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Titanium Corporation Inc. (TIC.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.4100+0.0300 (+7.89%)
At close: 2:35PM EST
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Previous Close0.3800
Open0.3800
Bid0.4100 x 0
Ask0.4200 x 0
Day's Range0.3800 - 0.4250
52 Week Range0.2400 - 0.5700
Volume285,436
Avg. Volume160,467
Market Cap36.277M
Beta (5Y Monthly)0.87
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 Appointment of Corporate Secretary
    GlobeNewswire

    Titanium Corporation Announces Appointment of Corporate Secretary

    CALGARY, Alberta, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Titanium Corporation Inc. (the "Company" or "Titanium") (TSX-V: TIC) announces the appointment of Ms. Lindsay Cox as Corporate Secretary of the Company. Ms. Cox currently practices corporate and securities law at Burnet, Duckworth & Palmer LLP. Ms. Cox will replace Ms. Jessica Brown who has been the Company's Corporate Secretary since November 2017. Ms. Cox's appointment is subject to the approval of the TSX Venture Exchange. 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. 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

  • GlobeNewswire

    Titanium Corporation Announces $1.96 Million Non-Repayable Funding Contribution From Natural Resources Canada’s Clean Growth Program

    CALGARY, Alberta, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Titanium Corporation Inc. (the "Company" or "Titanium") (TSX-V: TIC) is pleased to announce that the Company and Natural Resources Canada have signed a Non-Repayable Contribution Agreement (“the Agreement”) for $1.96 million of funding of eligible expenditures of a work program for the period April 1, 2020 to March 31, 2021 as part of the detailed engineering phase of the CVW™ Horizon Project. 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. “The government continues to support innovative and sustainable projects to lower emissions and save Canadians money,” said the Honourable Seamus O’Regan Jr., Canada’s Minister of Natural Resources. “We wish to thank Natural Resources Canada’s Clean Growth Program for their support toward commercialization of our CVW™ sustainable technology,” commented Scott Nelson, Titanium’s President and CEO. “This program and funding are invaluable in meeting the environmental challenges and economic opportunities facing Canada’s natural resources operations.” The work program includes validation engineering for CVW™ Horizon Project facilities including the concentrator plant, minerals plant and transload facility and associated Class 3 capital cost estimates. During the first quarter of 2021, the program will focus on minerals sample testing, minerals process engineering work to validate the resizing of the minerals plant and the front-end engineering design of a transload facility for rail shipment of minerals products. 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 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 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 (403) 561-0439 snelson@titaniumcorporation.com Jennifer Kaufield Vice President Finance & CFO (403) 874-9498 jkaufield@titaniumcorporation.com

  • Titanium Corporation Announces Signing of Project Coordination Agreement for the 2020 Engineering Phase of the CVW™ Horizon Project
    GlobeNewswire

    Titanium Corporation Announces Signing of Project Coordination Agreement for the 2020 Engineering Phase of the CVW™ Horizon Project

    CALGARY, Alberta, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Titanium Corporation Inc. (the "Company" or "Titanium") (TSX-V: TIC) is pleased to announce that the Company and Canadian Natural Resources Limited (“Canadian Natural”) have signed a 2020 Project Coordination Agreement (“PCA”) which governs the 2020 engineering phase of the CVW™ Horizon Project (the “2020 Program”). The PCA, effective January 1, 2020, sets out the rights and responsibilities under which the parties have been operating during the year with respect to the 2020 Program. Under the PCA, the 2020 Program includes validation of the previously completed front end engineering design study, optimization of the overall plant design and the updating of the capital cost estimate for the concentrator plant, tailings thickener and associated utilities.The PCA provides that Canadian Natural and Titanium shall be responsible for 70% and 30%, respectively, of the total cost of the 2020 Program and government grant proceeds related to the 2020 Program shall be shared between the parties on the same ratio. Titanium has incurred costs of $1.1 million under the PCA for the nine months ended September 30, 2020 and the final details of each party's contribution will be determined in the first quarter of 2021. The PCA provides that ownership of the 2020 Program and intellectual property rights developed during the program shall be jointly owned pro rata in accordance with each party's contribution. The PCA also sets out the management structure, responsibilities, administration and certain other customary terms and conditions for the conduct of the 2020 Program.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.Disclosure regarding forward-looking informationThis news release contains forward-looking statements and information within the meaning of applicable Canadian securities laws (collectively, "forward-looking information") that reflect the current expectations of management about the future results, performance, achievements, prospects or opportunities for Titanium, including statements relating to the continued effective collaboration between the Company and Canadian Natural. These statements generally can be identified by use of forward-looking words such as "may", "will", "expect", "estimate", "anticipate", "believe", "project", "should" or "continue" or the negative thereof or similar variations. Forward-looking information, by its very nature, is subject to inherent risks and uncertainties and is based on many assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking information and that our business outlook, objectives, plans and strategic priorities may not be achieved. In addition to other factors and assumptions which may be identified in this news release, assumptions have been made regarding, among other things: the timing of determination of the final contributions from each party under the PCA; the condition of the global economy, including trade, public health (including the impact of the COVID-19 pandemic) and other geopolitical risks; the stability of the economic and political environment in which the Company operates; the success of the detailed engineering phase of the Project; the ability of the Company to enter into commercial contracts with oil sands producers and to achieve commercialization of the CVW™ technology; the ability of the Company to enter into commercial contracts with other strategic partners in relation to building and operating facilities, as required; the ability of the Company to retain qualified staff; the ability of the Company to obtain financing on acceptable terms, including available grant and financing opportunities from government programs and finalizing funding agreements for such government programs; the translation of the results from the Company's research, pilot programs, Project activities and studies into the results expected on a commercial scale; future oil and zircon prices and the impact of lower prices on activity levels and cost savings of oil sands producers; the impact of increasing competition; the ability to protect and maintain the Company's intellectual property; currency, exchange and interest rates; the regulatory framework regarding royalties, taxes and environmental matters in the jurisdictions in which the Company operates; and the ability of the Company to successfully market its CVW™ technology. As a result, we cannot guarantee that any forward-looking information will materialize and we caution you against relying on any of this forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Additional information on these and other factors are disclosed in our most recently filed management's discussion and analysis, including under the heading “Discussion of Risks”, and in other reports filed with the securities regulatory authorities in Canada from time to time and available on SEDAR (sedar.com).The forward-looking information contained in this news release describes our expectations as of the date of this news release and, accordingly, are subject to change after such date. Except as may be required by Canadian securities laws, we do not undertake any obligation to update or revise any forward-looking information contained in this news release, whether as a result of new information, future events or otherwise.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 (403) 561-0439 snelson@titaniumcorporation.com Jennifer Kaufield Vice President Finance & CFO (403) 874-9498 jkaufield@titaniumcorporation.com