Argex Mining Inc. To Hold Corporate Update Conference Call

Argex CEO Update Moderated by Mark Weaver

MONTREAL, May 30, 2011 /CNW Telbec/ - Argex Mining Inc. (Argex) (TSX V: RGX) (FSE: ASV) (OTCBB: ARGEF) would like to inform its shareholders that Mark Weaver, of MoneyinMetals.com, an independent analyst working in association with Jay Taylor of Taylor Hard Money Advisors, will moderate the Argex CEO Update, Wednesday, June 1, 2011, beginning at 11:30 a.m. EDT.

Michael Dehn, President and CEO of Argex will update the Company's shareholders on its progress to date including Argex's corporate activities and will answer questions from selected analysts and the general public following his presentation. Also present will be Gary Cianfichi, a co-founding partner in Ti Insight LLC, a consulting company primarily focused on the Titanium and chemical industries.


The dial-in coordinates are as follows:

Participant Code 933226#

Country Conference Number
Austria +43 (0) 1 265 05 40
Canada +1 559 546 1800
Czech Republic +420 225 989 140
France +33 (0) 1 8014 0620
Germany +49 (0) 234 543 9810
Nigeria +234 1 667 0010
Portugal +351 21005 1191
Romania +40 317 807 020
South Africa +27 87 825 0190
Spain +34 91 119 6770
Switzerland +41 (0) 44 595 9030
United Kingdom +44 (0) 784 843 2901
United States +1 559 546 1700


About Mark Weaver, MBC, M.A., CIM:

Mark Weaver specializes in financial licensing instruction. He is a corporate training instructor contracted by the Canadian Securities Institute; clients included Scotiabank, TD, BMO Nesbitt Burns, Caldwell Securities, Burgundy Asset Management, Mavrix Mutual Funds, and Dynamic Mutual Funds. He was also involved with the Canadian Securities Institute's Global Education Program as an instructor for Guangfa Securities and Shenyin Wanguo Securities (China).

Mark has taught corporate finance, international business, and wealth management at the college level since 1999. He is a partner with Jay Taylor of Taylor Hard Money Advisors Inc. He co-edited the textbook “Financial Planning Awareness“ with Henry Katz, CFP, RFP, and maintains a private, investment planning practice specializing in business structuring, leveraged investing, and international travel safety. He is a member of the Association of Certified Anti-Money Laundering Specialists, and currently serves as a technical reviewer for the International Conference for Internet Technology and Secured Transactions.

For three years, he served as Controller for a national Canadian charity responsible for all aspects of financial management including treasury and operational responsibilities for a multi-million dollar budget and investment portfolio, strategic financial planning, funding development, and asset protection. Prior to this, he served as an Administrator for a private residential school. Together with a finance committee, he supervised all aspects of budgeting, cash flow, and investment control in addition to audit, endowment, and program development responsibilities.

Mark Weaver, of MoneyinMetals.com, is an independent analyst working in association with Jay Taylor of Taylor Hard Money Advisors. mark@MoneyinMetals.com


About Gary L. Cianfichi:

A Titanium Dioxide industry Marketing and Sales Consultant who worked 27 years at Cristal Global's Millennium Chemicals business, the world's second largest producer of titanium dioxide products. Cianfichi is currently a co-founding partner in Ti Insight LLC, a consulting company primarily focused on the Titanium and chemical industries. At Cristal Global and Millennium, Cianfichi held a number of executive management positions including. Vice President of Global Marketing and Sales, Vice President of Global Sales, Vice President of Supply Chain and IT, Vice President of the Global Paint and Coatings SBU and Vice President Corporate Communications and Government Affairs. He has lived and worked in various geographies while at Millennium and has business experience with the titanium minerals market, the paint/coatings, plastics, paper, catalyst markets and titanium intermediate products for titanium metal applications. He was the chairman of the Cefic Titanium Dioxide trade association in Europe for six years, is a past member of the U.S. National Paint and Coatings Association Board of Directors and as served as Chairman for a couple of global TiO2 industry conferences.


About Argex

ARGEX MINING INC. is transitioning from a titanium, iron and vanadium explorer to a development company with projects in Quebec, Canada. The Company is committed to its strategic plan of rapidly advancing towards profitable production at its 100% owned La Blache deposits located near Baie-Comeau, Quebec. For additional information please visit our website at www.argex.ca.



Forward-Looking Statements

This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with Canadian securities regulatory authorities.

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.


For further information:

Michael Dehn, President and CEO
Argex Mining Inc.
647-477-2382
michael@avantimac.com

Or

Paradox Public relations at 514-341-0408 or 1-866-460-0408