Argex Titanium Inc. appointed Mr. Amir Dallala as a director of the Corporation. Amir Dallala is a Chartered Professional Accountant (CPA), auditor and Chartered Accountant (C.A.) with a broad working knowledge of international auditing, management, technology transfers, mergers and acquisitions, feasibility studies and internal controls at every stage of small and mid-sized businesses. Since 2000, Mr. Dallala has been a senior partner of the accounting firm DHA Inc., auditing the firm's local and international corporate and individual clients.

The company appointed Mr. Rudy Laurent as Director of Finance of the Corporation, reporting to Mr. Alnaimi. Rudy Laurent has 10 years of experience as Director of Finance and Controller of two public companies with mining production, handling multi-site, multi-currency operations. Previously, he was the director of accounting services for a family business with 25 private companies led by a successful, well-known Quebec businessman.

Mr. Laurent will also serve as Argex's interim Chief Financial Officer, replacing Mr. Ross Corcoran, who is leaving the Corporation.