VANCOUVER, BRITISH CLOUMBIA - March 26, 2014 - Titanium Corporation Inc. (the "Company" or "Titanium") (TSX-V: TIC) Today, Titanium Corporation was featured at Globe 2014, North America's largest and longest running sustainable business conference. Jim Balsillie, former CEO of Research in Motion and Chair of Sustainable Development Technologies Canada (SDTC), highlighted Titanium Corporation's value proposition for the Canadian oil and gas industry during his keynote remarks at the opening plenary of Globe.
"Titanium Corporation has developed technologies that can turn what is one of the oil sands greatest liabilities, tailings, into valuable commodities," said Balsillie. "The environmental impact could be immense if this technology is successfully commercialized: greenhouse gas emissions from mined bitumen could be reduced up to 20 percent; emissions from tailings could be reduced by 80 percent; river water use could be reduced by 25 percent if this technology was adopted by the domestic sector. The best part for the oil industry: this technology has the potential to recover 28,000 barrels of bitumen a day."
Titanium Corporation was also represented at Globe's Exposition by President and CEO, Scott Nelson. 1800 delegates, including 650 President/CEO level, from 58 different countries, participate in the annual conference.
"Titanium's value proposition for the oil sands industry in Canada was clear and present at the Globe Conference. We are poised to capitalize on this momentum and our technological advantage to deliver the triple bottom line of economic, environmental and social sustainability," concluded Nelson.
About Titanium Corporation Inc.
Titanium Corporation Inc. has developed innovative technologies to recover bitumen, solvent, valuable heavy minerals and water from oil sands waste tailings. The benefits are twofold: the recovered bitumen, solvent and minerals will have economic value; and green benefits that will significantly reduce environmental impacts of the oil sands industry. 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.
Disclosure regarding forward-looking statements
Certain statements contained herein regarding the Company and its plans constitute "forward-looking statements" within the meaning of Canadian securities laws. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is a significant risk that predictions, forecasts, conclusions, projections, and other forward-looking statements will not prove to be accurate. We direct you to our statement of risks and uncertainties more particularly described and updated in the Company's management discussion and analysis filed for the period ended November 30, 2013 and annual information form for the year ended August 31, 2013 each filed on SEDAR (www.sedar.com). Most notably these risks include, but are not limited to risks associated with the commercialization of the CVW" project on the timetable anticipated or at all; access to capital on acceptable terms to fund our commercialization plan, operational or technical difficulties in connection with building and operating the CVW" project and research activities; uncertainty related to the cost to build and operate CVW" facilities; reliance on a small number of people, access to and cost of oil sands tailings necessary to carry out the CVW" project, competition and intellectual property protection and changes to environmental laws and regulation.
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.
For further information, contact:
|Scott Nelson||Andreas Curkovic|
|President & CEO||Investor Relations|
|Tel: (403) 561-0439||Tel: (416) 577-9927|
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