Mazen Haddad, a Senior Officer and Director, acquired 3,959,940 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on January 23rd, 2018. The insider also acquired 2,962,340 Warrants with an exercise price of $0.060 for 24 months. This represents a $197,997 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.
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