Argus Metals Corp.
TSX VENTURE : AML

Argus Metals Corp.

March 02, 2012 11:10 ET

Argus Hires New VP of Corporate Development

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 2, 2012) - Argus Metals Corp. (the "Company" or "Argus") (TSX VENTURE:AML) has appointed David Fry as Vice President Corporate Development.

Mr. Fry began his corporate development career in 1985 with McCann Erickson Advertising. After eight years in advertising as a senior account director, he founded his own corporate communications company, Virilian Communications, in 1994 and began consulting to public companies. He was appointed director of Lima Gold Corp in 1995, founded Market Capital Corp in 1997 and was a director of Medallion Resources from 2006 to 2009. He has been acting as a senior corporate finance/corporate communications consultant since.

President Michael Collins comments, "David brings a depth of experience in marketing and finance that will round out Argus' strong technical and development team. I look forward to working with him to advance the Company to the next level."

The Company also announces the grant of incentive stock options under the Company's stock option plan to an officer of the Company to purchase up to an aggregate of 250,000 treasury shares. The options are exercisable at a price of $0.10 per share for a period of five years, and are subject to the policies of the TSX Venture Exchange.

Argus Metals will be exhibiting at the PDAC Mining Investment Show and it would be a great opportunity for investors to meet the new management team.

The PDAC Mining Investment Show is on March 6-7, 2012 at the Metro Toronto Convention Centre - South Building.

Exhibit Hours:

Tue, March 6, 2012 10:00am - 5:30pm
Wed, March 7, 2012 9:00am - 12:00 noon

Where:

Booth# 2312
Metro Toronto Convention Centre - South Building

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, President and CEO

Neither the 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 news release.

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