Argex Titanium Inc.

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Argex Titanium Inc. has developed an advanced process for the production of high grade titanium dioxide (TiO2) white pigment to be used as a quality ingredient in industrial products. Join us as we develop a more cost effective and more environmentally friendly way to produce TiO2 pigment.

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Argex Titanium Inc.

lockPrivateGroup

Argex Titanium Inc. has developed an advanced process for the production of high grade titanium dioxide (TiO2) white ......

people138 Members       (0)

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Yolo Swaggins commented on Luigi Conte  update inARGEX TITANIUM INC.

1 day

What are you expecting? News? You cannot relelase news you don't have/is not ready
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Luigi Conte posted an update inARGEX TITANIUM INC.

It seems like the stock price is proportional to the PR?

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H. Auler commented on Luigi Conte  update inARGEX TITANIUM INC.

1 day

that pr and the homepage are a disaster... the sp shows that...
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Luigi Conte posted an update inARGEX TITANIUM INC.

It seems like the stock price is proportional to the PR?

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Yolo Swaggins commented on Luigi Conte  update inARGEX TITANIUM INC.

1 day

I do not understand what you are saying
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Luigi Conte posted an update inARGEX TITANIUM INC.

It seems like the stock price is proportional to the PR?

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Luigi Conte posted an update inARGEX TITANIUM INC.

1 day

It seems like the stock price is proportional to the PR?

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Gino ... posted an update inARGEX TITANIUM INC.

9 days

2018 is the last year for me.. I've waited for something that will never come Asser is asser... sorry for my pessimism but that's purely my opinion.... hopefully a good end of the year... it takes something to put us under the tooth by then C obvious...

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Gino ... posted an update inARGEX TITANIUM INC.

10 days

No corporate update , no finançing News ,its Smell bad ... im always on the Boat but for me its the end soon , im getting ready to jump overboard....

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Joe Catron posted an update inARGEX TITANIUM INC.

11 days

Hi Gladys, Almost 4 months have passed since the last corporate update - any plans to share the advancements to shareholders soon? We are quickly coming to the end of 2018 and still no updates on the tech centre, for one.

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Luigi Conte posted an update inARGEX TITANIUM INC.

13 days

Not at the homepage, but now the CFO is member of 8020. Welcome

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Luigi Conte posted an update inARGEX TITANIUM INC.

18 days

Probably, the new CFO must first finish a deal before going on the homepage appears? Amir Dallala has been waiting for almost a year before he can show his face? "less stellar" is very nicely worded Paul B.

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Gino ... commented on Paul B  update inARGEX TITANIUM INC.

19 days

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Paul B

22 days

Paul B posted an update inARGEX TITANIUM INC.

Maybe they should consider investing in a real investor relations company ... Argex communication with its shareholders has been less than stellar.

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Paul B posted an update inARGEX TITANIUM INC.

22 days

Maybe they should consider investing in a real investor relations company ... Argex communication with its shareholders has been less than stellar.

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H. Auler posted an update inARGEX TITANIUM INC.

22 days

better late than never.... sorry but to answer 7 days after for one question.... dear gladys..... in the past I got answers to complex questions from mazen h. in serveral hours...

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gladys@argex.ca commented on H. Auler  update inARGEX TITANIUM INC.

23 days

Good morning, Yes, we will be at the TiO2 conference. This is a nice opportunity to meet potential clients and partners, and to have the chance to explain all the achievements we made during the last year. Have a nice day,
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H. Auler

29 days

H. Auler posted an update inARGEX TITANIUM INC.

TiO2 summit 2018 Hi Gladys, will Argex be on the 2018th summit in Boston? October 3-5, 2018 | Boston, Massachusetts TiO2 World Summit 2018 https://www.pigmentmarkets.com/tio2

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Luigi Conte commented on H. Auler  update inARGEX TITANIUM INC.

24 days

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H. Auler

29 days

H. Auler posted an update inARGEX TITANIUM INC.

TiO2 summit 2018 Hi Gladys, will Argex be on the 2018th summit in Boston? October 3-5, 2018 | Boston, Massachusetts TiO2 World Summit 2018 https://www.pigmentmarkets.com/tio2

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8020 Admin

29 days

8020 Admin posted a press release Munther Khalifa A Allahiq Acquires Securities of Argex Titanium Inc. in Argex Titanium Inc.

MONTREAL, Sept. 21, 2018 /CNW Telbec/ - Munther Khalifa A Allahiq announces that on July 25, 2018, he acquired, at a first closing of a private placement, 19,375,000 units of Argex Titanium Inc. (TSX: RGX) ("Argex") at a price of $0.032 per unit for gross proceeds to Argex of $620,000 (the "First Tranche Private Placement") and subsequently, on September 13, 2018, acquired at a second closing of the private placement, 24,371,875 additional units of Argex at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000 (the "Second Tranche Private Placement", and collectively with the First Tranche Private Placement, the "Transaction").

Each of the units acquired in the Transaction is comprised of one common share of Argex (collectively, the "Shares") and one common share purchase warrant of Argex (collectively, the "Warrants"). Each Warrant entitles its holder to acquire one additional Share at a price of $0.041 for a period of five years from the date of issuance.

Immediately prior to the closing of the First Tranche Private Placement, Mr. Allahiq did not hold any Shares or Warrants. Prior to the closing of the Second Tranche Private Placement, Mr. Allahiq directly owned (i) 19,375,000 Shares, and (ii) 19,375,000 Warrants entitling him to purchase 19,375,000 Shares.

Following the closing of the Second Tranche Private Placement, Mr. Allahiq directly owns (i) 43,746,875 Shares, and (ii) 43,746,875 Warrants entitling him to purchase 43,746,875 Shares. Assuming that immediately following the closing of the Second Tranche Private Placement Mr. Allahiq exercised all of his Warrants, he would own 87,493,750 Shares, representing on a partially-diluted basis, 19.84% of the Shares that would then be issued and outstanding.

In accordance with applicable securities laws, Mr. Allahiq may, from time to time and at any time, acquire additional Shares and/or other equity, debt or other securities or instruments (collectively, "Securities") of Argex in the open market or otherwise, and he reserves the right to dispose of any or all of his Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of Argex and other relevant factors.

A copy of an early warning report filed by Mr. Allahiq in connection with the Transaction is available on SEDAR under Argex's profile. This news release is issued under the early warning provisions of Canadian securities legislation.

 

SOURCE Munther Khalifa A Allahiq

View original content: http://www.newswire.ca/en/releases/archive/September2018/21/c6817.html

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H. Auler posted an update inARGEX TITANIUM INC.

29 days

TiO2 summit 2018 Hi Gladys, will Argex be on the 2018th summit in Boston? October 3-5, 2018 | Boston, Massachusetts TiO2 World Summit 2018 https://www.pigmentmarkets.com/tio2

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michaelwiner replied to the press release 8020 Admin  update in ARGEX TITANIUM INC.

1 month

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A very important development! Excellent!keyboard_arrow_downShow Post

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8020 Admin

1 month

8020 Admin  posted an update in ARGEX TITANIUM INC.

MONTREAL, Québec (FSCwire) - Argex Titanium Inc. (TSX: RGX) (“Argex”) and Fanchem Ltd, a subsidiary of PVS Chemical Inc., a Michigan-based private corporation, are pleased to announce the execution of a Letter of Intent for the marketing of products to be manufactured in the commercial Argex titanium dioxide (TiO2) process. The agreement addresses a long-term arrangement for the sale and marketing of iron chloride, iron sulfate, iron oxide and magnesium sulfate which result from the optimized process for manufacture of pigment grade TiO2. The total volume of by-products from the Argex 100,000 tonnes TiO2 facility will exceed 190,000 tonnes per year.

“This is an important agreement for Argex as it secures an essential commercial outlet for products that are created in our production of titanium dioxide in our commercial facilities. It demonstrates that the Argex technology is environmentally friendly as the output is saleable to established users.  It gives Argex access to established market demand which will accelerate our ability to gain advantage for our commercial facilities. We look forward to a long-term relationship with PVS Fanchem Ltd, which will be beneficial to both companies” said Mazen Alnaimi, Chairman and CEO of Argex.

 

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

 

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

 

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

 

Contact:

 Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca



Source: Argex Titanium Inc. (TSX:RGX, OTC Pink:ARGEF, FWB:ASV)

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8020 Admin

1 month

8020 Admin posted a press release Argex Titanium- PVS Fanchem Letter of Intent in Argex Titanium Inc.

MONTREAL, Québec (FSCwire) - Argex Titanium Inc. (TSX: RGX) (“Argex”) and Fanchem Ltd, a subsidiary of PVS Chemical Inc., a Michigan-based private corporation, are pleased to announce the execution of a Letter of Intent for the marketing of products to be manufactured in the commercial Argex titanium dioxide (TiO2) process. The agreement addresses a long-term arrangement for the sale and marketing of iron chloride, iron sulfate, iron oxide and magnesium sulfate which result from the optimized process for manufacture of pigment grade TiO2. The total volume of by-products from the Argex 100,000 tonnes TiO2 facility will exceed 190,000 tonnes per year.

“This is an important agreement for Argex as it secures an essential commercial outlet for products that are created in our production of titanium dioxide in our commercial facilities. It demonstrates that the Argex technology is environmentally friendly as the output is saleable to established users.  It gives Argex access to established market demand which will accelerate our ability to gain advantage for our commercial facilities. We look forward to a long-term relationship with PVS Fanchem Ltd, which will be beneficial to both companies” said Mazen Alnaimi, Chairman and CEO of Argex.

 

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

 

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

 

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

 

Contact:

 Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca



Source: Argex Titanium Inc. (TSX:RGX, OTC Pink:ARGEF, FWB:ASV)

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Congratulations Gladys and the entire team at Argex. This is fantastic news for the company!keyboard_arrow_downShow Post

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gladys@argex.ca  posted an update in ARGEX TITANIUM INC.

 Argex Titanium Holds Second Closing of Private Placement for $780,000

Not for distribution to United States newswire services or for dissemination in the United States

MONTREAL, Québec – September 13, 2018 – Argex Titanium Inc. (TSX: RGX) (“Argex”) is pleased to announce that it has held a second closing of its previously announced private placement at which it issued 24,371,875 additional units to Mr. Munther Khalifa A Allahiq at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000.  The second closing followed clearance by the Toronto Stock Exchange of a “Personal Information Form” submitted by Mr. Allahiq in light of the number of units for which he subscribed.

Each of the units is comprised of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional Argex common share at a price of $0.041 for a period of five years. 

Argex will use the proceeds from the second closing for working capital.

Argex issued a total of 43,746,875 units to Mr. Allahiq in the private placement for gross proceeds to Argex of approximately $1.4 million.  Mr. Allahiq is the brother of Mazen Alnaimi, Argex’s Chairman and CEO. Argex considers that the private placement was at arm’s length.

The securities issued at the second closing of the private placement are subject to a four-month “hold period” under applicable securities regulations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable byproducts. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

Contact:

Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca

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Congrats team Argex. It has not been an easy market for raising capital. Keep up your all your efforts. keyboard_arrow_downShow Post

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gladys@argex.ca  posted an update in ARGEX TITANIUM INC.

 Argex Titanium Holds Second Closing of Private Placement for $780,000

Not for distribution to United States newswire services or for dissemination in the United States

MONTREAL, Québec – September 13, 2018 – Argex Titanium Inc. (TSX: RGX) (“Argex”) is pleased to announce that it has held a second closing of its previously announced private placement at which it issued 24,371,875 additional units to Mr. Munther Khalifa A Allahiq at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000.  The second closing followed clearance by the Toronto Stock Exchange of a “Personal Information Form” submitted by Mr. Allahiq in light of the number of units for which he subscribed.

Each of the units is comprised of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional Argex common share at a price of $0.041 for a period of five years. 

Argex will use the proceeds from the second closing for working capital.

Argex issued a total of 43,746,875 units to Mr. Allahiq in the private placement for gross proceeds to Argex of approximately $1.4 million.  Mr. Allahiq is the brother of Mazen Alnaimi, Argex’s Chairman and CEO. Argex considers that the private placement was at arm’s length.

The securities issued at the second closing of the private placement are subject to a four-month “hold period” under applicable securities regulations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable byproducts. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

Contact:

Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca

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8020 Admin

1 month

8020 Admin posted a press release Argex Titanium Holds Second Closing of Private Placement for $780,000 in Argex Titanium Inc.

Montréal, Québec (FSCwire) - Argex Titanium Inc. (TSX: RGX) (“Argex”) is pleased to announce that it has held a second closing of its previously announced private placement at which it issued 24,371,875 additional units to Mr. Munther Khalifa A Allahiq at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000.  The second closing followed clearance by the Toronto Stock Exchange of a “Personal Information Form” submitted by Mr. Allahiq in light of the number of units for which he subscribed.

Each of the units is comprised of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional Argex common share at a price of $0.041 for a period of five years.

Argex will use the proceeds from the second closing for working capital.

Argex issued a total of 43,746,875 units to Mr. Allahiq in the private placement for gross proceeds to Argex of approximately $1.4 million.  Mr. Allahiq is the brother of Mazen Alnaimi, Argex’s Chairman and CEO. Argex considers that the private placement was at arm’s length.

The securities issued at the second closing of the private placement are subject to a four-month “hold period” under applicable securities regulations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

 

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable byproducts. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

 

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

 

Contact:

Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca



To view the original release, please click here


Source: Argex Titanium Inc. (TSX:RGX, OTC Pink:ARGEF, FWB:ASV)

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gladys@argex.ca posted a News Item Argex Titanium Holds Second Closing of Private Placement for $780,000 in Argex Titanium Inc.

 Argex Titanium Holds Second Closing of Private Placement for $780,000

Not for distribution to United States newswire services or for dissemination in the United States

MONTREAL, Québec – September 13, 2018 – Argex Titanium Inc. (TSX: RGX) (“Argex”) is pleased to announce that it has held a second closing of its previously announced private placement at which it issued 24,371,875 additional units to Mr. Munther Khalifa A Allahiq at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000.  The second closing followed clearance by the Toronto Stock Exchange of a “Personal Information Form” submitted by Mr. Allahiq in light of the number of units for which he subscribed.

Each of the units is comprised of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional Argex common share at a price of $0.041 for a period of five years. 

Argex will use the proceeds from the second closing for working capital.

Argex issued a total of 43,746,875 units to Mr. Allahiq in the private placement for gross proceeds to Argex of approximately $1.4 million.  Mr. Allahiq is the brother of Mazen Alnaimi, Argex’s Chairman and CEO. Argex considers that the private placement was at arm’s length.

The securities issued at the second closing of the private placement are subject to a four-month “hold period” under applicable securities regulations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable byproducts. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

Contact:

Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca

!

Argex Titanium Inc.

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Argex Titanium Inc. has developed an advanced process for the production of high grade titanium dioxide (TiO2) white pigment to be used as a quality ingredient in industrial products. Join us as we develop a more cost effective and more environmentally friendly way to produce TiO2 pigment.

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Argex Titanium Inc.

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Argex Titanium Inc. has developed an advanced process for the production of high grade titanium dioxide (TiO2) white ......

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Yolo Swaggins commented on Luigi Conte  update inARGEX TITANIUM INC.

1 day

What are you expecting? News? You cannot relelase news you don't have/is not ready
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Luigi Conte posted an update inARGEX TITANIUM INC.

It seems like the stock price is proportional to the PR?

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H. Auler commented on Luigi Conte  update inARGEX TITANIUM INC.

1 day

that pr and the homepage are a disaster... the sp shows that...
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Luigi Conte posted an update inARGEX TITANIUM INC.

It seems like the stock price is proportional to the PR?

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Yolo Swaggins commented on Luigi Conte  update inARGEX TITANIUM INC.

1 day

I do not understand what you are saying
keyboard_arrow_downShow Post

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Luigi Conte posted an update inARGEX TITANIUM INC.

It seems like the stock price is proportional to the PR?

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Luigi Conte posted an update inARGEX TITANIUM INC.

1 day

It seems like the stock price is proportional to the PR?

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Gino ... posted an update inARGEX TITANIUM INC.

9 days

2018 is the last year for me.. I've waited for something that will never come Asser is asser... sorry for my pessimism but that's purely my opinion.... hopefully a good end of the year... it takes something to put us under the tooth by then C obvious...

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Gino ... posted an update inARGEX TITANIUM INC.

10 days

No corporate update , no finançing News ,its Smell bad ... im always on the Boat but for me its the end soon , im getting ready to jump overboard....

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Joe Catron posted an update inARGEX TITANIUM INC.

11 days

Hi Gladys, Almost 4 months have passed since the last corporate update - any plans to share the advancements to shareholders soon? We are quickly coming to the end of 2018 and still no updates on the tech centre, for one.

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Luigi Conte posted an update inARGEX TITANIUM INC.

13 days

Not at the homepage, but now the CFO is member of 8020. Welcome

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Luigi Conte posted an update inARGEX TITANIUM INC.

18 days

Probably, the new CFO must first finish a deal before going on the homepage appears? Amir Dallala has been waiting for almost a year before he can show his face? "less stellar" is very nicely worded Paul B.

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Gino ... commented on Paul B  update inARGEX TITANIUM INC.

19 days

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Paul B

22 days

Paul B posted an update inARGEX TITANIUM INC.

Maybe they should consider investing in a real investor relations company ... Argex communication with its shareholders has been less than stellar.

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Paul B posted an update inARGEX TITANIUM INC.

22 days

Maybe they should consider investing in a real investor relations company ... Argex communication with its shareholders has been less than stellar.

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H. Auler posted an update inARGEX TITANIUM INC.

22 days

better late than never.... sorry but to answer 7 days after for one question.... dear gladys..... in the past I got answers to complex questions from mazen h. in serveral hours...

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gladys@argex.ca commented on H. Auler  update inARGEX TITANIUM INC.

23 days

Good morning, Yes, we will be at the TiO2 conference. This is a nice opportunity to meet potential clients and partners, and to have the chance to explain all the achievements we made during the last year. Have a nice day,
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H. Auler

29 days

H. Auler posted an update inARGEX TITANIUM INC.

TiO2 summit 2018 Hi Gladys, will Argex be on the 2018th summit in Boston? October 3-5, 2018 | Boston, Massachusetts TiO2 World Summit 2018 https://www.pigmentmarkets.com/tio2

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Luigi Conte commented on H. Auler  update inARGEX TITANIUM INC.

24 days

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H. Auler

29 days

H. Auler posted an update inARGEX TITANIUM INC.

TiO2 summit 2018 Hi Gladys, will Argex be on the 2018th summit in Boston? October 3-5, 2018 | Boston, Massachusetts TiO2 World Summit 2018 https://www.pigmentmarkets.com/tio2

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8020 Admin

29 days

8020 Admin posted a press release Munther Khalifa A Allahiq Acquires Securities of Argex Titanium Inc. in Argex Titanium Inc.

MONTREAL, Sept. 21, 2018 /CNW Telbec/ - Munther Khalifa A Allahiq announces that on July 25, 2018, he acquired, at a first closing of a private placement, 19,375,000 units of Argex Titanium Inc. (TSX: RGX) ("Argex") at a price of $0.032 per unit for gross proceeds to Argex of $620,000 (the "First Tranche Private Placement") and subsequently, on September 13, 2018, acquired at a second closing of the private placement, 24,371,875 additional units of Argex at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000 (the "Second Tranche Private Placement", and collectively with the First Tranche Private Placement, the "Transaction").

Each of the units acquired in the Transaction is comprised of one common share of Argex (collectively, the "Shares") and one common share purchase warrant of Argex (collectively, the "Warrants"). Each Warrant entitles its holder to acquire one additional Share at a price of $0.041 for a period of five years from the date of issuance.

Immediately prior to the closing of the First Tranche Private Placement, Mr. Allahiq did not hold any Shares or Warrants. Prior to the closing of the Second Tranche Private Placement, Mr. Allahiq directly owned (i) 19,375,000 Shares, and (ii) 19,375,000 Warrants entitling him to purchase 19,375,000 Shares.

Following the closing of the Second Tranche Private Placement, Mr. Allahiq directly owns (i) 43,746,875 Shares, and (ii) 43,746,875 Warrants entitling him to purchase 43,746,875 Shares. Assuming that immediately following the closing of the Second Tranche Private Placement Mr. Allahiq exercised all of his Warrants, he would own 87,493,750 Shares, representing on a partially-diluted basis, 19.84% of the Shares that would then be issued and outstanding.

In accordance with applicable securities laws, Mr. Allahiq may, from time to time and at any time, acquire additional Shares and/or other equity, debt or other securities or instruments (collectively, "Securities") of Argex in the open market or otherwise, and he reserves the right to dispose of any or all of his Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of Argex and other relevant factors.

A copy of an early warning report filed by Mr. Allahiq in connection with the Transaction is available on SEDAR under Argex's profile. This news release is issued under the early warning provisions of Canadian securities legislation.

 

SOURCE Munther Khalifa A Allahiq

View original content: http://www.newswire.ca/en/releases/archive/September2018/21/c6817.html

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H. Auler posted an update inARGEX TITANIUM INC.

29 days

TiO2 summit 2018 Hi Gladys, will Argex be on the 2018th summit in Boston? October 3-5, 2018 | Boston, Massachusetts TiO2 World Summit 2018 https://www.pigmentmarkets.com/tio2

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michaelwiner replied to the press release 8020 Admin  update in ARGEX TITANIUM INC.

1 month

...

A very important development! Excellent!keyboard_arrow_downShow Post

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8020 Admin

1 month

8020 Admin  posted an update in ARGEX TITANIUM INC.

MONTREAL, Québec (FSCwire) - Argex Titanium Inc. (TSX: RGX) (“Argex”) and Fanchem Ltd, a subsidiary of PVS Chemical Inc., a Michigan-based private corporation, are pleased to announce the execution of a Letter of Intent for the marketing of products to be manufactured in the commercial Argex titanium dioxide (TiO2) process. The agreement addresses a long-term arrangement for the sale and marketing of iron chloride, iron sulfate, iron oxide and magnesium sulfate which result from the optimized process for manufacture of pigment grade TiO2. The total volume of by-products from the Argex 100,000 tonnes TiO2 facility will exceed 190,000 tonnes per year.

“This is an important agreement for Argex as it secures an essential commercial outlet for products that are created in our production of titanium dioxide in our commercial facilities. It demonstrates that the Argex technology is environmentally friendly as the output is saleable to established users.  It gives Argex access to established market demand which will accelerate our ability to gain advantage for our commercial facilities. We look forward to a long-term relationship with PVS Fanchem Ltd, which will be beneficial to both companies” said Mazen Alnaimi, Chairman and CEO of Argex.

 

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

 

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

 

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

 

Contact:

 Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca



Source: Argex Titanium Inc. (TSX:RGX, OTC Pink:ARGEF, FWB:ASV)

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8020 Admin

1 month

8020 Admin posted a press release Argex Titanium- PVS Fanchem Letter of Intent in Argex Titanium Inc.

MONTREAL, Québec (FSCwire) - Argex Titanium Inc. (TSX: RGX) (“Argex”) and Fanchem Ltd, a subsidiary of PVS Chemical Inc., a Michigan-based private corporation, are pleased to announce the execution of a Letter of Intent for the marketing of products to be manufactured in the commercial Argex titanium dioxide (TiO2) process. The agreement addresses a long-term arrangement for the sale and marketing of iron chloride, iron sulfate, iron oxide and magnesium sulfate which result from the optimized process for manufacture of pigment grade TiO2. The total volume of by-products from the Argex 100,000 tonnes TiO2 facility will exceed 190,000 tonnes per year.

“This is an important agreement for Argex as it secures an essential commercial outlet for products that are created in our production of titanium dioxide in our commercial facilities. It demonstrates that the Argex technology is environmentally friendly as the output is saleable to established users.  It gives Argex access to established market demand which will accelerate our ability to gain advantage for our commercial facilities. We look forward to a long-term relationship with PVS Fanchem Ltd, which will be beneficial to both companies” said Mazen Alnaimi, Chairman and CEO of Argex.

 

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

 

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

 

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

 

Contact:

 Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca



Source: Argex Titanium Inc. (TSX:RGX, OTC Pink:ARGEF, FWB:ASV)

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Congratulations Gladys and the entire team at Argex. This is fantastic news for the company!keyboard_arrow_downShow Post

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gladys@argex.ca  posted an update in ARGEX TITANIUM INC.

 Argex Titanium Holds Second Closing of Private Placement for $780,000

Not for distribution to United States newswire services or for dissemination in the United States

MONTREAL, Québec – September 13, 2018 – Argex Titanium Inc. (TSX: RGX) (“Argex”) is pleased to announce that it has held a second closing of its previously announced private placement at which it issued 24,371,875 additional units to Mr. Munther Khalifa A Allahiq at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000.  The second closing followed clearance by the Toronto Stock Exchange of a “Personal Information Form” submitted by Mr. Allahiq in light of the number of units for which he subscribed.

Each of the units is comprised of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional Argex common share at a price of $0.041 for a period of five years. 

Argex will use the proceeds from the second closing for working capital.

Argex issued a total of 43,746,875 units to Mr. Allahiq in the private placement for gross proceeds to Argex of approximately $1.4 million.  Mr. Allahiq is the brother of Mazen Alnaimi, Argex’s Chairman and CEO. Argex considers that the private placement was at arm’s length.

The securities issued at the second closing of the private placement are subject to a four-month “hold period” under applicable securities regulations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable byproducts. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

Contact:

Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca

!

Congrats team Argex. It has not been an easy market for raising capital. Keep up your all your efforts. keyboard_arrow_downShow Post

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gladys@argex.ca  posted an update in ARGEX TITANIUM INC.

 Argex Titanium Holds Second Closing of Private Placement for $780,000

Not for distribution to United States newswire services or for dissemination in the United States

MONTREAL, Québec – September 13, 2018 – Argex Titanium Inc. (TSX: RGX) (“Argex”) is pleased to announce that it has held a second closing of its previously announced private placement at which it issued 24,371,875 additional units to Mr. Munther Khalifa A Allahiq at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000.  The second closing followed clearance by the Toronto Stock Exchange of a “Personal Information Form” submitted by Mr. Allahiq in light of the number of units for which he subscribed.

Each of the units is comprised of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional Argex common share at a price of $0.041 for a period of five years. 

Argex will use the proceeds from the second closing for working capital.

Argex issued a total of 43,746,875 units to Mr. Allahiq in the private placement for gross proceeds to Argex of approximately $1.4 million.  Mr. Allahiq is the brother of Mazen Alnaimi, Argex’s Chairman and CEO. Argex considers that the private placement was at arm’s length.

The securities issued at the second closing of the private placement are subject to a four-month “hold period” under applicable securities regulations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable byproducts. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

Contact:

Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca

!
Thumb 8020 monitor 200 200  png

8020 Admin

1 month

8020 Admin posted a press release Argex Titanium Holds Second Closing of Private Placement for $780,000 in Argex Titanium Inc.

Montréal, Québec (FSCwire) - Argex Titanium Inc. (TSX: RGX) (“Argex”) is pleased to announce that it has held a second closing of its previously announced private placement at which it issued 24,371,875 additional units to Mr. Munther Khalifa A Allahiq at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000.  The second closing followed clearance by the Toronto Stock Exchange of a “Personal Information Form” submitted by Mr. Allahiq in light of the number of units for which he subscribed.

Each of the units is comprised of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional Argex common share at a price of $0.041 for a period of five years.

Argex will use the proceeds from the second closing for working capital.

Argex issued a total of 43,746,875 units to Mr. Allahiq in the private placement for gross proceeds to Argex of approximately $1.4 million.  Mr. Allahiq is the brother of Mazen Alnaimi, Argex’s Chairman and CEO. Argex considers that the private placement was at arm’s length.

The securities issued at the second closing of the private placement are subject to a four-month “hold period” under applicable securities regulations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

 

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable byproducts. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

 

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

 

Contact:

Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca



To view the original release, please click here


Source: Argex Titanium Inc. (TSX:RGX, OTC Pink:ARGEF, FWB:ASV)

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gladys@argex.ca posted a News Item Argex Titanium Holds Second Closing of Private Placement for $780,000 in Argex Titanium Inc.

 Argex Titanium Holds Second Closing of Private Placement for $780,000

Not for distribution to United States newswire services or for dissemination in the United States

MONTREAL, Québec – September 13, 2018 – Argex Titanium Inc. (TSX: RGX) (“Argex”) is pleased to announce that it has held a second closing of its previously announced private placement at which it issued 24,371,875 additional units to Mr. Munther Khalifa A Allahiq at a price of $0.032 per unit for gross proceeds to Argex of approximately $780,000.  The second closing followed clearance by the Toronto Stock Exchange of a “Personal Information Form” submitted by Mr. Allahiq in light of the number of units for which he subscribed.

Each of the units is comprised of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional Argex common share at a price of $0.041 for a period of five years. 

Argex will use the proceeds from the second closing for working capital.

Argex issued a total of 43,746,875 units to Mr. Allahiq in the private placement for gross proceeds to Argex of approximately $1.4 million.  Mr. Allahiq is the brother of Mazen Alnaimi, Argex’s Chairman and CEO. Argex considers that the private placement was at arm’s length.

The securities issued at the second closing of the private placement are subject to a four-month “hold period” under applicable securities regulations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

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 TiO2 applications. The Corporation’s unique proprietary process uses relatively inexpensive and plentiful source material from a variety of potential vendors to produce TiO2, along with other valuable byproducts. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

To stay informed on Argex Titanium, join our Investor Group on 8020 Connect at www.8020connect.com/groups/argex-titanium-inc.

Forward-Looking Statements

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” “target” 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, including additional closings of the private placement referred to above, 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, 2017, 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.

Contact:

Mazen Alnaimi

Chairman and Chief Executive Officer | Argex Titanium Inc.

info@argex.ca

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