Argex Silver Capital Inc.

July 09, 2008 09:57 ET

Argex Silver Capital Inc. Completes Initial Public Offering

MONTREAL, QUEBEC--(Marketwire - July 9, 2008) - Argex Silver Capital Inc. ("Argex" or the "Corporation") is pleased to announce the successful closing yesterday of its initial public offering (the "Offering") of 3,349,000 common shares for gross proceeds of $334,900. Jones, Gable & Company Limited acted as lead agent in connection with the Offering.

Argex will have raised a total of $834,900 through the Offering as well as through seed financings prior to the Offering.

Argex is a capital pool company and intends to use the net proceeds of the Offering to identify and evaluate assets or businesses for acquisition. The common shares of Argex are expected to commence trading on the TSX Venture Exchange on or about July 14, 2008 under the stock symbol "RGX.P".

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Argex Silver Capital Inc.
    Mark Billings