ARGEX MINING COMMENTS ON STOCK TRADING ACTIVITY

MONTREAL, Jan. 18 /CNW Telbec/ - Argex Mining Inc. (TSX-V: RGX) (FSE: ASV) (OTCBB: ARGEF) has been asked by the Investment Industry Regulatory Organization of Canada (IIROC), on behalf of the TSX Venture Exchange, to comment on the recent increase in the price of its stock and volume of shares traded.

Argex is not aware of any corporate development or undisclosed material information that would account for this trading activity.

About Argex Mining Inc.

Argex is a junior titanium, iron, vanadium and magnesium explorer with projects in Québec, Canada. Headquartered in Montreal, Québec, the company is committed to the interests of its shareholders, with plans to rapidly advance towards titanium production at the 100%-owned La Blache deposit located near Baie-Comeau, Québec. Argex also owns 100% of the Mouchalagane Iron Ore project, 380 kilometres north of Baie-Comeau, Québec and of the same type of deposit as ore bodies currently being mined by Québec Cartier Mining's (Arcelor Mittal) Fire Lake Mine and Consolidated Thompson's Bloom Lake Mine. Recently, Argex expanded its land holdings near Baie-Comeau, Québec surrounding Consolidated Thompson's Lac Brûlé Titanium-Iron-Vanadium deposit. For additional information, please visit our website at www.argex.ca.

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 MINING INC.

For further information:

Michael Dehn, President and CEO
Argex Mining Inc.
647-477-2382
michael@argex.ca

Or

Paradox Public Relations at 514-341-0408 or 1-866-460-0408

Organization Profile

ARGEX MINING INC.

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