AGA

Argonaut Exploration Inc. ("Argonaut" or the "Company") (TSX VENTURE:AGA)
announces that its annual and special meeting of shareholders was held on May
10, 2013 and that all resolutions presented for consideration were approved by
the shareholders, including the re-election of the following individuals as
directors of the Corporation: Ray Cook, Guillermo Salazar, Dale Vitone and Oleh
Wowkodaw, the appointment of Kenway Mack Slusarchuk Stewart LLP, Chartered
Accountants, as the auditors of the Company and re-approval of the stock option
plan of the Company. 


About Argonaut Exploration Inc.

Argonaut is a junior mineral exploration company focused on the acquisition,
exploration and development of mineral properties. Argonaut owns 100% interest
in 20,286 hectares of mineral tenures in the Terrace district and 7,832 hectares
in the Terrace/Smithers district, British Columbia. The tenures contain five
historic gold-silver mines and include: the adjoining Columario and Bornite
Range properties (18,683 hectares), the Skeena Gold property, the
Fiddler-Dorreen property (1,602 hectares) located 15 km to the northwest and the
High Gold copper-molybdenum porphyry property (7,832 hectares) located 48 km
northeast. Gold, silver and copper vein systems are well documented on all of
these properties.


For more information on the Company visit our website at
www.argonautexploration.com.


This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, is
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in Argonaut's disclosure documents on the SEDAR website at
www.sedar.com. Argonaut does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Argonaut Exploration Inc.
Ray Cook
Director
(403) 969-7903
ray@argoexp.com
www.argonautexploration.com

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