Argex to hold corporate update conference call

MONTREAL, Aug. 5 /CNW Telbec/ - Argex Mining Inc. (TSX-V:RGX) (FSE: ASV) (OTCBB: ARGEF) would like to inform its shareholders that it will hold a conference call on Thursday, August 12, 2010, beginning at 11:30 a.m. EDT. Michael Dehn, President and CEO of Argex will update the Company's shareholders on its progress to date including Argex's exploration and corporate activities and will answer questions from selected analysts and the general public following his presentation.

The conference call will be moderated by James West, editor of the Midas Letter.

The dial-in coordinates are as follows:

    
    North America: 1-800-931-6421
    Other: [phone]
    

About Argex

Argex is a junior titanium, iron, vanadium and magnesium explorer with projects in Quebec, Canada. Headquartered in Montreal, Quebec, 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 Bai-Comeau, Quebec. Argex also owns 100% of the Mouchalagan Iron Ore project, 380 kilometres north of Baie-Comeau, Quebec and of the same type of deposit type to ore bodies currently being mined by Quebec Cartier Mining's (Arcelor Mittal) Fire Lake Mine and Consolidated Thompson's Bloom Lake Mine. Recently Argex expanded it's land holdings near Baie-Commeau, Quebec surrounding Consolidated Thompson's Lac Brule Titanium-Iron-Vanadium deposit. Argex has For additional information please visit our website at www.argex.ca.

    
    Forward-Looking Statements
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This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with Canadian securities regulatory authorities

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.

For further information: Michael Dehn, 1-647-477-2382