Argus Metals Completes Private Placement and Debt Settlement

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UNITED STATES


Argus Metals Corp. (the "Company") (TSX VENTURE:AML) announces that further to
its news release of May 31, 2013:


1. The TSX Venture Exchange has approved the Company's private placement. The
Company raised an aggregate $80,000 through issuance of 1,600,000 units at a
price of $0.05 per unit ("Unit"). Each Unit consists of one common share and one
common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to
purchase one common share of the Company until June 21, 2016 at a price of $0.10
per share. No finder's fees were paid in connection with the private placement
funding. The securities issued in relation to this private placement are subject
to a four-month hold period expiring October 21, 2013. The proceeds of the
private placement will be used for general working capital purposes, exploration
on the Ike project and project due diligence and acquisition.


2. The Company has received TSX Venture approval to settle debt in the amount of
$135,670 owed to six creditors through the issuance of an aggregate 2,713,997
common shares of the Company at a deemed price of $0.05 per share. Of the total
debt, $84,275 representing an aggregate of 1,685,500 shares has been issued to
three insiders at the deemed price of $0.05 per share. All shares issued to the
Company's creditors are subject to a hold period expiring on October 21, 2013. 


3. Effective June 20, 2013, Simon Clarke has resigned as a director of the
Company. The Board would like to thank Mr. Clarke for his hard work on behalf of
the Company and wish him well on his further endeavors. 


ON BEHALF OF THE BOARD OF DIRECTORS

Paul D. Gray, President and CEO 

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Argus Metals Corp.
Paul D. Gray
President and CEO
604-687-2471
www.argusmetalscorp.com