EXPERIENCED PILOT PLANT MANAGER JOINS TEAM
IMPROVED COSTS, IP PROTECTION AND TIME LINES
COMPANY CONTINUES TOWARD FULL SCALE PRODUCTION
MONTREAL, Dec. 4, 2013 /CNW Telbec/ - Argex Titanium Inc. (TSX: RGX) ("Argex" or the "Company") is pleased to announce the recent appointment of Maria Alejandra Jimeno
as Lab Manager at its R&D Centre in Valleyfield, Quebec. She will
manage Argex's laboratory team that is already in place. Ms. Jimeno
will fill a key role in the execution of the Company's strategy of
moving rapidly to production.
Ms. Jimeno has a Bachelor degree in Materials Engineering and has
extensive experience in managing pilot plant facilities for large
specialty chemical companies. She will report directly to Enrico Di
Cesare, Argex's Chief Operating Officer and Vice President of
As announced on October 29, 2013, Argex's new R&D Centre is currently
operational on the same site as the proposed full scale plant. "The R&D
Centre is a strategic part of Argex's transformation into a large scale
producer of pigment grade titanium dioxide," said Mr. Di Cesare. "It
allows us to better protect our intellectual property while reducing
costs and timelines."
Mr. Roy Bonnell, President & CEO of Argex, stated: "With the addition of
Ms. Jimeno, we continue to add experienced and dedicated personnel into
the positions we need for our next phase of development. Ms. Jimeno
complements our in-house R&D strategy to further build out our
technology leadership. By including the R&D centre in the same facility
as our planned full scale production plant, we will achieve speed and
efficiency gains in technology development, as well as in plant
About Argex Titanium Inc.
ARGEX Titanium Inc. is a near-term producer of Titanium Dioxide (TiO2) pigment. With a primary goal of advancing rapidly towards production,
Argex has adopted a simple and low-risk strategy for the scale-up of
its proprietary process. Argex is pleased to have selected Valleyfield,
Quebec as the location for its Research & Development centre and first
industrial-sized production facility. The location of the site can be
viewed at Argex Valleyfield.
This news release contains statements that may constitute
"forward-looking information" or "forward-looking statements" within
the meaning of applicable Canadian securities legislation.
Forward-looking information and statements may include, among others,
statements regarding the future plans, costs, objectives or performance
of Argex, or the assumptions underlying any of the foregoing. In this
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"believe", "expect", "anticipate", "intend", "plan", "estimate" and
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read as guarantees of future performance or results, and will not
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which, such future performance will be achieved. No assurance can be
given that any events anticipated by the forward-looking information
will transpire or occur, or if any of them do so, what benefits Argex
will derive. Forward-looking statements and information are based on
information available at the time and/or management's good-faith belief
with respect to future events and are subject to known or unknown
risks, uncertainties, assumptions and other unpredictable factors, many
of which are beyond Argex's control. These risks, uncertainties and
assumptions include, but are not limited to, those described under
"Risk Factors" in Argex's Annual Information Form for the fiscal year
ended December 31, 2012, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from
those projected in any forward-looking statements. Argex does not
intend, nor does Argex undertake any obligation, to update or revise
any forward-looking information or statements contained in this news
release to reflect subsequent information, events or circumstances or
otherwise, except if required by applicable laws.
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adequacy or accuracy of this release.
SOURCE: Argex Titanium Inc.
For further information:
Roy Bonnell, President and Chief Executive Officer
Argex Titanium Inc.
514 843-5959 ext. 109
The Howard Group
Sun International Communications