Argex Titanium Inc. ARGEF

RE:RE:RE:RE:RE:Reports of the Trustee

[Napoleon001]

The trading history suggests that this had been occurring for at least months. In all that time did management contact IIROC to investigate? And it doesn't appear that when they halted the stock it was due to the highly suspicious trading that investors have recently reported to the regulatory authorities but rather to file the restructuring proposal with PWC the result of which appears to be that the CEO will attempt to take the company private and all investors including those who specifically invested the last three years since Mazen Al-Naimi assumed the CEO role will lose their entire investment. If that was his plan then shame on him and all those who went along with the plot to take the company private once they no longer had use for those who have supported them all of these years.  The extension until the end of August could actually turn into six months during which time an investigation into the apparent trading on insider information and other complaints that have been reported to the authorities could be completed.