ARGEX TITANIUM INC

CUSIP: 04014T102 Class: Common Stock

Janney Montgomery Scott LLC's Holding History (CIK: 0001329948)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015
Shares 24,500 Value ($000) $11 Avg Close — Range —
Q4 2014
Shares 24,500 Value ($000) $9,543 Avg Close — Range —
Q3 2014
Shares 24,500 Value ($000) $14,938 Avg Close — Range —
Q2 2014
Shares 24,500 Value ($000) $17,763 Avg Close — Range —
Q1 2014
Shares 24,500 Value ($000) $19,796 Avg Close — Range —
Q4 2013
Shares 24,500 Value ($000) $17,829 Avg Close — Range —
Q3 2013
Shares 24,500 Value ($000) $24,395 Avg Close — Range —
Q2 2013
Shares 24,500 Value ($000) $24,613 Avg Close — Range —