Argentex Mining Corporation
TSX VENTURE : ATX
OTC Bulletin Board : AGXMF

Argentex Mining Corporation

July 12, 2011 17:00 ET

Argentex Mining Issues Common Shares on Exercise of Warrants and Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2011) - Argentex Mining Corporation ("Argentex" or the "Company") (TSX VENTURE:ATX)(OTCBB:AGXMF) announces that on July 11, 2011 one of its investors exercised share purchase warrants pursuant to which it purchased 363,636 of the Company's common shares at an exercise price of $0.65 per share for $236,363 and on July 12, 2011 one of its investors exercised share purchase warrants pursuant to which it purchased 363,636 of the Company's common shares at an exercise price of $0.65 per share for $236,363.

In addition, on July 5, 2011, the Company's President exercised 50,000 stock options pursuant to which he purchased 50,000 common shares of the Company's common shares at an exercise price of $0.37 per share for $18,500 and on July 6, 2011, one its officers exercised 12,500 stock options pursuant to which he purchased 12,500 of the Company's common shares at an exercise price of $0.80 per share for $10,000.

About Argentex:

Argentex Mining Corporation is an exploration company focused on the discovery of silver, gold and polymetallic deposits on its advanced late-stage exploration projects in the Patagonia region of southern Argentina. In total, Argentex owns 100% of the mineral rights to more than 35 projects located within approximately 307,981 acres (124,636 hectares) of highly prospective land located in the Santa Cruz and Rio Negro provinces.

Shares of Argentex common stock trade under the symbol ATX on the TSX Venture Exchange and under the symbol AGXMF on the OTCBB.

On behalf of Argentex Mining Corporation:

"Ken E. Hicks"
President

This press release is provided pursuant to the requirements of TSX V Policy 3.3. 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.

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