Argonaut Exploration Inc. Accepts the Resignation of the Company's CFO, COO and Director Oleh Wowkodaw

CALGARY, ALBERTA--(Marketwired - Oct. 6, 2014) - Argonaut Exploration Inc. (TSX VENTURE:AGA) ("Argonaut" or "the Company") announces the resignation of Chief Financial Officer, Chief Operating Officer and director Oleh Wowkodaw as of September 15th 2014. Ray Cook, President and C.E.O. will take on the role of acting CFO until the position is filled.

About Argonaut Exploration Inc.

Argonaut is a junior mineral exploration company focused on the acquisition, exploration and development of gold, silver and copper bearing mineral properties. For more information on the Corporation visit its website at www.argonautexploration.com.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company's disclosure documents on the SEDAR website at www.sedar.com. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.