Off-market insider net buying at Argex Titanium (RGX)

Off-market insider net buying at Argex Titanium (C:RGX)

Munther Khalifa A Allahiq, a 10% Holder, acquired 24,371,875 Common Shares on a direct ownership basis at a price of $0.032 through a prospectus or prospectus exempt offering on September 13th, 2018. The insider also acquired 24,371,875 Warrants with an exercise price of $0.041 for 5 long years. This represents a $779,900 net investment into the company's shares and an account share holdings change of greater than 100%.

Argex Titanium is in the Commodity Chemicals Sub Industry Group under the Basic Materials Sector.

Argex Titanium Inc is a Canada-based producer of titanium dioxide (TiO2). The Company has developed a chemical process for the production of TiO2 to be used in paint, plastics, coatings, cosmetics, food, pharmaceutical and other TiO2 applications, and the production of iron by-products. The Company has mining interests in the properties, including La Blache property, which is located approximately 120 kilometers to the northwest of the city of Baie-Comeau, Quebec; Lac Brule property, which is located approximately 95 kilometers northwest of Forestville, Quebec, and Mouchalagane property, which is located approximately 300 kilometers north of BaieComeau, Quebec. The Company's subsidiaries include Impact Iron Mines Inc. and Argex Canada Inc. It has interests in Canadian Titanium Limited, which commercializes technology developed for the production of high-purity TiO2 suitable for pigment production.