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 manufacturing projects.
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.
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SOURCE: Argex Titanium Inc.
For further information:
Roy Bonnell, President and Chief Executive Officer
Argex Titanium Inc.
514 843-5959 ext. 109
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