MONTREAL, March 13, 2013 /CNW Telbec/ - Argex Titanium Inc. (TSXV: RGX) ("Argex") is proud to announce it has joined the American Coatings Association
(ACA), a non-profit trade organization representing the biggest names
in the paint and coatings industry, including manufacturers, suppliers,
distributors and associated technical professionals. The ACA serves as
an advocate and ally for members on legislative, regulatory and
judicial issues. It also focuses on advancements in science and
technology through its technical conferences and journals, as well as
online training opportunities. In addition, ACA offers essential
business information to members through its publications, surveys, and
"We are very pleased to have joined the American Coatings Association;
in doing so, we will benefit from its visibility and many advantages,"
stated Roy Bonnell, President and Chief Executive Officer of Argex
Titanium. "As a producer of titanium dioxide, Argex will work with
players throughout the supply chain to increase its presence in the
Additionally, Argex reports that it has issued a total of 60,000 stock
options on March 6, 2013 to its employees under its Stock Option Plan
These incentive stock options are exercisable at $1.24 with an expiry
date of March 6, 2018 and have an 18-month vesting period.
About Argex Titanium Inc.
ARGEX Titanium INC. is a near-term producer of Titanium Dioxide. 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 that allows it to produce high-purity TiO2 directly from run-of-mine material.
The process is running continuously at the mini-plant in Mississauga,
Ontario. The closed-loop process is environmentally friendly and
produces minimal inert tailings.
Additionally, the Corporation owns 100% of the Mouchalagane property,
which is a large Labrador trough iron ore property that represents
further potential upside for the Argex shareholders.
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.
SOURCE: Argex Titanium Inc.
For further information:
Roy Bonnell, President and Chief Executive Officer
Argex Titanium Inc.
Argex Titanium Inc.
The Howard Group
Sarah Moreau, Consultant, Financial & Regulatory Affairs
514 395-0375, ext.234