Calgary, Alberta - June 13, 2014 - Titanium Corporation Inc. ("Titanium" or the "Company") announces that Mr. Malcolm Macpherson has resigned from the Board of Directors of Titanium effective June 30, 2014. Mr. Macpherson has been a director of Titanium since November 2005. Gordon Pridham, Titanium's Chairman, stated that, "Mr. Macpherson has provided valuable advice to our Company's minerals development programs, over his eight years of service on our Board. We thank him for his contributions and wish him well in retirement." The Company recently completed its final minerals testing programs and is focused on developing the first commercial heavy minerals project in Alberta's Athabasca oil sands region.
About Titanium Corporation Inc.
Titanium Corporation Inc. is commercializing proprietary technology to recover heavy minerals and residual bitumen and solvents contained in the waste tailings streams from oil sands mining operations near Fort McMurray, Alberta. This technology has the potential to deliver incremental revenue to existing oil sands producers by enhancing bitumen recovery while developing the first ever commercial production of valuable minerals from Canada's oil sands and reducing environmental impacts of oil sands tailing. The combined benefits of the Company's technology would enhance the value and reputation of oil sands resources. The Company's shares trade on the TSX-V under the symbol "TIC". For more information visit the Company's website at www.titaniumcorporation.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
|Scott Nelson||Andreas Curkovic|
|President & CEO||Investor Relations|
|Tel: (403) 561-0439||Tel: (416) 577-9927|
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