Amerigo Declares Cdn$0.21 per share Performance Dividend

About this update from Amerigo Resources Ltd

Vancouver, British Columbia--(Newsfile Corp. - September 14, 2026) - Amerigo Resources Ltd. (TSX: ARG) (OTCQX: ARREF) ("Amerigo" or the "Company") announced today that its Board of Directors (the "Board") has declared a performance dividend in the amount of Cdn$0.21 per share, payable on October 14, 2026, to shareholders of record on September 21, 2026. Amerigo designates the entire amount of this taxable dividend to be an "eligible dividend" for purposes of the Income Tax Act (Canada), as amended from time to time. Dollar amounts in this news release are in U.S. dollars unless indicated otherwise. "The Board has declared Amerigo's third and largest performance dividend of 2026, reflecting solid year-to-date operational and financial results. The performance dividend is the flexible component of our Capital Return Strategy. It allows us to return cash generated above the Company's operating and strategic requirements while maintaining a strong, debt-free balance sheet through copper price cycles. This declaration reflects the discipline embedded in our Capital Return Strategy: retain the capital the business requires and return excess cash to shareholders when it is earned," said Aurora Davidson, Amerigo's President and CEO. "With Cdn$0.55 per share in performance dividends declared year-to-date, Amerigo's quarterly dividends, totalling Cdn$0.16 annually, do not on their own reflect Amerigo's full capital return. Total Yield, comprising quarterly dividends, performance dividends and share buybacks, provides a more complete measure. Based on Amerigo's most recent closing share price of Cdn$8.28 on September 11, 2026, dividends declared in 2026 represent a yield of 8.6%, before including the impact of the Company's ongoing share buyback program," she added. Since launching the Capital Return Strategy ("CRS") in October 2021, Amerigo has returned $161.3 million to shareholders through dividends and buybacks. Upon payment of the quarterly dividend declared on July 27, 2026, and the performance dividend announced today, shareholder returns under the CRS will reach approximately $190.5 million. Under the T+1 settlement cycle , Amerigo's shares will commence trading ex-dividend at the opening of trading on September 21, 2026. Shareholders purchasing Amerigo shares on or after the ex-dividend date will not receive this dividend, as it will be paid to the selling shareholders. Shareholders purchasing Amerigo shares before the ex-dividend date will receive the dividend. About Amerigo and Minera Valle Central ("MVC") Amerigo Resources Ltd. produces copper concentrate and molybdenum concentrate at its MVC operation in Chile through a long-term relationship with Corporación Nacional del Cobre de Chile ("Codelco"). Tel: (604) 681-2802; Web: www.amerigoresources.com ; (TSX: ARG) (OTCQX: ARREF). Contact Information Cautionary Statement Regarding Forward-Looking Information This news release contains certain "forward-looking information" as such term is defined under applicable securities laws (collectively called "forward-looking statements"). This information relates to future events or the Company's future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "should", "believe" and similar expressions are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements concerning: our financial resources and financial condition; our dividend policy and expected continuance of our Capital Return Strategy; and general business and economic conditions, including, but not limited to, our assessment of strong market fundamentals supporting copper prices. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such statements. Inherent in forward-looking statements are risks and uncertainties beyond our ability to predict or control, including risks that may affect our operating or capital plans; risks generally encountered in the operation, permitting and development of mineral projects such as unusual or unexpected geological formations, negotiations with government and other third parties, unanticipated metallurgical difficulties, delays associated with permits, approvals and permit appeals, ground control problems, adverse weather conditions (including, but not limited, to heavy rains), process upsets and equipment malfunctions; risks associated with labour disturbances and availability of skilled labour and management; risks related to the potential impact of global or national health concerns; government or regulatory actions or inactions, including, but not limited to, the imposition of tariffs on the importation of copper; fluctuations in the market prices of our principal commodities, which are cyclical and subject to substantial price fluctuations; risks created through competition for mining projects and properties; risks associated with lack of access to markets; risks associated with availability of and our ability to obtain both tailings from Codelco's Division El Teniente ("DET") current production and historic tailings from tailings deposits; the availability of and ability of the Company to obtain adequate funding on reasonable terms for expansions and acquisitions; mine plan estimates; risks posed by fluctuations in exchange rates and interest rates, as well as general economic conditions; risks associated with environmental compliance and changes in environmental legislation and regulation; risks associated with our dependence on third parties for the provision of critical services; risks associated with non-performance by contractual counterparties; risks associated with supply chain disruptions; title risks; social and political risks associated with operations in foreign countries; risks of changes in laws affecting our operations or their interpretation, including foreign exchange controls; hazards inherent in the mining industry causing personal injury or loss of life, severe damage to or destruction of property and equipment, pollution or environmental damage, claims by third parties and suspension of operations; and risks associated with tax reassessments and legal proceedings. Many of these risks and uncertainties apply to the Company and its operations, as well as DET and its operations. DET's ongoing mining operations provide a significant portion of the materials the Company processes and its resulting metals production. Therefore, these risks and uncertainties may also affect the Company's operations and have a material effect. Actual results and developments will likely differ materially from those expressed or implied by the forward-looking statements in this news release. Such statements are based on several assumptions which may prove to be incorrect, including, but not limited to, assumptions about: Future production levels and cost estimates assume no adverse mining or other events significantly affecting budgeted production levels. Climate change is a global issue that could pose significant challenges affecting the Company's future operations. Over the last several years, Central Chile has experienced both drought and considerable rain. The Company's operations are sensitive to water availability and the reserves required to process projected historic tailings tonnage. Current and future proposed tariffs are not expected to impact the Company. However, they could indirectly affect commodity prices and general business and economic conditions in which the Company operates. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Company's control, the Company cannot assure that it will achieve or accomplish the expectations, beliefs or projections described in the forward-looking statements. The preceding list of important factors and assumptions is not exhaustive. Other events or circumstances could cause our results to differ materially from those estimated, projected, and expressed in or implied by our forward-looking statements. You should also consider the matters discussed under Risk Factors in the Company's Annual Information Form. The forward-looking statements contained herein speak only as of the date of this news release. Except as required by law, we undertake no obligation to revise any forward-looking statements or the preceding list of factors, whether publicly or otherwise, in light of new information or future events. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/314073

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