MONTREAL, March 30, 2015 /CNW Telbec/ - Argex Titanium Inc. (TSX: RGX) (''Argex'' or the ''Company'') an emerging producer of high-grade titanium dioxide (TiO2) used as white pigment in paint, plastic, paper, cosmetics and other applications, announced today the hiring of Serge Depatie in the role of VP Communications and Investor Relations.
Mr. Depatie will be in charge of investor relations and corporate communications. Most recently he served as CIO of NCP Investments Management. Mr. Depatie has held executive private equity roles in the mining and metallurgy sectors where he gained specific knowledge of metallurgical processing for products directed to the paint industry. Prior to these roles, Mr. Depatie was a portfolio manager at Natcan Investment Management were he notably exercised functions of resource analyst for one of the largest small cap investment funds in Canada.
"Argex continues to add bench strength to its team as it advances towards the financing and construction of its first industrial-sized TIO2 production facility." noted Roy Bonnell, President CEO of Argex. "Serge has a unique knowledge of our industry as well as a deep understanding of financial markets for growth companies. His appointment signals our commitment to improve both the frequency and quality of our communications with the public, the industry and most importantly our shareholders."
Mr. Depatie is an engineering graduate from McGill University and holds an MBA from Concordia University.
About Argex Titanium
Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other applications. The company's unique proprietary process takes relatively inexpensive and plentiful source material from a variety of potential vendors, and produces TiO2 along with other valuable by-products. Argex's process provides a significant cost and environmental advantage over current legacy TiO2 production methods. The company's primary near term goal is to rapidly advance toward a 50,000 tonne per annum production module as a first step in its goal to transform the 5.7 million tonne per annum TiO2 industry.
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 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" "target" 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, 2014, 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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SOURCE Argex Titanium Inc.
For further information: Company: Sophy Cesar, Manager, Investor Relations Corporate Communications, Argex Titanium Inc. 514-843-5959 Ext. 128, [email protected]; U.S. Investor Relations: Liolios Group Inc., Chris Tyson, Tel 949-574-3860, [email protected]; Canadian Investor Relations: The Howard Group, Dave Burwell, Tel 888-221-0915, [email protected]