| Titanium Corporation Announces Submission to Alberta's Royalty Panel | |
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CALGARY, ALBERTA--(Marketwired - Nov 2, 2015) - Titanium Corporation Inc. (the "Company" or "Titanium") (TSX VENTURE:TIC) is pleased to announce that the Company has made a formal submission to the Alberta Government's Royalty Review Panel (the "Royalty Panel") titled "Optimizing Royalties to Create Economic Growth, Diversification and Sustainable Development for Alberta" (the "Submission"). The Company's Submission makes a number of recommendations for measures that will assist Alberta in meeting the key objectives of the Panel's review in the areas of fostering investment, economic diversification, innovation and supporting responsible development of Alberta's resources. These recommendations include optimizing royalties to create a new minerals industry, encourage the recovery of bitumen from tailings and to create linkages between the royalty system and sustainable development. The Company's Submission also recommends that Alberta enlist the resources of its institutions (e.g. AIMCO, ATB, CCEMC) and Alberta's world class energy infrastructure firms (e.g. pipelines, processing, midstream) to create an "environmental infrastructure" sector, in order to more rapidly address climate change and other environmental issues. The Company's Submission to the Royalty Panel may be viewed on Titanium's website http://www.titaniumcorporation.com/s/Presentations.asp About Titanium Corporation Inc. Titanium Corporation's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. 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 thickened 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. 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.
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Titanium Corporation, Inc.
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CODE : TIC.V |
ISIN : CA88833T1049 |
CUSIP : 88833T104 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Titanium Corp is a oil exploration company based in Canada. Titanium Corp holds various exploration projects in Canada. Its main exploration property is OIL SANDS PROJECT in Canada. Titanium Corp is listed in Canada and in United States of America. Its market capitalisation is CA$ 115.5 millions as of today (US$ 92.4 millions, € 80.9 millions). Its stock quote reached its highest recent level on March 11, 2005 at CA$ 4.24, and its lowest recent point on December 24, 2008 at CA$ 0.15. Titanium Corp has 79 140 000 shares outstanding. |