VANCOUVER, Jan. 11 /CNW/ - Argentex Mining Corporation (TSX-V: ATX,
OTCBB: AGXM) today announced the appointment of Mr. Jeff Finkelstein,
B. Comm. (Hons), CA., as Chief Financial Officer and Treasurer,
effective January 7, 2011.
Mr. Finkelstein is a senior-level executive with extensive financial
experience in US and Canadian public and private companies. His
background includes senior management positions with junior and senior
listed companies, including Silver Standard Resources and Sierra
Geothermal Power. Mr. Finkelstein holds both a Bachelor of Arts,
majoring in Economics, and a Bachelor of Commerce (Honors) degree, both
awarded by the University of Manitoba, and has been a Chartered
Accountant since 1990.
"We are very pleased to welcome Jeff to the Argentex team," said Ken
Hicks, President of Argentex. "We believe that his background,
including senior management roles with other resource exploration
companies, will be a considerable advantage for us. With our strong
treasury and Jeff's impressive credentials, we plan to develop a
dedicated and focused management team while continuing to build value
in the ground. Jeff's experience adds the skills and depth we need to
help us drive the company forward."
"I believe that Argentex provides an opportunity to use my experience to
create business opportunities and help the company's positive growth,"
said Jeff Finkelstein, newly appointed Chief Financial Officer of
Argentex. "The company's impressive portfolio of mineral properties
within one of the most active silver-gold exploration regions in the
world coupled with the ever-increasing demand for precious metals makes
for a unique and attractive opportunity."
Jeff Finkelstein replaces Valerie Helsing, who resigned due to personal
commitments on January 7, 2011. Mr. Hicks added, "We would like to
thank Valerie for her guidance as CFO of Argentex during the formative
stages in our corporate development and wish her the best in her future
endeavors. On behalf of the Board I wish to thank her for her
contributions to the company."
Argentex Mining Corporation is a junior mining exploration company with
significant holdings in the Patagonia region of Argentina. It holds an
undivided 100% interest in the mineral rights to all of its properties,
including the advanced Pinguino silver project. The company's portfolio
includes more than 35 properties covering a total of approximately
307,981 acres (124,636 hectares) of prospective land in the Santa Cruz
and Rio Negro provinces of Argentina. Shares of Argentex common stock
trade under the symbol AGXM on the OTCBB and on the TSX Venture
Exchange under the symbol ATX.
Neither 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.
Statements in this news release that are not historical facts are
forward-looking statements that are subject to risks and
uncertainties. Words such as "expects", "intends", "plans", "may",
"could", "should", "anticipates", "likely", "believes" and words of
similar import also identify forward-looking statements.
Forward-looking statements are based on current facts and analysis and
on forecasts of future results, estimates of amounts not yet determined
and assumptions of management. Forward-looking statements in this news
release include statements about the company's plans to develop a
dedicated and focused management team and build value in the ground.
Actual results may differ materially from those currently anticipated
due to a number of factors beyond the Company's control. These risks
and uncertainties include, among other things, competition for
qualified personnel and risks that are inherent in Argentex's
operations including the risk that the Company may not find any
minerals in commercially feasible quantity or raise funds sufficient to
prosecute its exploration plans. These and other risks are described
in the Company's Annual Report on Form 10-K and other filings with the
Securities and Exchange Commission.
SOURCE Argentex Mining Corporation
For further information:
Ken Hicks, President
Argentex Mining Corporation