Calgary, Alberta -- February 12, 2018 -- Titanium Corporation Inc. ("Titanium" or the "Company") (TSXV: TIC)today announced that it has retained LodeRock Advisors Inc. ("LodeRock") for strategic investor relations and capital markets communications services.
"On the heels of recent announcements and commercialization progress, hiring LodeRock is the logical next step to raise awareness in the financial community and enhance the visibility of our company," said Scott Nelson, President and CEO of Titanium. "We chose LodeRock because of their reputation for helping companies to define clear messaging, manage expectations, and increase awareness within the financial community."
Under the terms of the agreement, Titanium will pay LodeRock a monthly fee of CAD $10,000 for ongoing strategic communication services. The agreement may be terminated by either party with 45 days' written notice. Neither LodeRock, nor any of its executives have an ownership interest, directly or indirectly, in Titanium or its securities, and Titanium has not granted LodeRock or its executives any right to acquire any such interests.
LodeRock is a group of senior capital markets communications executives who develop and execute communications programs in order to help companies achieve their capital markets objectives and capture the full potential of their public listing. The engagement of LodeRock remains subject to the approval of the TSX Venture Exchange.
About Titanium Corporation Inc.
Titanium Corporation's CVW(tm) technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. The Company is working with Canadian Natural Resources Limited on front end engineering design for deployment of CVW(tm) at Canadian Natural's Horizon oil sands site. The Company's technology reduces the environmental impact of oil sands tailings while economically recovering valuable products that would otherwise be lost. CVW(tm) recovers bitumen, solvents and minerals from tailings, preventing these commodities from entering tailings ponds and the atmosphere; volatile organic compound and greenhouse gas emissions are materially reduced; hot tailings water is improved in quality for recycling; and residual tailings can be remediated more readily. A new minerals industry will be created commencing with the production and export of zircon, an essential ingredient in ceramics. The Company's shares trade on the TSX Venture Exchange under the symbol "TIC". For more information, please visit the Company's website at www.titaniumcorporation.com.
Disclosure regarding forward-looking statements
This press release contains forward-looking statements. More particularly, this press release contains statements concerning the acceptance of the engagement of LodeRock by the TSX Venture Exchange and the anticipated monthly fees payable to LodeRock. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
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
Vice President, Finance & CFO
Tel: (403) 874-9498