Disclaimers, Argonaut Gold Inc.

This website (the “Site”) is owned and operated by Argonaut Gold Inc. Where we say “we”, “us”, “our”, the “Company”, or “Argonaut”, we mean Argonaut Gold Inc. and/or one or more or all of its affiliates, as may be applicable. By using the Site, you agree to the following terms and conditions.

Argonaut updates the information on the Site regularly. However, such information is not intended to be a comprehensive review of all matters and developments concerning Argonaut and Argonaut cannot guarantee the accuracy, currency or completeness of the information at all times and assumes no responsibility in this regard.

All figures on the Site are in US$ unless otherwise specified.

Privacy Copyright and Trademarks Cautionary Statement Technical Information NON-IFRS Measures Stock Quotes Privacy Notice for Customers and Suppliers Internet Software or Computer Viruses Social Media Community Guidelines

Privacy

Any material, information, or other communication (including questions, comments or suggestions) you transmit to Argonaut through this website will be considered non-confidential and non-proprietary ("Communications"). In making any such transmission, you agree that Argonaut will have no obligations of any kind with respect to the Communications. Where it is necessary, in order to answer your enquiry, the Communications you have provided may be passed to any Argonaut office or affiliate. By sending any Communications to us, you are consenting to the personal information contained therein being transferred within Argonaut and being processed by the Company for these purposes. You are prohibited from posting or transmitting to or from Argonaut any unlawful, threatening, libellous, defamatory, obscene, pornographic, or other materials that violate any law.

Copyright and Trademarks

Certain material found on this website is protected by copyright. Certain names, graphics, logos, icons, designs, words, titles or phrases on this website may constitute trade names, trademarks or service marks of Argonaut Gold Inc. or other entities. Trademarks may be registered in Canada and in other countries, as applicable. The display of trademarks on pages of this website does not imply that a license of any kind has been granted. Except for non-commercial, personal or educational purposes, where the material is not modified and that copyright or trademark notices are not deleted, materials may not be copied, reproduced, modified, uploaded, posted, transmitted, or distributed in any way without Argonaut’s prior written approval. Any unauthorized downloading, re-transmission or other copying or modification of trademarks and/or the contents herein may be a violation of federal or common law, trademark and/or copyright laws and could subject the copier to legal action.

Cautionary Statement

This website contains certain “forward-looking statements” and “forward-looking information” under applicable Canadian securities laws concerning the business, operations and financial performance and condition of Argonaut Gold Inc. (“Argonaut” or “Argonaut Gold”). Forward-looking statements and forward-looking information include, but are not limited to statements with respect to the realization of mineral reserve estimates; the timing and amount of estimated future production; costs of production; estimated production and mine life of the various mineral projects of Argonaut; timing of approval for modifications to existing permits; permitting and legal processes in relation to mining permitting and approval; the benefits of the development potential of the properties of Argonaut; the future price of gold, copper, and silver; the estimation of mineral reserves and resources; success of exploration activities; and currency exchange rate fluctuations. Except for statements of historical fact relating to Argonaut, certain information contained herein constitutes forward-looking statements. Forward-looking statements are 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”, “should” or “will” occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Many of these assumptions are based on factors and events that are not within the control of Argonaut and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking statements include variations in ore grade or recovery rates, changes in market conditions, risks relating to the availability and timeliness of permitting and governmental approvals; risks relating to international operations, fluctuating metal prices and currency exchange rates, changes in project parameters, the possibility of project cost overruns or unanticipated costs and expenses, labour disputes and other risks of the mining industry, failure of plant, equipment or processes to operate as anticipated. These factors are discussed in greater detail in Argonaut's most recent Annual Information Form and in the most recent Management’s Discussion and Analysis filed on SEDAR, which also provide additional general assumptions in connection with these statements. Argonaut cautions that the foregoing list of important factors is not exhaustive. Investors and others who base themselves on forward-looking statements should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. Argonaut believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release. Although Argonaut has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Argonaut undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they involve estimates of the mineralization that will be encountered if the property is developed. Comparative market information is as of a date prior to the date of this document.

Technical Information

Technical information included on this website was supervised and approved by Brian Arkell, Argonaut’s Vice President, Exploration and a Qualified Person under National Instrument 43-101 (“NI 43-101”). For further information on the Company’s material properties, please see the reports as listed below on the Company’s website or on www.sedar.com:
https://www.argonautgold.com/English/assets/technical-reports/default.aspx

NON-IFRS Measures

The Company has included certain non-IFRS measures including “Cash cost per gold ounce sold” and “All-in sustaining cost per gold ounce sold”in this press release, which are presented in accordance with International Financial Reporting Standards (“IFRS”). Cash cost per gold ounce sold is equal to production costs less silver sales divided by gold ounces sold. All-in sustaining cost per gold ounce sold is equal to production costs less silver sales plus general and administrative, exploration, accretion and other expenses and sustaining capital expenditures divided by gold ounces sold. The Company believes that these measures provide investors with an alternative view to evaluate the performance of the Company. Non-IFRS measures do not have any standardized meaning prescribed under IFRS. Therefore they may not be comparable to similar measures employed by other companies. The data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

Please see the most recent management's discussion and analysis ("MD&A") for full disclosure on non-IFRS measures.

This website should be read in conjunction with the Company's unaudited interim condensed consolidated financial statements and associated MD&A, for the same period, which are available from the Company's website, www.argonautgold.com, in the "Investors" section under "Financial Reports", and under the Company's profile on SEDAR at www.sedar.com.

Stock Quotes

All stock quote data is provided by third party service providers, and is delayed at least 15 minutes unless otherwise stated. Stock data is provided for information purposes only, and is not intended for trading purposes. Argonaut makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify, the adequacy, accuracy or completeness of the information provided herein and, under no circumstances, will be liable for any inaccuracies or omissions in any such information or data, any delays or errors in the transmission thereof, or any loss or direct, indirect, incidental, special or consequential damages caused by reliance on this information or the risks arising from the stock market.

Privacy Notice for Customers and Suppliers

Argonaut Gold Inc. and its subsidiaries Minera Real de Oro, S.A. de C.V., Compañia Minera Pitalla , S.A. de C.V. and Minera Sud-California, S.A. de C.V., Minexson, S.A. de C.V., Megashear Mining-Exploration, S.A. de C.V. , San Antón de las Minas, S.A. de C.V. in accordance with the provisions of the Federal Law on Protection of Personal Data in possession of Individuals makes of their knowledge this Privacy Notice for customers and suppliers:

1. About the personal processing of data for customers and suppliers:

We collect your personal data and sensitive personal data for the purposes mentioned in this Privacy Notice. In this sense, we inform you that your personal data will be handled and protected based on the principles of legality, quality, consent, information, purpose, loyalty, proportionality and responsibility, mentioned in the Federal Law on Protection of Personal Data Held of the Individuals.

2. Purpose of the personal processing data:

We collect your personal data and sensitive personal data we request your consent through this Privacy Notice in order to use them for the following purposes:

To contact you and send you relevant information about our products.
To identify you as a customer and / or supplier of any of our subsidiaries.
To perform all the necessary internal procedures related to the existing business relationship, including credit and payment issues.

3. Means to restrict the use or disclosure of your personal information:

We hereby inform you that your personal data and sensitive personal data will be safeguarded under tight administrative, technical and physical strict security measures which have been implemented in order to protect your personal data against damage, loss, alteration, destruction or use, access or unauthorized processing.

4. Means for the exercise of your rights as holder of personal data:

As holder of personal data covered by this Privacy Policy you can execute your rights of access, rectification, cancellation or opposition (ARCO rights), same as enshrined in the Law on Protection of Personal Data in Possession of Individuals. Also you can withdraw your consent for the use of your personal data. In any of these cases, you can make your request by sending an email to: gabriela.grijalva@argonautgold.com

In order to fulfill your request, it must satisfy all the requirements of the Federal Law on Protection of Personal Data held by individuals.

5. Transfer of your personal data:

Your personal data and / or sensitive personal data may be transferred to third parties, for the fulfillment of the obligations in any subsidiary offers if needed. The above is without prejudice to the exceptions of the Federal Law on Protection of Personal Data in Possession of Individuals. For which your express consent is required to make such transfers. (Select only one):

I give my consent for the transfer of my data
I do not give my consent to the transfer of my data

6. Changes to this privacy notice:

This Privacy Notice may be amended in the future. In any case, any amendments thereto will be informed to you by sending an email to the account that you provide to making of your knowledge this Privacy Notice.

We will not be responsible if you do not receive such notice of change of Privacy Notice because of a problem with your email account or internet data transmission.

Internet Software or Computer Viruses

Due to technical difficulties inherent in the internet, internet software or transmission problems could produce inaccurate or incomplete copies of information contained on this website. Computer viruses or other destructive programs may also be inadvertently downloaded from the website. Argonaut shall not be liable for internet software, computer viruses or destructive programs and recommends that you install appropriate anti-virus or other protective software.

Social Media Community Guidelines

We aim to provide social media communities where users can learn about our company, exchange thoughtful and informed commentary, and share thoughts on important topics in mining. When participating and engaging in our social media communities, our guidelines are as follows:

Follow opens in a new windowFacebook’s, opens in a new windowTwitter’s and opens in a new windowLinkedIn’s rules. Keep each channel’s privacy and security policies in mind when posting content or responding to others.
Be respectful in your posts or when commenting.
Stay on topic. We want the content on our social media channels to be the most informative and beneficial for the greatest number of people. Your posts should relate to Argonaut Gold Inc. and the mining industry.
Keep it clean. Please don’t post content that may be offensive or include inappropriate language. This type of content will be removed.
We don’t allow solicitations or spam on our social media channels and these types of comments will be removed.

We pride ourselves on adhering to a code of conduct, a set of values, and a commitment to our social media communities. With this in mind, we have the right to remove any content violating the guidelines above.

Disclaimers