big deal

BIG DEAL .........*+?<*>*...THE SHAREHOLDERS

The annual general meeting of the shareholders of Argosy Minerals Inc (the "Corporation") was
held at 1600 Cathedral Place, 925 West Georgia Street, Vancouver, British Columbia, Canada on
Friday, May 23, 2008 at 11:00 a.m.
All of the resolutions put to the meeting were passed as follows:
Election of Directors
It was resolved:
To fix the maximum number of directors on the board at four and to re-elect the
following directors who have retired in accordance with paragraph 14.2 of the
Corporation’s By-Laws and, being eligible, offered themselves for re-election:
(a) Peter H. Lloyd,
(b) Cecil R. Bond,
(c) John Maloney, and
(d) Philip Thick
Issue of Options to Directors
It was resolved:
(a) To issue to Peter H. Lloyd or his nominee no later than one month after
the date of this meeting 2,500,000 options for no consideration to acquire
fully paid ordinary shares in the Corporation exercisable at A $0.35 in the
period May 23, 2008 to May 24, 2013;
(b) To issue to Cecil R. Bond or his nominee no later than one month after the
date of this meeting 2,000,000 options for no consideration to acquire
fully paid ordinary shares in the Corporation exercisable at A $0.35 in the
period May 23, 2008 to May 24, 2013.
(c) To issue to John Maloney or his nominee no later than one month after the
date of this meeting 1,000,000 options for no consideration to acquire
fully paid ordinary shares in the Corporation exercisable at A $0.35 in the
period May 23, 2008 to May 24, 2013;
(d) To issue to Philip Thick or his nominee no later than one month after the
date of this meeting 1,000,000 options for no consideration to acquire