May 12, 2010 (FinancialWire) – Argentex Mining Corp. (TSX Venture: ATX) (OTCBB: AGXM) has increased the size of its board of directors from five to six seats and appointed Stephen Hanson as a new director of the company.

Hanson is currently a director of Van Arbor Asset Management, a division of ZLC Private Investment Management Inc., which he founded in 2003. He also served as chairman and managing director of Van Arbor Asset Management from 2004 until 2008.

In addition, Hanson has been president of Discovery Management Services Ltd. since 2001. Discovery Management Services is a venture capital consulting firm assisting early-stage companies in the development of short and long-term financing strategies. In 2009, Hanson served as president and CEO of PanAsian Petroleum.

Delaware-based Argentex Mining is a junior mining company in the exploration stage with significant holdings in the Patagonia region of Argentina.

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