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Argentina Metals Announces Appointment of Roger Clegg as CEO and Raymond D. Harari Transitions to President

(Very Positive)
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management

Argentina Metals (TSXV: VLLC, OTCQB: VLLCF) appointed Roger Clegg as Chief Executive Officer and Director, while Raymond D. Harari transitioned to President. Chairman Titus Gebel highlighted Clegg’s technical and corporate finance background as the company prepares for its upcoming field season.

Clegg brings over 25 years of international mining, geology, corporate finance and investment banking experience, including senior roles at Imara Corporate Finance, Ambrian, Barclays Capital and Dresdner Kleinwort Benson. Argentina Metals’ refreshed leadership team now includes Clegg as CEO, Gebel as Chairman, Harari as President, Enrique Reichhard as VP Exploration, Carlo Rigillo as CFO and four additional directors.

The board approved a grant of 2,000,000 restricted share units to Clegg, vesting over four years, subject to TSX Venture Exchange approval. Harari agreed to voluntarily surrender 500,000 RSUs granted on June 24, 2026. Argentina Metals is a copper exploration company focused on Mendoza Province, Argentina, holding about 146,700 hectares across 26 wholly owned projects, anchored by its flagship Las Estrellas Project and with no private royalties, NSRs, back-in rights or earn-in obligations beyond provincial royalties.

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Positive

  • New CEO with 25+ years experience in mining, geology and corporate finance
  • 2,000,000 RSUs granted to CEO vesting over four years, aligning incentives
  • 500,000 RSUs voluntarily surrendered by President, reducing potential dilution
  • 146,700 hectares across 26 projects in Mendoza, all 100%-owned with no private royalties

Negative

  • Equity incentive grant of 2,000,000 RSUs introduces additional potential share dilution

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Vancouver, British Columbia--(Newsfile Corp. - August 24, 2026) - Argentina Metals Corp. (TSXV: VLLC) (OTCQB: VLLCF) (FSE: VA5) ("VLLC" or the "Company") is pleased to announce that Roger Clegg has been appointed as VLLC's Chief Executive Officer and Director and that Raymond D. Harari has transitioned to the Company's President.

"I am very pleased to welcome Roger as our new Chief Executive Officer. As we transition into this next phase, I look forward to working closely with Roger and the broader team to build on the progress we have made and to prepare the Company for the upcoming field season," said Titus Gebel, Chairman of the Board of Directors of VLLC. "There is considerable work underway, and Roger's leadership, combined with his technical expertise and corporate finance experience, will be an important addition as we execute our plans. I am excited that Ray Harari continues playing an active role as President and to work alongside Roger as we advance the Company and create value for our shareholders."

Roger Clegg is a senior mining and natural resources executive with more than 25 years of international experience across geology, corporate finance, investment banking and executive leadership. Prior to joining VLLC, Mr. Clegg was Head of Natural Resources at Imara Corporate Finance, advising mining companies, governments and state-owned enterprises on M&A, financing, royalties and strategic transactions. Previously, he served as Chief Operating Officer of Ambrian plc, helping develop the business into an international commodity trading and logistics group with annual turnover exceeding US$2 billion. Mr. Clegg also held senior mining finance positions at Barclays Capital and Dresdner Kleinwort Benson and began his career as a consultant exploration geologist working in South America, Africa and Russia. He brings extensive technical, financial, capital markets and corporate leadership experience to the Company.

Roger Clegg, VLLC's Chief Executive Officer, said: "I am excited to join the Company at such an important stage and to work closely with the VLLC team as we prepare for the upcoming field season. Ray has built a strong foundation for the Company, and I look forward to collaborating with him in his new role as President while bringing my own blend of technical and corporate finance experience to the team. I believe that combination of skills and perspectives will be highly complementary as we move the Company's projects forward, execute on our field program and position the Company for its next stage of growth."

The Company's board and management now consists of:

  • Roger Clegg — CEO and Director
  • Titus Gebel — Chairman and Director
  • Raymond D. Harari — President and Director
  • Enrique Reichhard — VP Exploration
  • Julio Pulisich — Director
  • Tim Heenan — Director
  • Martin Hoff — Director
  • Carlo Rigillo — CFO

The Company also announces that, subject to the approval of the TSX Venture Exchange (the "Exchange") and in accordance with the Company's restricted share unit plan (the "Plan"), VLLC's board of directors has approved the grant of 2,000,000 restricted share units (the "RSUs") to Mr. Clegg vesting over four years and that Mr. Harari has agreed to voluntarily surrender 500,000 RSUs that were granted on June 24, 2026.

About Argentina Metals Corp.

Argentina Metals Corp. (TSXV: VLLC) (OTCQB: VLLCF) (FSE: VA5) is a Canadian copper exploration company focused on Mendoza Province, Argentina. The Company holds approximately 146,700 hectares across 26 projects, all 100%-owned on a clean-title basis with no private royalties, NSRs, back-in rights or earn-in obligations, other than royalties payable to the Province of Mendoza. Anchored by its flagship Las Estrellas Project, the Company has built an early position in an underexplored part of the Argentine Andes amid the pro-mining reforms reshaping the country's resource sector. For more information, visit our website at www.argentinametals.com.

For further information, please contact:

Roger Clegg
CEO and Director
e: clegg@argentinametals.com
t: +44 (0) 7810 636598
Raymond D. Harari
President and Director
e: harari@argentinametals.com
t: +507 6675 2221

 

Cautionary Statements

All statements in this press release, other than statements of historical fact, are "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied, including risks relating to obtaining regulatory approvals, exploration results and general capital markets conditions. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update forward-looking information except as required by applicable law. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's disclosure filings with Canadian securities regulators, which are posted on the Company's profile at www.sedarplus.ca.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310694

FAQ

What management changes did Argentina Metals (VLLCF) announce on August 24, 2026?

Argentina Metals appointed Roger Clegg as CEO and Director and moved Raymond D. Harari to President. According to Argentina Metals, this leadership shift supports execution of its upcoming field season and project advancement in Mendoza Province, Argentina.

Who is the new CEO of Argentina Metals (TSXV: VLLC, OTCQB: VLLCF) and what is his background?

The new CEO of Argentina Metals is Roger Clegg, also appointed as Director. According to Argentina Metals, Clegg has over 25 years of international experience in geology, mining finance and executive roles at Imara Corporate Finance, Ambrian, Barclays Capital and Dresdner Kleinwort Benson.

How many restricted share units were granted to the new CEO of Argentina Metals (VLLCF)?

Argentina Metals’ board approved 2,000,000 restricted share units for CEO Roger Clegg, vesting over four years. According to Argentina Metals, the RSU grant is subject to TSX Venture Exchange approval and is made under the company’s restricted share unit plan.

Did Argentina Metals President Raymond D. Harari change his equity awards in August 2026?

Yes, President Raymond D. Harari agreed to voluntarily surrender 500,000 RSUs granted on June 24, 2026. According to Argentina Metals, this surrender partially offsets the new 2,000,000 RSU grant to CEO Roger Clegg.

What exploration assets does Argentina Metals (VLLCF) hold in Mendoza Province, Argentina?

Argentina Metals holds approximately 146,700 hectares across 26 copper exploration projects in Mendoza Province. According to Argentina Metals, all projects are 100%-owned on a clean-title basis, with no private royalties, NSRs, back-in rights or earn-in obligations beyond provincial royalties.

What is the flagship project of Argentina Metals and how is it positioned?

Argentina Metals’ flagship project is the Las Estrellas copper project in the Argentine Andes. According to Argentina Metals, the company has built an early position in an underexplored area amid pro-mining reforms reshaping Argentina’s resource sector.

Who are the key members of Argentina Metals’ board and management team after the CEO change?

After the change, key figures include CEO and Director Roger Clegg, Chairman and Director Titus Gebel and President and Director Raymond D. Harari. According to Argentina Metals, other leaders include VP Exploration Enrique Reichhard, CFO Carlo Rigillo and several directors.