Argo Graphene Solutions Announces $1 Million Financing to Advance STREAM(TM) Graphene Refinery Strategy and Provides Corporate Update

About this update from Argo Graphene Solutions Corp.

Vancouver, British Columbia--(Newsfile Corp. - August 17, 2026) - Argo Graphene Solutions Corp. (CSE: ARGO) (OTCQB: ARLSF) (FSE: 94Y) ("Argo" or the "Company") is pleased to announce a proposed non-brokered private placement (the "Offering") of up to 1,000,000 units (each, a "Unit") at a price of $1.00 per Unit, for aggregate gross proceeds of up to $1,000,000. Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder to acquire one additional common share at an exercise price of $1.20 for a period of one year from the date of issuance. The securities issued pursuant to the Offering will be subject to a statutory four-month hold period from the date of issuance in accordance with applicable Canadian securities laws. The Company may pay finder's fees in connection with the Offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange (the "Exchange"), if applicable. Closing of the Offering is subject to receipt of all necessary approvals, including acceptance by the Exchange. The Offering will have an over-allotment option for up to an additional 200,000 Units for additional gross proceeds of up to $200,000, exercisable at the Company's discretion. The Company intends to use the proceeds of the Offering to advance the next phase of its STREAM™ commercialization strategy, including securing and developing a facility in the Chicago, Illinois area to support continued development of the STREAM™ technology and related intellectual property, the establishment of a graphene refinery and general corporate and working capital purposes. Advancing the STREAM™ Graphene Refinery Developed by Grapherry, Inc. ("Grapherry") and Dr. Vikas Berry, Argo's CEO and Grapherry's founder, STREAM™, a proprietary production platform exclusively licensed to Argo with a contractual pathway to full ownership, is being designed to convert carbon-rich feedstocks into advanced graphene materials while addressing key challenges associated with graphene commercialization, including scalability, material consistency, manufacturing efficiency and commercial integration. A key anticipated attribute of STREAM™ is its ability to support two distinct material pathways: STREAM-G™ graphene and STREAM-O™ graphene oxide. The two materials possess different f...

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