Stock
Option Grant
Toronto, Ontario�.February 25,
2008�Titanium
Corporation Inc. (�the Corporation�) [TSX-V:TIC] today announced that the board
of directors has approved issuance of 500,000 stock options to Mr. Scott Nelson,
President and CEO of the Corporation, and 50,000 stock options to each of, Bruce
Burton, Malcolm Macpherson, Gordon Pridham, Eric Slavens and Brant Sangster, all
directors of the Corporation. These stock options are all exercisable at $2.00
per share for a period of five years, pursuant to the Corporation�s stock option
plan and in accordance with the policies of the TSX Venture
Exchange.
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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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Titanium Corp est une société d’exploration minière de pétrole basée au Canada. Titanium Corp détient divers projets d'exploration au Canada. Son principal projet en exploration est OIL SANDS PROJECT au Canada. Titanium Corp est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 115,5 millions CA$ (92,4 millions US$, 80,9 millions €). La valeur de son action a atteint son plus haut niveau récent le 11 mars 2005 à 4,24 CA$, et son plus bas niveau récent le 24 décembre 2008 à 0,15 CA$. Titanium Corp possède 79 140 000 actions en circulation. |