EDMONTON, ALBERTA -- June 1, 2012 -- Titanium Corporation Inc. (the "Company") (TSX-V: TIC) today announced the resignation of Mr. C. Bruce Burton as a Director of the Company effective May 31, 2012. Mr. Burton has been a Director for Titanium Corporation Inc. for four and one half years. Mr. Gordon Pridham, Chairman of the Board of the Directors on behalf of the Company thanks Mr. Burton for his service and contribution to the Company.
The number of Directors on the Board will be reduced to seven.
About Titanium Corporation Inc.
Titanium Corporation Inc. is developing technology to recover heavy minerals, bitumen, solvent and water contained in the waste tailings streams from oil sands mining operations near Fort McMurray, Alberta. The potential benefits from this "Creating Value from Waste TM" proposition are twofold. First, the recovered products will have intrinsic value and will provide shareholders with a source of revenue. Second, by using an integrated approach to recovering lost products there is potential for industry-wide environmental benefits reducing emissions and the footprint of tailings ponds. 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 Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, contact:
|Scott Nelson||Andreas Curkovic|
|President & CEO||Investor Relations|
|Tel: (403) 561-0439||Tel: (416) 577-9927|
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