UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported)  February 7, 2011
 
ARGENTEX MINING CORPORATION
(Exact name of registrant as specified in its charter)
 
Delaware
(State or other jurisdiction of incorporation)
 
000-49995
(Commission File Number)
 
71-0867623
(IRS Employer Identification No.)
 
Suite 835 - 1100 Melville Street, Vancouver, BC  V6E 4A6
(Address of principal executive offices and Zip Code)
 
604.568.2496
Registrant's telephone number, including area code
 
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 Item 3.02
Unregistered Sales of Equity Securities
 
On February 7, 2011, one of our directors exercised 200,000 options to purchase common shares at an exercise price of $0.58 and another one of our directors exercised 180,000 options to purchase common shares at an exercise price of $0.49 and, accordingly, we issued 380,000 common shares to our directors for gross proceeds of $204,200.  Our directors are not U.S. persons (as that term is defined in Regulation S promulgated under the Securities Act of 1933), these transactions took place outside of the United States and, in issuing these shares, we relied on Regulation S and/or Section 4(2) of the Securities Act of 1933.
 
In addition, on February 7, 2011 we issued 171,400 common shares at an exercise price of CDN$0.90 to two arm’s length investors upon the exercise of an aggregate of 171,400 warrants for total proceeds of CDN$154,260.  Neither of these investors is a U.S. person (as that term is defined in Regulation S promulgated under the Securities Act of 1933), these transactions took place outside of the United States and, in issuing these shares, we relied on Regulation S and/or Section 4(2) of the Securities Act of 1933.

 
 

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
ARGENTEX MINING CORPORATION
 

 
/s/ Kenneth Hicks                                                        
By:  Kenneth Hicks, President
Date: February 8, 2011

 
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