Argex Realigns Its Operations For Engineering And Construction Phase

MONTREAL, June 22, 2015 / – Argex Titanium Inc. (TSX: RGX) (“Argex” or the “Corporation”), an emerging producer of high grade titanium dioxide (TiO2) announces that it has completed work at its Valleyfield Technology Center confirming key hydrometallurgical process innovations for the production of pigment grade TiO2.  The Argex hydrometallurgical process is based on the development of a fully integrated process, including chloride leaching of the feedstock, solvent extraction – separation and purification of iron and titanium compounds, hydrochloric acid recovery, iron chloride by-product recovery and the conversion of titanium to market grade TiO2. This work has also been supported by Argex’s research services agreement with PPG Industries (“PPG”) as well as endorsed by the positive technical due diligence announced last February.

Argex has put in place a technical team and a project execution plan to minimize technical risk, maximize commercial viability and provide the link for a proper technology transfer from the process technology to the design of a commercial production facility. A six (6) month Process Intensification Program has been planned by Argex to assure “commercial readiness” of the hydrometallurgical process technology. After three (3) months into the Process Intensification Program, Argex plans to launch Front-End Engineering Design (FEED/FEL3) work and the purchase of long delivery process equipment that will lead to plant design and construction.

In addition to the actions taken at the corporate level, immediate actions under the new budget measures include;

  • The Technology (originally R&D) team will report to the consolidated Engineering & Technology team;
  • The Engineering & Technology Manager and Project Director will continue to report to the Executive VP;
  • The VP of Technology position has been eliminated, with the consequence of Enrico Di Cesare leaving the company to pursue other opportunities.
  • Mr. Tim McKeen from Thibault & Associates Inc. will be based at the Technology Centre as technical advisor and coordinator of the Process Intensification Program, reporting to the Engineering & Technology Manager;
  • Mr. J. Dean Thibault, senior process chemical engineer from Thibault & Associates Inc. will provide technical input to the Process Intensification Program and finalizing process flowsheet design, reporting to the Engineering & Technology Manager;
  • Mr. Kody Belliveau and Mrs. Stephanie Goodine, process chemical engineers from Thibault & Associates Inc. will support Argex’s engineering team. They will assist in bridging the link between the assessment of data from bench scale to pilot scale and commercial plant design;
  • Tecnicas Reunidas (TR) will assign one of their hydro-metallurgical experts to the Technology centre, once the bench scale Process Intensification Program is completed and will start the pilot scale Process Intensification Program. TR will further assist on the leaching and SX circuit, as well as gain knowledge for the purpose of the project.

“These operational changes are necessary as we are getting closer to project build. We would like to thank Enrico for his important contributions in bringing the technology to where it stands today”, commented Roy Bonnell, President and CEO of Argex.

Thibault & Associates Inc. specializes in the development of process technology, assessment of production economics and design of industrial processing facilities within the metallurgical, hydrometallurgical and chemical industrial sectors. Since 1988, Thibault & Associates Inc. has completed multifaceted projects for companies ranging from investment firms and mineral processing operators to major players in the chemicals, specialty metals and electronics industries.

Mr. Dean Thibault, principal of Thibault & Associates Inc. is a senior process chemical engineer. He has over 35 years of experience in the development of industrial process technologies and the design of industrial production facilities for metallurgical, hydrometallurgical and chemical industries. In addition to the development of industrial process chemistry, he has developed several process technologies for international clients, for the production of high purity metals used for electronics, specialty inorganic chemicals, heavy metal concentrates and treatment of water, wastewater and solid waste.

Mr. Tim McKeen is a lead process chemical engineer with Thibault & Associates Inc.  He has over 15 years of experience in process development, assessment of process technologies, economic assessment, conceptual and detailed plant design and plant commissioning services. Mr. McKeen’s experience has allowed him to specialize in the metallurgical industry (for the production of mineral concentrates by crushing, grinding, material and slurry transport, flotation, gravity separation and heavy media separation) and hydrometallurgical industry (for the production of high purity metals and inorganic chemicals by leaching ores/concentrates, solvent extraction, precipitation and electro-winning).

Thibault & Associates Inc. have conducted a detailed technical review of the bench scale and pilot test work completed to date by Argex and have given a favourable review of Argex’s technology’s capacity to scale up.

About Argex Titanium

Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other applications. The Corporation’s unique proprietary process takes relatively inexpensive and plentiful source material from a variety of potential vendors, and produces TiO2 along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods. The Corporation’s primary near term goal is to rapidly advance toward a 50,000 tonne per annum production module as a first step in its goal to transform the 5.7 million tonne per annum TiO2 industry.

Forward-Looking Statements

This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of Argex, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Argex will derive. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Argex’s control. These risks, uncertainties and assumptions include, but are not limited to, the terms of the Offering, the successful completion of the Offering, the Corporation’s anticipated use of proceeds and the expected timing for closing of the Offering as well as those described under “Risk Factors” in Argex’s Annual Information Form for the fiscal year ended December 31, 2014, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. Argex does not intend, nor does Argex undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

For further information:

Corporation:
Serge Depatie,
VP Communications and Investor Relations
Argex Titanium Inc.
514-843-5959 Ext. 233
serge.depatie@argex.ca

U.S. Investor Relations:
Liolios Group Inc.
Chris Tyson Tel 949-574-3860
RGX@liolios.com

Canadian Investor Relations:
The Howard Group
Dave Burwell
1-888-221-0915
dave@howardgroupinc.com

Argex announces former president of DuPont Canada, William White, to be nominated to its Board of Directors

MONTREAL, June 18, 2015 Argex Titanium Inc. (TSX: RGX) (“Argex” or the “Corporation“), is pleased to announce the appointment of William Whiteas Director of the Corporation. His appointment will become effective on June 25th, 2015.

William White retired from DuPont in 2008 where he was a leader in numerous international business units during the course of his career. These included DuPont Titanium Technologies, DuPont Chemical Solutions Enterprise, and DuPont Safety Resources. He was appointed director of Business Improvement at the company’s headquarters inWilmington, Delaware, before being promoted in 2006 to president of DuPont Canada.

Mr. White is now a partner at CBW Associates where he provides strategic advice and executive coaching on business growth, organizational improvement and business turnaround. With a focus on companies in the Clean Technology and Sustainability arena, he holds key roles such as COO of Woodland Biofuels, Director of the Sustainable Chemistry Alliance and chair of the advisory board for the Schulich Center of Excellence for Responsible Business. He is a graduate of Purdue University Engineering and chairs the Mechanical Engineering advisory council.

William White stated “I am very pleased to join the Board of Argex at this pivotal time, the corporation’s technology is a promising part of the future of the TiO2 industry.

“We are excited to welcome Bill to the Argex Board.  Bill’s wealth of experience in large scale chemical companies and in the TiO2 industry is invaluable.  We look forward to his insight and contribution at this important juncture”, commented Roy Bonnell, President and CEO of Argex.

About Argex Titanium

Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other applications. The Corporation’s unique proprietary process takes relatively inexpensive and plentiful source material from a variety of potential vendors, and produces TiO2 along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods. The Corporation’s primary near term goal is to rapidly advance toward a 50,000 tonne per annum production module as a first step in its goal to transform the 5.7 million tonne per annum TiO2 industry.

Forward-Looking Statements

This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of Argex, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Argex will derive. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Argex’s control. These risks, uncertainties and assumptions include, but are not limited to, the terms of the Offering, the successful completion of the Offering, the Corporation’s anticipated use of proceeds and the expected timing for closing of the Offering as well as those described under “Risk Factors” in Argex’s Annual Information Form for the fiscal year ended December 31, 2014, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. Argex does not intend, nor does Argex undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

For further information:

Corporation:
Serge Depatie,
VP Communications and Investor Relations
Argex Titanium Inc.
514-843-5959 Ext. 233
serge.depatie@argex.ca

U.S. Investor Relations:
Liolios Group Inc.
Chris Tyson Tel 949-574-3860
RGX@liolios.com

Canadian Investor Relations:
The Howard Group
Dave Burwell
1-888-221-0915
dave@howardgroupinc.com

CEMATRIX Corporation Announces Appointment of Directors

Calgary, Alberta – June 11, 2015: CEMATRIX Corporation (TSXV: CVX) (the “Corporation”) is pleased to announce that, at the annual and special meeting of shareholders of the Corporation held on June 10, 2015, the following persons have been elected to the board of directors of the Corporation: Jeffrey Kendrick, Robert L. Benson, Stephen Bjornson, Patrick N. Breen, Dan Koyich and Minaz Lalani.

CEMATRIX is an Alberta corporation with its head office in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a manufacturer and supplier of technologically advanced cellular concrete products with applications in a variety of markets, including oil and gas construction and infrastructure construction. Cellular concrete provides a cost and labour saving solution as a replacement for rigid and other insulating materials in frost-susceptible or permafrost conditions. Cellular concrete is also used in void filling situations and as a replacement for granular fills and weak or unstable soils.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Jeff Kendrick – President and Chief Executive Officer
Phone: (403) 219-0484

Jeff Walker/Brad Dryer – The Howard Group – Investor Relations
Phone: (888) 221-0915 or (403) 221-0915
jeff@howardgroupinc.com/brad@howardgroupinc.com

Argex to Withdraw Preliminary Short Form Prospectus and Provides an Update on Plan and Budget

MONTREAL, QUEBEC–(June 10, 2015) – Argex Titanium Inc. (TSX:RGX)

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to US. Persons unless registered under the US. Securities Act and applicable state securities laws or an exemption from such registration is available.

Argex Titanium Inc. (TSX:RGX) (“Argex” or the “Corporation”), Argex announces that as a consequence of recent market activity and conditions, it will not be proceed with the offering of Units under short form prospectus disclosed in its press release dated June 1st, 2015.

As of June 10th, 2015, Argex had a balance of cash and cash equivalents of approximately $1 825 Million. Argex shall implement a new budgetary plan that includes cost cutting measures such as termination of employees, reductions in salaries and suspension of research and development activities allowing available funds to be specifically allocated to value creating activities. Argex is also considering its alternatives with respect to some or all of its mineral claims as an additional cost saving measure.

Argex is actively discussing with several strategic partners to source the financing it needs to continue its objectives. Argex plans to leverage its assets in place, which includes a strong technology that produces high quality product, an industry leading projected cost structure, extensive due diligence packages endorsed by leading investors and lenders and supportive industry partners.

Argex will continue to seek additional financing for the Front End Engineering and Design (the “FEED/FEL3“) for the construction of Argex’s first commercially sized TiO2 plant in Valleyfield, Quebec. The Corporation also intends to pursue other strategic alternatives such as joint ventures and licenses instead of (or in parallel to) building its own facility. A royalty, service and technology transfer model is applicable especially in the case of the multi-plant opportunities and moves the corporation closer to revenues. There can be no assurance that Argex will be successful in its efforts in that respect.

“Argex intends to advance toward a complete solution for strategic investors willing to enter or grow market share in the TiO2 industry. The completion of the FEED/FEL3 remains a valuable tool in this respect. Always having in mind value creation for its shareholders, we believe that the decisions taken today were necessary to achieve our goal”, commented Roy Bonnell, President and CEO of Argex.

About Argex Titanium

Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other applications.  The Corporation’s unique proprietary process takes relatively inexpensive and plentiful source material from a variety of potential vendors, and produces TiO2 along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods. The Corporation’s primary near term goal is to rapidly advance toward a 50,000 tonne per annum production module as a first step in its goal to transform the 5.7 million tonne per annum TiO2 industry.

Forward-Looking Statements

This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of Argex, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Argex will derive. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Argex’s control. These risks, uncertainties and assumptions include, but are not limited to, the terms of the Offering, the successful completion of the Offering, the Corporation’s anticipated use of proceeds and the expected timing for closing of the Offering as well as those described under “Risk Factors” in Argex’s Annual Information Form for the fiscal year ended December 31, 2014, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. Argex does not intend, nor does Argex undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

Corporation:

Sophy Cesar, Manager, Investor Relations
Corporate Communications
Argex Titanium Inc.
514-843-5959 Ext. 128
sophy.cesar@argex.ca

U.S. Investor Relations:
Liolios Group Inc.
Chris Tyson Tel 949-574-3860
RGX@liolios.com

Canadian Investor Relations:
The Howard Group
Dave Burwell
1-888-221-0915
dave@howardgroupinc.com

FLYHT Wins Inaugural Avionics Magazine Safety Innovation Award

This morning, FLYHT announced that it has been awarded the Excellence in Avionics Safety Systems Innovation Award from Avionics Magazine. The Excellence in Avionics Awards recognizes outstanding efforts by individuals, teams, and projects that improve the airline industry. The Awards are composed of 13 categories and are judged by a panel of industry experts. The Safety Innovation Award recognises AFIRS and FLYHT for creating a new and critical safety system that can assist in an emergency situation or locate a lost aircraft in the event of a crash.

Avionics Magazine is a print and digital publication that covers all segments of the worldwide aviation electronics industry, including commercial transport, business and general aviation, military and helicopter (rotorcraft). The publication provides in-depth reports on all matters relating to the global avionics industry. The magazine claims a worldwide readership of 27,000, and is read by many avionics and technology executives throughout the value chain.

For more information about Avionics  Magazine, please click here.

To view the news release, please click here.

To view the FLYHTStream video, please click here.

 

FLYHT Recognized with Safety Systems Innovation Award

Calgary, Alberta – June 9, 2015 FLYHT Aerospace Solutions Ltd. (“FLYHT” or the “Company”) (TSX-V: FLY) (OTCQX: FLYLF) announced today it received the 2015 Excellence in Avionics Safety Systems Innovation Award from Avionics Magazine. The award was presented to FLYHT’s Director of Operations, Graham Ingham at the 2015 Global Connected Aircraft Summit in Chantilly, Virginia.

FLYHT’s Automated Flight Information Reporting System (“AFIRSTM”) and FLYHTStreamTM application were recognized as a critical and new safety system that enable the fastest response time, and most effectively help in an emergency, to guarantee safety, or to locate a lost aircraft in the event of a crash.

“We are honoured to receive this award for our advancement of safety in the industry,” remarked Matt Bradley, President of FLYHT. “The real-time capability of FLYHTStream lets our customers know where their aircraft are at all times, and more importantly, what is happening when something goes wrong. It’s a new level of connectivity and it contributes to the safety of their operation while also providing valuable real-time data that saves them money.”

Avionics Magazine describes the safety award recipient as guaranteeing low risk flight and high ground-link communications, without which, the aviation industry would cease to exist. They assert that connected safety systems not only keep the plane flying, but give customers the confidence to fly, and in a time of increasing connectivity, have made continuous contact and safety over oceans possible.

“FLYHT will continue to push for further adoption of this technology with the hope that it can be used to prevent accidents,” added Mr. Bradley.

FLYHT’s industry leading real-time data streaming, FLYHTStream was first developed in 2009 and commercialized with First Air in 2014. FLYHTStream is an application enabled through AFIRS. It acts as a sentinel on the aircraft, and when an abnormal event occurs, it sends an alert to the airline; it increases the position reporting intervals; and triggers the streaming of vital black box data. Global coverage is enabled by the Iridium satellite network and allows operators connectivity in remote regions.

The entire infrastructure to support data streaming and FLYHT’s technology is in place today. The system has been configured to appropriately utilize bandwidth, and when an event does occur, the cost to stream data is less than $10/minute. Since streaming is not engaged all the time, the only costs incurred are during an event, in which case the data from the aircraft is invaluable.

FLYHT will continue to participate in international working groups created by IATA and ICAO to ensure future requirements for real time alerting and tracking are met.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT’s triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT’s latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Contact Information

FLYHT Aerospace Solutions Ltd.
Nola Heale, CA
Chief Financial Officer
403-291-7425
nheale@flyht.com

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

Bristol Institutional Relations
Glen Akselrod
President
(905) 326–1888
glen@bristolir.com

FLYHT Hires World Class Sales Team, Ascend Aero

Calgary, Alberta – June 5, 2015 FLYHT Aerospace Solutions Ltd. (“FLYHT” or the “Company”) (TSX-V: FLY) (OTCQX: FLYLF) announced today it has appointed a leading aviation technology sales team, Ascend Aero (“Ascend”), to promote and sell its products.

Ascend’s talented sales team is dispersed worldwide for maximum reach into the aviation marketplace. With over eleven representatives on five continents, the successful team has 254 years of combined experience and has closed over $2B in combined sales.

“The relationship with Ascend will be extremely positive for developing new business opportunities,” stated FLYHT president, Matt Bradley. “Ascend’s experienced team will hit the ground running to aggressively market FLYHT solutions to the marketplace and we expect to see rapid results.”

“We are pleased to be working with FLYHT. FLYHT’s products address some of the most active segments in Aerospace. The Ascend team will leverage its market knowledge, global presence, and systematic sales approach to launch a full court sales press that we expect to generate a robust sales pipeline,” said Dave Borkowski, managing partner of Ascend Aero.

Ascend will assist in developing and delivering a diverse strategic marketing plan for FLYHT that includes sales representation, presentation development and delivery, contract negotiation, marketing collateral, competitive surveillance and tradeshow management. The initial contract is for 12 months.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT’s triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT’s latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Contact Information

FLYHT Aerospace Solutions Ltd.
Nola Heale, CA
Chief Financial Officer
403-291-7425
nheale@flyht.com

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

Bristol Institutional Relations
Glen Akselrod
President
(905) 326–1888
glen@bristolir.com

Kin Communications Inc.
Fred Leigh
(866) or (604) 684-6730
FLY@kincommunications.com

Join us on social media!
www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Alex Ruus On BNN – FLYHT Is About Increasing Efficiency for Airlines

Last night, on Canada’s Business News Network (BNN), Arrow Capital Management Portfolio Manager Alex Ruus hit the nail on the head in his discussion about FLYHT (one of his top picks) on the popular Market Call Tonight program. Mr. Ruus began his discussion about FLYHT by commenting that the stock went on a speculative run following the MH370 disaster and that FLYHT’s technology effectively solves the problems encountered with its disappearance. More importantly, he went on to comment that “the stock is not about MH370, it is about increasing efficiency for airlines.” This is a sentiment that has been expressed by management, but hasn’t appeared to catch on with the investing public. He went on to cite maintenance, fuel consumption and reduced insurance premiums as specific areas where FLYHT’s technology benefits airlines.

Mr. Ruus closed his commentary by providing a 12 month target which is about double  where the stock is right now and a three year target of $1.10.

To view Mr.Ruus on BNN, please click here. (He comments on FLYHT at the 3:06 mark)

There have been two other noteworthy occurrences this week, both took place at FLYHT’s annual general meeting on Tuesday. Firstly, FLYHT welcomed Major General (ret.) Mark Rosenker to its board. In addition to his illustrious military career, he served in President George W. Bush’s Administration as Deputy Assistant to the President and Director of the White House Military Office from 2001 until 2003. It was at that time that he was appointed by the President to the National Transportation Safety Board (NTSB), where he served as chair from 2006 until his departure from the board in 2009.

Mr. Rosenker made the trip to Calgary to take part in the AGM. In his comments to the group, he expressed his passion for improving the safety of the airline industry through the use of new technology and spoke very confidently about his belief in FLYHT’s technology and its ability to have an impact on the industry. Mr. Rosenker’s comments made a palpable impact on the meeting attendees.

Mr. Rosenker’s comments can be found near the end of FLYHT’s AGM video, which is coming soon and will be available on FLYHT’s presentations and webcasts page.

For more information about Mr. Rosenker, please click here.

Also during the annual general meeting, FLYHT President and CEO Bill Tempany introduced its new worldwide sales partner, Ascend Aero. Ascend’s Managing Partner, David Borkowski went into great depth explaining Ascend’s proven track record, experience and methodology selling to the worldwide airline industry. With offices on four continents and a solid team of experienced sales executives, Ascend is a welcome addition to the FLYHT sales efforts. A formal announcement of the partnership is expected in the coming days.

To view  the AGM presentation, please click here (Ascend Aero is introduced on the 6th slide).

To learn more about Ascend Aero, please click here.

The markets have clearly embraced this week’s events as more than 2.2  million shares have traded hands today as of this writing.  

FLYHT Announces Issuance of Incentive Stock Options

Calgary, Alberta – June 3, 2015 FLYHT Aerospace Solutions Ltd. (“FLYHT”) (TSX-V: FLY) (OTCQX: FLYLF) is pleased to announce it has granted incentive stock options for an aggregate 2,803,050 common shares, subject to regulatory approval, to employees, officers and directors under the stock option plan approved at the Annual and Special meeting on June 2, 2015.

The stock options are exercisable at a price of $0.25 per share which is approximately 8% above the current trading price on the TSX Venture Exchange. They also feature immediate vesting and expire on December 31, 2018. A maximum of 10% of the issued and outstanding shares are reserved under the Company’s stock option plan. The options, and any common shares issued upon exercise of the stock options are subject to a four-month resale restriction.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT’s triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT’s latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Contact Information

FLYHT Aerospace Solutions Ltd.
Nola Heale, CA
Chief Financial Officer
403-291-7425
nheale@flyht.com

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

Bristol Institutional Relations
Glen Akselrod
President
(905) 326–1888
glen@bristolir.com

Kin Communications Inc.
Fred Leigh
(866) or (604) 684-6730
FLY@kincommunications.com

Join us on social media!
www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
www.flyht.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Major General Mark V. Rosenker, USAF (ret) Elected to the Board of Directors of FLYHT Aerospace Solutions Ltd.

FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY)(OTCQX:FLYLF) (the “Company” or “FLYHT”) is very pleased to announce that Major General Mark V. Rosenker has been elected by its shareholders as a director of the Company effective June 2, 2015.

General Rosenker has many years of experience in the aviation industry including a past tenure as chairman of the National Transportation Safety Board (“NTSB”). He is currently a consultant to CBS News and appears on their network to discuss transportation safety issues.

Bill Tempany, CEO stated, “The addition of Mark to the board further contributes expertise for us to succeed in a business that relies on well-connected people to make important decisions about direction. In my discussions with Mark, he is a strong advocate of triggered data streaming and recognizes FLYHT as positioned well ahead of the competition. We are very excited to welcome Mark to our board and looking forward to his help to accelerate the growth of our Company.”

General Rosenker was the 11th Chairman of the NTSB. He started on the board in March of 2003 and was appointed Vice Chairman by the President to be. He later became acting chairman and then chairman in August of 2006 and led the agency until he left to return to the private sector in August of 2009. He served President George W. Bush as Deputy Assistant to the President and Director of the White House Military Office from 2001 until the President nominated and appointed him to the NTSB. He was unanimously confirmed three times to his board positions by the US Senate.

A retired Major General in the US Air Force Reserve, General Rosenker entered active duty in June 1969 as Second Lieutenant from the University of Maryland ROTC program and completed more than 36 years of service before retiring in December of 2006. During his career, General Rosenker received numerous awards and decorations including two Air Force Distinguished Medals and the Legion of Merit. General Rosenker is a graduate of the Air Command and Staff College and the Air War College.

General Rosenker is a member of several corporate boards, as well a member of the Aerospace Industries Association’s Board of Governors. He is currently President of the Transportation Safety Group LLC, a specialized consulting company.

Mr. Rosenker commented, “I’m honored and energized to have been appointed to the board of directors of FLYHT Aerospace Solutions. I have long believed that innovation, training, technology and information are keys to enhanced safety and accident prevention. What FLYHT brings today to the global industry is a combination of proven products and services that are cutting edge and raise the bar of safety for all that implement them.”

This appointment is made subject to TSX Venture Exchange approval.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT’s triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT’s latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Contact Information

FLYHT Aerospace Solutions Ltd.
Nola Heale, CA
Chief Financial Officer
403-291-7425
nheale@flyht.com

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

Bristol Institutional Relations
Glen Akselrod
President
(905) 326–1888
glen@bristolir.com

Kin Communications Inc.
Fred Leigh
(866) or (604) 684-6730
FLY@kincommunications.com

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www.flyht.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Argex Files Preliminary Short Form Prospectus

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to US. Persons unless registered under the US. Securities Act and applicable state securities laws or an exemption from such registration is available.

Montreal, Quebec – June 1, 2015 – Argex Titanium Inc. (TSX: RGX) (“Argex” or the “Corporation”), an emerging producer of high-grade titanium dioxide (TiO2) is pleased to announce that it has appointed a syndicate of agents co-led by GMP Securities L.P. and Euro Pacific Canada Inc. (together, the “Co-Lead Agents”) and including Cantor Fitzgerald Europe, Cormark Securities Inc. and Desjardins Securities Inc. (together with the Co-Lead Agents, the “Agents”) as its Agents to sell units (the “Units”) of the Corporation at a price of $0.37 (the “Offering”). Each Unit will be comprised of one share of the common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”), each entitling the holder thereof to acquire a Common Share at a price of $0.4625 for a period of 48 months from the closing of the Offering.

The Corporation will grant the Agents an option to purchase such additional number of (i) Units (the “Over-Allotment Units”), each Over-Allotment Unit being comprised of one Common Share and one common share purchase warrant (the “Over-Allotment Warrant”), (ii) Over-Allotment Warrants, or (iii) any combination of Over-Allotment Units and Over-Allotment Warrants not exceeding 15% of the number of Units issued pursuant to the Offering, exercisable up to 30 days from and including the closing date to cover over-allotments, if any, and for market stabilization purposes (the “Over-Allotment Option”).

The Units will be offered by way of a short form final prospectus to be filed in the Provinces of Alberta, British Columbia, Ontario and Québec. A preliminary prospectus in respect of the Offering was filed earlier today. The short form prospectus will also qualify the grant of the Over-Allotment Option and the distribution of the Over-Allotment Units and the Over-Allotment Warrants. The Offering is expected to close on or about June 17, 2015, subject to the approval of the Toronto Stock Exchange and the satisfaction of other customary closing conditions.

The net proceeds of the Offering will be used to initiate Front End Engineering and Design (“FEED/FEL3”), engineering associated with long lead items and for general corporate purposes before commencing the construction of Argex’s first commercially sized TiO2 plant in Valleyfield, Quebec (the “Plant”).

The Corporation expects that both the FEED/FEL3 and the construction phase of the Plant will be led by Tecnicas Reunidas Group, an international general contractor engaging in the engineering, design and construction of various types of industrial facilities for a broad spectrum of customers throughout the world.

“This Offering allows Argex, in coordination with our world class construction contractor and equipment vendors, to advance towards the construction plan of our Plant with all their wealth of experience”, commented Roy Bonnell, President and CEO of Argex.  “Once the FEED/FEL3 is completed, Argex will have strategically addressed cost structure to a point where we open up new financing, licensing, royalty and/or other strategic alternatives.”

A non-controlling shareholder of the Corporation that holds more than 10% of the outstanding common shares of the Corporation has indicated its intention to subscribe for 25% of the Offering. Such non-controlling shareholder is a related party within the meaning of Multilateral Instrument 61-101- Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Consequently, the participation of such non-controlling shareholder in the Offering constitutes a Related Party Transaction within the meaning of MI 61-101 requiring the Corporation, in the absence of exemptions, to obtain a formal valuation for, and minority shareholder approval of, the Related Party Transaction. The Corporation has determined that an exemption is available from the formal valuation requirements under MI 61-101, specifically under Section 5.5(a) which provides that at the time the transaction is agreed to, neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves related parties, exceeds 25% of the Corporation’s market capitalization. The Corporation has determined that an exemption is also available from the minority shareholder approval requirements using the corresponding exemption under Section 5.7(a) of MI 61-101 on the same basis.

About Argex Titanium

Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other applications.  The Corporation’s unique proprietary process takes relatively inexpensive and plentiful source material from a variety of potential vendors, and produces TiO2 along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods. The Corporation’s primary near term goal is to rapidly advance toward a 50,000 tonne per annum production module as a first step in its goal to transform the 5.7 million tonne per annum TiO2 industry.

Forward-Looking Statements

This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of Argex, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Argex will derive. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Argex’s control. These risks, uncertainties and assumptions include, but are not limited to, the terms of the Offering, the successful completion of the Offering, the Corporation’s anticipated use of proceeds and the expected timing for closing of the Offering as well as those described under “Risk Factors” in Argex’s Annual Information Form for the fiscal year ended December 31, 2014, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. Argex does not intend, nor does Argex undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

Corporation:

Sophy Cesar, Manager, Investor Relations
Corporate Communications
Argex Titanium Inc.
514-843-5959 Ext. 128
sophy.cesar@argex.ca

U.S. Investor Relations:
Liolios Group Inc.
Chris Tyson Tel 949-574-3860
RGX@liolios.com

Canadian Investor Relations:
The Howard Group
Dave Burwell
1-888-221-0915
dave@howardgroupinc.com

Argex Files Preliminary Short Form Prospectus

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to US. Persons unless registered under the US. Securities Act and applicable state securities laws or an exemption from such registration is available.

Montreal, Quebec – June 1, 2015 – Argex Titanium Inc. (TSX: RGX) (“Argex” or the “Corporation”), an emerging producer of high-grade titanium dioxide (TiO2) iArEach Unit will be comprised of one share of the common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”), each entitling the holder thereof to acquire a Common Share at a price of $0.4625 for a period of 48 months from the closing of the Offering.

 The Corporation will grant the Agents an option to purchase such additional number of (i) Units (the “Over-Allotment Units”), each Over-Allotment Unit being comprised of one Common Share and one common share purchase warrant (the “Over-Allotment Warrant”), (ii) Over-Allotment Warrants, or (iii) any combination of Over-Allotment Units and Over-Allotment Warrants not exceeding 15% of the number of Units issued pursuant to the Offering, exercisable up to 30 days from and including the closing date to cover over-allotments, if any, and for market stabilization purposes (the “Over-Allotment Option”).

The Units will be offered by way of a short form final prospectus to be filed in the Provinces of Alberta, British Columbia, Ontario and Québec. A preliminary prospectus in respect of the Offering was filed earlier today. The short form prospectus will also qualify the grant of the Over-Allotment Option and the distribution of the Over-Allotment Units and the Over-Allotment Warrants. The Offering is expected to close on or about June 17, 2015, subject to the approval of the Toronto Stock Exchange and the satisfaction of other customary closing conditions.

The net proceeds of the Offering will be used to initiate Front End Engineering and Design (“FEED/FEL3”), engineering associated with long lead items and for general corporate purposes before commencing the construction of Argex’s first commercially sized TiO2 plant in Valleyfield, Quebec (the “Plant”).

The Corporation expects that both the FEED/FEL3 and the construction phase of the Plant will be led by Tecnicas Reunidas Group, an international general contractor engaging in the engineering, design and construction of various types of industrial facilities for a broad spectrum of customers throughout the world.

“This Offering allows Argex, in coordination with our world class construction contractor and equipment vendors, to advance towards the construction plan of our Plant with all their wealth of experience”, commented Roy Bonnell, President and CEO of Argex.  “Once the FEED/FEL3 is completed, Argex will have strategically addressed cost structure to a point where we open up new financing, licensing, royalty and/or other strategic alternatives.”

A non-controlling shareholder of the Corporation that holds more than 10% of the outstanding common shares of the Corporation has indicated its intention to subscribe for 25% of the Offering. Such non-controlling shareholder is a related party within the meaning of Multilateral Instrument 61-101- Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Consequently, the participation of such non-controlling shareholder in the Offering constitutes a Related Party Transaction within the meaning of MI 61-101 requiring the Corporation, in the absence of exemptions, to obtain a formal valuation for, and minority shareholder approval of, the Related Party Transaction. The Corporation has determined that an exemption is available from the formal valuation requirements under MI 61-101, specifically under Section 5.5(a) which provides that at the time the transaction is agreed to, neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves related parties, exceeds 25% of the Corporation’s market capitalization. The Corporation has determined that an exemption is also available from the minority shareholder approval requirements using the corresponding exemption under Section 5.7(a) of MI 61-101 on the same basis.

About Argex Titanium

Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other applications.  The Corporation’s unique proprietary process takes relatively inexpensive and plentiful source material from a variety of potential vendors, and produces TiO2 along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods. The Corporation’s primary near term goal is to rapidly advance toward a 50,000 tonne per annum production module as a first step in its goal to transform the 5.7 million tonne per annum TiO2 industry.

Forward-Looking Statements

This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of Argex, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Argex will derive. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Argex’s control. These risks, uncertainties and assumptions include, but are not limited to, the terms of the Offering, the successful completion of the Offering, the Corporation’s anticipated use of proceeds and the expected timing for closing of the Offering as well as those described under “Risk Factors” in Argex’s Annual Information Form for the fiscal year ended December 31, 2014, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. Argex does not intend, nor does Argex undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

Corporation:

Sophy Cesar, Manager, Investor Relations
Corporate Communications
Argex Titanium Inc.
514-843-5959 Ext. 128
sophy.cesar@argex.ca

U.S. Investor Relations:                                             Canadian Investor Relations

Liolios Group Inc.                                                                  The Howard Group
Chris Tyson                                                                             Dave Burwell
Tel 949-574-3860                                                                  Tel 888-221-0915      dave@howardgroupinc.com
RGX@liolios.com