ARGENT MINERALS LIMITED — Director's Dealing 2017

Dec 4, 2017

5 December 2017

Manager of Companies Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

(5 pages by email)

Dear Madam

RESIGNATION OF DIRECTORS

The Chairman of Argent Minerals Limited, Mr Stephen Gemell and Mr Peter Nightingale have resigned as the directors of the Company with immediate effect.

Mr Gemell stated:

“It is readily apparent that Argent’s shareholders will decisively vote to replace the existing board with Oceanic Capital’s nominees.

I thank the management team led by CEO David Busch and Exploration Manager Todd McGilvray for their hard work and persistence in establishing the project pipeline and in particular for adding value to the Kempfield silver-lead-zinc resource.

I wish to extend my sincere thanks to those shareholders who have supported me during my incumbency. I also wish to extend my best wishes to the yet-to-be-appointed directors in their future endeavours with the Company.”

In accordance with Listing Rule 3.19A, I attach an Appendix 3Z, Final Director's Interest Notice, for Mr Stephen Gemell and Mr Peter Nightingale.

Yours sincerely

==> picture [115 x 61] intentionally omitted <==

Vinod Manikandan

Company Secretary

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity ARGENT MINERALS LIMITED

ABN 89 124 780 276

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Stephen Gemell
Date of last notice	23 August 2016
Date that director ceased to be director	5 December 2017

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

Nil.

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest Davalik Pty Ltd Superfund A/C> in which Stephen Geoffrey Gemell has an interest.	Number & class of securities 1,581,818 fully paid ordinary shares and 800,000 listed options exercisable at $0.10 on or before 27 June 2019.

Part 3 – Director’s interests in contracts

Detail of contract	Nil
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity ARGENT MINERALS LIMITED ABN 89 124 780 276

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Peter Nightingale
Date of last notice	23 August 2016
Date that director ceased to be director	5 December 2017

Part 1 – Director’s relevant interests in securities of which the director is the registered holder In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

Nil.

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest Rosignol Pty Ltd A/C> in which Peter Nightingale has an interest.	Number & class of securities 833,333 fully paid ordinary shares and 1,666,666 listed options exercisable at $0.10 on or before 27 June 2019.

Part 3 – Director’s interests in contracts

Detail of contract	Nil
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002