Argex announces appointment Head of Engineering and Construction

MONTREAL, Sept. 4, 2012 /CNW Telbec/ - Argex Titanium Inc. (TSXV: RGX) (FSE: ASV) (OTCBB: ARGEF) is pleased to announce the appointment of Ian J. Cox as its Head of Engineering and Construction. The appointment takes effect immediately.

Ian J. Cox is an engineer with more than 30 years' experience. Mr. Cox worked most recently as Regional Business Manager for Middough Inc., a U.S. engineering, architecture, environment and construction consulting firm. He was also Director of Engineering and Projects at Tecno-Logos Desenvolvimento in Rio de Janeiro, Brazil, from 2007 to 2010. Over the course of his career, he has developed expertise in the primary metals and the steel industry, among others from his work with British Steel Corporation (previously Corus Steel, part of the Tata Group), Lodge Cottrall and BCIRA. Mr. Cox holds an Honour's Bachelor of Science, Fuel and Combustion degree from Leeds University in England. His academic studies also include the University of Tennessee, Massachusetts Institute of Technology (MIT), and Harvard Business School.

Enrico Di Cesare, Chief Operating Officer, VP Technology commented,  "Ian Cox is an engineer with more than 30 years' experience, he has held executive positions in technology companies, construction and technology equipment providers to the metallurgy industry. Ian will have the responsibility of leading the upcoming Feasibility Study with the engineering firms and equipment providers. Ian will work closely with the PRO team in developing the CTL process as a technological package in a modular format to facilitate the build-out of capacity going forward. He will also provide mentoring for the younger engineers that will be joining our team. After the Feasibility Study is completed, Ian's mandate will be to lead the detailed construction engineering of the Argex facility."

"We are delighted to welcome Ian Cox, a highly experienced and respected engineer to our team," stated Roy Bonnell, President and Chief Executive Officer of Argex Titanium. "His experience working in Canada, the U.S. and abroad is coupled with a reputation as an exceptional manager. His addition to the Argex team is advancing our project towards production."

About Argex Titanium Inc.

ARGEX Titanium INC. is a near-term producer of Titanium Dioxide. 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 that allows it to produce high-purity TiO₂ directly from run-of-mine material.

The process is running continuously at the mini-plant in Mississauga, Ontario. The closed-loop process is environmentally friendly and produces minimal inert tailings.

Additionally, the Corporation owns 100% of the Mouchalagane property, which is a large Labrador trough iron ore property that represents further potential upside for the Argex shareholders.

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 Titanium Inc.