CALGARY, ALBERTA - February 12, 2015 - Titanium Corporation Inc. (the "Company" or "Titanium") (TSX-V: TIC)is pleased to announce that an updated version of the Company's investor presentation is now available on its website at www.titaniumcorporation.com. This investor presentation, dated February 12, 2015, was presented by Titanium's management following the formal portion of the Company's annual and special meeting (the "Meeting") of shareholders held today.
Titanium is also pleased to announce that shareholders voted in favour of all items of business brought before them at the Meeting. At the Meeting, the following six nominees set forth in the management information circular of the Company dated January 8, 2015 were re-appointed as directors of the Company: Scott Nelson, Gordon Pridham, Moss Kadey, David Macdonald, Brant Sangster and Eric Slavens. In addition, PricewaterhouseCoopers LLP, Chartered Accountants, were appointed as auditors of the Company. Shareholders also approved and ratified the Company's stock option plan, deferred share unit plan and restricted share unit plan and amendments to the deferred share unit plan and restricted share unit plan.
About Titanium Corporation Inc.
Titanium Corporation's "Creating Value from Waste™ CVW™" technology has been developed and demonstrated to efficiently intercept oil sands tailings before they are deposited in tailings ponds, significantly reducing environmental impacts while recovering valuable commodities, minerals, bitumen and solvents. A new minerals industry will diversify Alberta's economy and expand Canada's international trade.
The Company's "before pond" approach to tailings is both economically and environmentally sustainable. Recovered commodities provide attractive economic returns while delivering environmental improvements including: reducing emissions from ponds and tailings; recycling hot water; reducing pond volumes, hazardous materials and accelerating remediation. Reducing bitumen and solvents entering the environment will improve the health and welfare of people and reduce the impact on wildlife and the ecology. The implementation of these new sustainable technologies will bolster Alberta and Canada's reputation as a responsible developer of natural resources, enhancing opportunities both domestically and internationally to market oil sands products.
Titanium has invested over $70 million and Governments have contributed an additional $12 million to the development of this innovative technology which is now ready for implementation for the benefit of Canadians, our customers and shareholders.
The Company's shares trade on the TSX-V under the symbol "TIC". For more information please 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.
For further information, contact:
President & CEO
Tel: (403) 561-0439
Tel: (416) 577-9927