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Titanium Corporation Inc. (TIC.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.6000+0.0400 (+7.14%)
At close: 3:56PM EDT
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Previous Close0.5600
Open0.5900
Bid0.6000 x 0
Ask0.6200 x 0
Day's Range0.5900 - 0.6300
52 Week Range0.2400 - 0.6300
Volume66,048
Avg. Volume159,176
Market Cap53.088M
Beta (5Y Monthly)1.02
PE Ratio (TTM)N/A
EPS (TTM)-0.0380
Earnings DateAug. 27, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJul. 26, 2001
1y Target Est3.00
  • Titanium Corporation Announces Signing of $10 Million Project Funding Agreement With Sustainable Development Technology Canada for Engineering of the CVW™ Horizon Project and Receipt of $733,738 Advance Payment
    GlobeNewswire

    Titanium Corporation Announces Signing of $10 Million Project Funding Agreement With Sustainable Development Technology Canada for Engineering of the CVW™ Horizon Project and Receipt of $733,738 Advance Payment

    CALGARY, Alberta, April 08, 2021 (GLOBE NEWSWIRE) -- Titanium Corporation Inc. (the "Company" or "Titanium") (TSX-V: TIC) is pleased to announce the signing of a $10 million Project Funding Agreement (“PFA”) with Sustainable Development Technology Canada (“SDTC”) for engineering of the CVW™ Horizon Project. The SDTC funding contribution was previously announced on December 21, 2020 and was subject to the successful negotiation of the PFA. The effective date for the SDTC funding contribution is December 1, 2020. Advances of the funding contribution for eligible costs are paid in advance of each milestone. With the completion of each milestone, the Company is required to complete the required reports as the project advances. SDTC will retain a 10% holdback from each advance until the project is completed. Titanium has received the first milestone advance payment of $733,738 ($815,264 less 10% holdback). Titanium has also been awarded funding for the CVW™ Horizon project by Emissions Reduction Alberta, NRCan’s Clean Growth Program and Environment and Climate Change Canada’s Low Carbon Economy fund. About Titanium Corporation Titanium's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. Our technology reduces the environmental impact of oil sands froth treatment tailings while economically recovering valuable products that would otherwise be lost. CVW™ recovers bitumen, solvents, heavy minerals and water 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 thickened more readily. A new minerals industry will be created commencing with the production and export of zircon and other titanium-based minerals. 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. About SDTC Sustainable Development Technology Canada (SDTC) helps Canadian companies develop and deploy competitive, clean technology solutions, to help solve some of the world’s most pressing environmental challenges: climate change, clean air, clean water and clean soil. By taking a cross-Canada approach, from seed to scale, and in partnership with the best peers and experts, SDTC is the global benchmark for sustainable development innovation programming. As an independent federal foundation and flagship program, SDTC’s funding of Canadian entrepreneurs has created jobs, growth and long-term prosperity for Canada. Since inception, SDTC has invested over $1.15 billion in 400 companies, creating 13,000 jobs. SDTC companies have reduced greenhouse gas emissions by an estimated 18.1 megatonnes annually, equivalent to the energy it takes to heat 600 million homes. 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. CONTACT: For further information, please contact: Scott Nelson President & CEO (403) 561-0439 snelson@titaniumcorporation.com Jennifer Kaufield Vice President Finance & CFO (403) 874-9498 jkaufield@titaniumcorporation.com

  • Titanium Announces Receipt of Payment From Natural Resources Canada’s Clean Growth Program for the First Engineering Phase Milestone of the CVW™ Horizon Project
    GlobeNewswire

    Titanium Announces Receipt of Payment From Natural Resources Canada’s Clean Growth Program for the First Engineering Phase Milestone of the CVW™ Horizon Project

    CALGARY, Alberta, March 31, 2021 (GLOBE NEWSWIRE) -- Titanium Corporation Inc. ("Titanium" or the "Company") (TSXV: TIC) today announced the completion and payment of the first milestone of $353,000 ($392,000 less a 10% holdback) from Natural Resources Canada’s (“NRCan”) Clean Growth Program, for the engineering phase of the CVW™ Horizon Project. The NRCan payment is the first under the $1.96 million NRCan Non-Repayable Contribution Agreement previously announced on January 19, 2021 and is with respect to the period April 1, 2020 to December 31, 2020. The 2020 engineering phase was conducted jointly by Titanium and Canadian Natural Resources Limited under the 2020 Project Coordination Agreement previously announced on December 22, 2020. The Clean Growth Program is a Government of Canada collaborative approach to advance clean technologies toward commercial readiness so that natural resources operations can better reduce their impacts on air, land, and water, while enhancing competitiveness and creating jobs. Titanium has also been awarded funding for the CVW™ Horizon Project by Sustainable Development Technology Canada, Emissions Reduction Alberta and Environment and Climate Change Canada’s Low Carbon Economy Fund. About Titanium Corporation Inc.Titanium's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. Our technology reduces the environmental impact of oil sands tailings while economically recovering valuable products that would otherwise be lost. CVW™ 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) and other titanium based minerals. 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. About Natural Resources Canada’s Clean Growth ProgramNatural Resources Canada’s Clean Growth Program is a $155-million investment fund for clean technology research, development and demonstration in Canada’s energy, mining and forest sectors. The program helps advance emerging clean technologies toward commercial readiness so that natural resource operations can further reduce their environmental impacts such as GHG emissions while enhancing competitiveness and creating jobs. 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. CONTACT: For further information, please contact: Scott Nelson President & CEO Tel: (403) 561-0439 Email: snelson@titaniumcorporation.com Jennifer Kaufield Vice President Finance & CFO Tel: 403-874-9498 Email: jkaufield@titaniumcorporation.com

  • Titanium Announces Payment From Emission Reduction Alberta for the First Engineering Phase Milestone of the CVW™ Horizon Project
    GlobeNewswire

    Titanium Announces Payment From Emission Reduction Alberta for the First Engineering Phase Milestone of the CVW™ Horizon Project

    CALGARY, Alberta, March 11, 2021 (GLOBE NEWSWIRE) -- Titanium Corporation Inc. ("Titanium" or the "Company") (TSXV: TIC) today announced the completion and payment of the first milestone of $800,000 less a 20% holdback, from Emissions Reduction Alberta (“ERA”) for the engineering phase of the CVW™ Horizon Project. The ERA payment is the first under the $5 million ERA Contribution Agreement previously announced on September 28, 2020. The payment is with respect to 2020 joint project costs totaling $5.4 million incurred by Titanium and Canadian Natural Resources Limited (“Canadian Natural”) and shared $1.6 million and $3.8 million, respectively. The net payment of $640,000 is allocated on a 30% (Titanium - $192,000) and 70% (Canadian Natural - $448,000) basis under the 2020 Project Coordination Agreement, previously announced on December 22, 2020. About Titanium Corporation Inc. Titanium's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. The Company is working with Canadian Natural on engineering validation of its CVW™ technology. The Company's technology reduces the environmental impact of oil sands tailings while economically recovering valuable products that would otherwise be lost. CVW™ 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. About Emissions Reduction Alberta (“ ERA” https://www.eralberta.ca) For more than 10 years, ERA has been investing the revenues from the carbon price paid by large final emitters to accelerate the development and adoption of innovative clean technology solutions. Since ERA was established in 2009, they have committed $616 million toward 186 projects worth $4.5 billion that are helping to reduce GHGs, create competitive industries and are leading to new business opportunities in Alberta. These projects are estimated to deliver cumulative reductions of 35 million tonnes of CO₂e by 2030. 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. CONTACT: For further information, contact: Scott Nelson President & CEO Tel: (403) 561-0439 Email: snelson@titaniumcorporation.com Jennifer Kaufield Vice President Finance & CFO Tel: 403-874-9498 Email: jkaufield@titaniumcorporation.com