MONTREAL, Aug. 18, 2014 /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, has engaged Liolios Group to lead a new strategic investor relations and financial communications program.
"Since I joined Argex a little less than a year ago, we have successfully transitioned the company from the R&D stage to having the unique, patent-protected ability to safely and economically produce highly-valuable titanium dioxide," said Glen Kayll, CFO of Argex. "Our collaboration and long-term supply agreement with PPG Industries (NYSE: PPG) validates our 'game-changing' TiO2 extraction process, and we are now focused on the construction of our first industrial-scale titanium dioxide plant."
"Given this groundbreaking technology and our rapid advance toward initial commercial production, we believe our shareholders would benefit from an experienced team of investor relations professionals to help us navigate the global capital markets and increase awareness of our story in the financial community," continued Kayll. "Liolios Group brings to Argex a proven track record of helping Canadian-listed companies like ours enter the U.S. capital markets to enhance shareholder value by delivering the right message to the right audience, and building high-quality, long-term relationships in the U.S. investment community."
Liolios Group will work closely with Argex management to develop and deploy a comprehensive capital markets strategy and campaign. The campaign will include effective messaging and corporate positioning, strategic advisory, and introductions to investors and key influencers in the financial community. It will also include scheduling road shows and financial conferences for management over the next several months.
For additional information about Argex, contact Liolios Group at 949-574-3860 or email [email protected].
About the Innovation
The innovation in Argex's TiO2 process lies in how the equipment is used, combining well-known technology islands with solvents and chemistry to make TiO2 pigments and high value by-products. Argex's environmental footprint is reduced as a result of saleable by-products and minimal inert tailings, thereby minimizing costs associated with waste treatment and disposal. Further innovation lies in the ability to run the process at low temperatures and atmospheric pressure.
About Liolios Group
Liolios Group, Inc. is a highly selective and comprehensive investor relations firm specializing in small-cap companies. The firm aims to deliver superior performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital attraction. Founded in 1999, Liolios Group executives have extensive experience in finance and investments, and represent clients in a wide range of industries, including technology, digital media, consumer/internet retail, healthcare/life sciences, natural resources and business services. For more information about Liolios Group, please visit www.liolios.com.
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. Argex'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 5.2 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" 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, 2013, 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: Company: Argex Titanium, Inc., Roy Bonnell, President and Chief Executive Officer, 514 843-5959; or 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]