Argenta Silver Corp. — Capital/Financing Update 2022

Jul 14, 2022

BUTTE ENERGY INC. SUITE 3123 – 595 BURRARD STREET VANCOUVER, BC V7X 1J1

TEL: 604-609-6110

BUTTE ENERGY ANNOUNCES STOCK OPTION GRANT

July 13, 2022 TSXV – BEN.H

Vancouver, British Columbia – Butte Energy Inc. (TSXV – BEN.H) (the “Company”) announces the grant of 4,250,000 incentive stock options (the “Options”) to certain directors, officers, consultants and charitable organizations at a price of $0.07 per share, exercisable for a period of 10 years, subject to TSXV approval.

On behalf of BUTTE ENERGY INC.

“ Geir Liland ” Chief Executive Officer

For further information please contact:

Tel: 604.609.6110

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 release.