NEAR TERM PRODUCER - TiO2

Titanium dioxide – prices are expected to double by 2015

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Message: LOI

ARGEX SIGNS LOI FOR DISTRIBUTION OF UP TO 25,000 TONNES OF TiO2 PER YEAR
ARGEX SIGNE UNE LETTRE D'INTENTION POUR LA DISTRIBUTION DE SON PRODUIT DE TiO2 ALLANT JUSQU'À 25 000 TONNES PAR ANNÉE

Montreal, Quebec – October 22, 2013 – Argex Titanium Inc. (TSX: RGX) announced today that it has signed a letter of intent ("LOI") with one of the world's largest chemical distribution companies to distribute up to 25,000 tonnes per year of Argex TiO2 to be produced at Argex's proposed production facility in Salaberry-de-Valleyfield, Quebec.

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