Mr. Roy Bonnell reports

ARGEX TITANIUM ANNOUNCES THAT ALL ITS OUTSTANDING WARRANTS HAVE EXPIRED OR BEEN EXERCISED

All of Argex Titanium Inc.'s remaining outstanding warrants to purchase its common stock have either expired or been exercised, as of today. The company no longer has warrants in its capital structure.

"Thanks to the support of our investors and our unique value proposition," stated Roy Bonnell, president and chief executive officer of Argex, "Argex has issued no warrants in any financing in the last four years."

We seek Safe Harbor.