victor
wells appointed as chief financial officer
Toronto, Ontario�.December 17,
2007�Titanium
Corporation Inc. [TSX-V:TIC] today announces the appointment of Victor Wells as
Chief Financial Officer of the Corporation.
Mr. Wells is a corporate director and finance specialist with over 20
years experience in the resources, transportation and manufacturing
industries.
Mr. Wells has held Vice President
Finance, Chief Financial Officer and senior financial positions with Chemtrade
Logistics, Tahera Diamond Corporation, TVX Gold and Placer Dome. He is a member of the Financial
Executives International (FEI) and recently completed a term as National President and CEO. He has been a
Chapter President and Director and currently serves as Vice Chair of the Committee on Corporate Reporting. Mr. Wells is a Chartered Accountant and a
Fellow of the Institutes of Chartered Accountants of Ontario and British Columbia.
Mr. Wells completed the Directors
Education Program at the Institute of Corporate Directors, Corporate Governance
College and obtained his ICD.D designation. He currently serves as Director and
Chair of the Audit Committee of both Northstar Healthcare Inc. and MagIndustries
Corporation and as a Director of Student Transportation
Ltd.
About Titanium
Corporation
Titanium Corporation Inc. is a
Canadian company developing a commercial process to maximize the inherent value
existing in the waste material currently being deposited in oil sands tailings
in the Fort McMurray, Athabasca oil sands region. Through extensive research, including
the construction and operation of pilot processing facilities, the Company is
developing technology to integrate the recovery of heavy minerals and bitumen
from mined oil sands tailings. Titanium Corporation�s technology could be applied to existing and
planned mined oil sands projects with the objective of creating a new sustainable industry for Canada.
Titanium Corporation Inc. shares trade on the Toronto Venture Exchange
(TSX.V) under the symbol TIC. For more information, please visit
our website www.titaniumcorporation.com.
The TSX Venture Exchange has not
reviewed and does not accept responsibility for the adequacy and accuracy of
this release.
For further
information:
Scott Nelson, President &
CEO
Carolyn Muir, Investor Relations
Titanium Corporation Inc.
Titanium Corporation Inc.
403-561-0439
416-955-0715 X 224
E-mail: snelson@titaniumcorporation.com
cmuir@titaniumcorporation.com
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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. |