Toronto, Ontario...February 7, 2005...Titanium Corporation Inc. (the "Corporation") [TSXV:TIC] regretfully announces the sudden passing of Director and Chairman of the Audit Committee, Mr. John Ryall on February 3, 2005. Mr. Ryall held a distinguished career for 26 years as senior partner at Grant Thornton LLP and although John was a recent addition to Titanium Corporation's board of directors, his contribution to the Corporation will be sincerely missed.
About Titanium Corporation
Titanium Corporation Inc. is a Toronto-based mineral exploration and development company whose shares are listed on the TSX Venture Exchange under the symbol "TIC", U.S. clearing symbol "TITUF", CUSIP Number: 88833T104. The Corporation's mission is to become the first titanium and zircon sand producer from Canada's oil sands. The Company also controls a well advanced 102 square kilometer mineral sand deposit located on the Shubenacadie River, Nova Scotia, Canada. For more information, please visit www.titaniumcorporation.com .
Note: This press release contains projections and forward-looking statements regarding future events. Such forward-looking statements are not guarantees of future performance of the Corporation and are subject to risks and uncertainties that could cause actual results and the Corporation's plans and objectives to differ materially from those expressed in the forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.
For further information:
George Elliott, Chairman & CEO
Titanium Corporation Inc.
(416) 955-0715 X 222
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