Argonaut Gold Enters Into Binding Agreement To Sell The Ana Paula Project And Option The San Antonio Project

Argonaut Gold Inc AR:

• ARGONAUT GOLD ENTERS INTO BINDING AGREEMENT TO SELL THE ANA PAULA PROJECT AND OPTION THE SAN ANTONIO PROJECT

• ARGONAUT GOLD INC - PROPOSED DEAL FOR A CASH PAYMENT TO ARGONAUT US$10 MILLION AT CLOSING