Argentum Silver Corp. announced that effective immediately, Mike Petrina and David Bo have resigned from the board of directors of Argentum and Peter Ball has resigned as President. The board of directors announced the appointment of Robert E. Shea, Stephen Gatensbury, and David Toyoda to act as Directors of the company.

Mr. Shea has served as the Chairman of the Board for Shea Financial Group since 1980. Mr. Shea also serves on the Board of Directors of Plaintree Systems Inc., Solution Inc. Technologies Limited and Aim Explorations Inc. Mr. Gatensbury is a business and marketing consultant and currently a Director of Goldeneye Resources Corp. David Toyoda is an Associate Counsel at Boughton Law Corp.

where he practices in the areas of corporate and securities law, advising technology, biotechnology and mining companies that are listed, or are preparing to list on, Canadian stock exchanges. Also effective immediately, Geoff Balderson has been appointed as President and Chief Executive Officer of Argentum.