Ms. Nicole Blanchard reports

ARGEX TITANIUM APPOINTS SHAUN PARMAR AS CHIEF FINANCIAL OFFICER

Argex Titanium Inc. has appointed Shaun Parmar as chief financial officer.

Mr. Parmar is a seasoned executive with extensive international experience in strategy, business and corporate development, mergers and acquisitions, corporate finance advisory, and related finance/accounting functions.

A management consultant since 2010, Mr. Parmar has held the CFO role at private and public companies in the high-tech, clean-tech and media sectors. Prior to this, he was the group director of mergers and acquisitions and business development of Bharti Enterprises Ltd., one of India's largest business conglomerate. Before this, Mr. Parmar held a number of increasingly senior management positions with leading Canadian companies such as Canada Steamship Lines Inc., Canadian Pacific Railway, BCE Inc., Bell Canada International Inc., Telesystem International Wireless Inc. and Gildan Inc., where he was vice-president of business development and corporate treasurer.

Mr. Parmar holds a bachelor of science degree from the University of Toronto, a master of business administration degree from York University and is a chartered professional accountant.

He joins Argex Titanium at a very exciting time and in a turnaround situation to fulfill the role of CFO.