private placement, the company paid an aggregate of $18,000 in cash finders' fees and issued 120,000 finder warrants, with each such warrant being exercisable to acquire one common share at a price of 20 cents for a period of 24 months.

The securities issued under the private placement will be subject to a hold period of four months and one day.

About Argyle Resources Corp.

Argyle Resources is a junior mineral exploration company engaged in the business of acquiring, exploring, staking and evaluating natural resource properties in North America. The company owns a 100-per-cent interest in the Pilgrim Islands, Matapedia, Lac Comporte and Saint Gabriel quartzite silica projects in Quebec, Canada. The company also has an option to acquire 100 per cent of the Clay Howell rare earths project in Northern Ontario, Canada. Argyle is engaged in a research partnership with the National Institute of Scientific Research, a high-level research and training institute funded by the Quebec government to conduct exploration programs on the company's silica projects.

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