MONTREAL, Dec. 10, 2013 /CNW Telbec/ - Argex Titanium Inc. (TSX: RGX) ("Argex" or the "Company") announced today the appointment of Mr. Richard Poulin as its new
Executive Vice President. He joins Argex after his most recent role of
Vice President of Strategic Projects at SNC-Lavalin Inc., a global
engineering and construction firm employing more than 30,000 people
with its head office in Montreal, Canada, where he has spent the last
eight years. Mr. Poulin will join the team on January 6, 2014.
Mr. Poulin holds a Bachelor of Applied Sciences, Mechanical Engineering
designation from Laval University, and has been a member of the Ordre des ingénieurs du Québec (Quebec order of professional engineers) since 1985. He joins Argex with
more than 25 years of pan-Canadian and international experience in
leadership roles of successfully overseeing the planning, execution and
implementation of major engineering, construction, and industrial and
Mr. Roy Bonnell, CEO of Argex, stated: "Mr. Poulin is a senior
operations leader who joins the Argex team with a solid 25-year track
record of successfully managing large-budget international projects
particularly in the industrial, chemical, pharmaceutical and
high-technology sectors. He has, during his career, overseen the
planning and execution of major strategic projects and has extensive
experience with fast-track projects and meeting their foremost
challenge in communication and information management."
"In his role as Argex's Executive Vice President, Mr. Poulin will play a
central leadership role with overall responsibility for oversight,
implementation and adherence to all operational timelines, budgets and
deliverables including the construction of the Company's first
industrial-sized production facility in Valleyfield, Quebec," added Mr.
Bonnell. "We continue to transition rapidly into a high-growth producer
of titanium dioxide pigment and, as promised, we are growing the depth
and experience of our team to ensure our success."
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
news release, words such as "may", "would", "could", "will", "likely",
"believe", "expect", "anticipate", "intend", "plan", "estimate" and
similar words and the negative form thereof are used to identify
forward-looking statements. Forward-looking statements should not be
read as guarantees of future performance or results, and will not
necessarily be accurate indications of whether, or the times at or by
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.
Neither the TSX nor its Regulation Services Provider (as that term is
defined in the policies of the TSX) 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.
514 843-5959 ext. 109
The Howard Group
Sun International Communications