Argex Titanium Closes $5M Financing With Ressources Québec
Montréal-based Argex Titanium Inc. (TSXV: RGX), a near-term producer of titanium dioxide (TiO2) used in paints and other applications, has competed a $5 million financing transaction with Ressources Québec, a subsidiary of Investissement Québec. A second $5 million deal involving an unidentified U.S. investment fund manager is expected to close in September. Ressources Québec was established in 2012 to invest in mining development and hydrocarbon sectors.





