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Titanium Corporation, Inc.

Publié le 13 octobre 2015

Acquisition of Common Shares of Titanium Corporation Inc.

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Titanium Corporation Inc.
TSX VENTURE: TIC
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October 13, 2015
Acquisition of Common Shares of Titanium Corporation Inc.
CALGARY, ALBERTA--(Marketwired - Oct. 13, 2015) -

NOT FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS
RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

An affiliated Canadian resident corporation Mossco Capital Inc. ("Mossco"), controlled by Moss Kadey an independent director of Titanium Corporation Inc. (the "Company" or "Titanium") (TSX VENTURE:TIC) residing in Toronto, Ontario, reports that on October 9, 2015, Mr. Kadey acquired control over 500,000 common share purchase warrants (the "Warrants") of the Company. The Warrants were issued to Mossco in connection with the entering into of a loan agreement (the "Loan Agreement"), pursuant to which Mossco agreed to lend to Titanium the principal amount of up to $1,000,000 (the "Loan").

Each Warrant entitles the holder to acquire one common share ("Common Share") of Titanium at a price of $1.35 per Common Share prior to October 9, 2017. The Warrants were issued in reliance on the exemption found in Section 2.24 of National Instrument 45-106 - Prospectus Exemptions.

Following this acquisition, Mr. Kadey beneficially owns or controls, directly and indirectly, 6,220,000 Common Shares, representing approximately 9.64% of the currently outstanding Common Shares. Additionally, Mr. Kadey owns, directly or indirectly, collectively, 500,000 Warrants, 150,000 options to purchase Common Shares and 71,861 deferred share units of the Corporation convertible into Common Shares. Assuming the full exercise or conversion, as applicable, of all convertible securities held by Mr. Kadey and assuming the full exercise of all Warrants issued by the Company on October 9, 2015, Mr. Kadey would beneficially own or control, directly and indirectly, 6,941,861 Common Shares, representing approximately 10.64% of the Common Shares that would then be outstanding.

In addition, Mr. Kadey is entitled to receive $18,625 for directors' fees which will be settled through the issuance of deferred share units of the Corporation in accordance with the Corporation's deferred share unit plan.

Mr. Kadey may, from time to time, as market opportunities exist or develop or otherwise, increase or decrease his beneficial ownership of the Common Shares, Warrants or other convertible securities of Titanium as permitted by applicable securities laws.

A copy of the early warning report will be filed on SEDAR at www.SEDAR.com with respect to the acquisition of the Warrants by Mossco and will be available upon request from the offices of the Company at: 510, 840-6th Avenue S.W., Calgary, Alberta T2P 3E5.

This press release does not constitute an offer of the Warrants for sale in the United States or in any jurisdiction in which such offer or sale would be unlawful. The Warrants have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States absent registration or an exemption from registration under that act.

About Titanium Corporation Inc.

Titanium Corporation's CVW(TM) 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(TM) 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 .

The issuance of this news release is not an admission that an entity named in this news release owns or controls any securities of the Company or is a joint actor with any other named entity in this news release.

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 INFORMATION:
Titanium Corporation Inc.
Scott Nelson
President & CEO
(403) 561-0439
snelson@titaniumcorporation.com
INDUSTRY: Manufacturing and Production - Mining and Metals

Suite 900, 25 York Street, Toronto, ON M5J 2V5 | Toll Free:888-299-0338 | Phone: 416-362-0885 | info@marketwired.com


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Titanium Corporation, Inc.

CODE : TIC.V
ISIN : CA88833T1049
CUSIP : 88833T104
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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$, 87,0 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.

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Rapports Financiers de Titanium Corporation, Inc.
22/07/2016Reports Fiscal Year 2016 Third Quarter Results
29/04/2016Reports Fiscal Year 2016 Second Quarter Results
24/01/2014Reports Fiscal Year 2014 First Quarter and Operational Updat...
30/04/2013Reports Fiscal Year 2013 Second Quarter Results and Operatio...
24/01/2013Reports Fiscal Year 2013 First Quarter and Operational Updat...
20/07/2011Reports Fiscal Year 2011 Third Quarter Results and Operation...
21/04/2011Reports Fiscal Year 2011 Second Quarter Results and Operatio...
27/01/2009Reports 2009 First Quarter Results
24/11/2008Reports 2008 Fourth quarter Results
Projets de Titanium Corporation, Inc.
22/06/2007(Oil Sands Project) Oil Sands Drill Core Evaluation Program
Communiqués de Presse de Titanium Corporation, Inc.
22/07/2016Titanium Corporation Reports Fiscal Year 2016 Third Quarter ...
24/06/2016Titanium Corp Receives Canadian and U.S. Patents and Updates...
13/06/2016Titanium Corp Receives The 2016 Award For Environmental Inno...
01/06/2016Titanium Issues Restricted Share Units And Deferred Share Un...
29/04/2016Titanium Corporation Reports Fiscal Year 2016 Second Quarter...
29/01/2016Titanium Corporation Reports Fiscal Year 2016 First Quarter ...
28/01/2016Titanium Corporation Reports Fiscal Year 2016 First Quarter ...
30/11/2015Titanium Corporation Reports Fiscal Year End Results, and An...
02/11/2015Titanium Corporation Announces Submission to Alberta's Royal...
27/10/2015Titanium Corporation Announces Exercise of Expiring Stock Op...
22/10/2015Titanium Issues Restricted Share Units and Deferred Share Un...
15/10/2015Titanium Corporation Announces Submission to Alberta's Clima...
01/10/2015Titanium Corporation Announces Agreements With Syncrude Cana...
28/07/2015Titanium Corporation Reports Fiscal 2015 Third Quarter Resul...
16/04/2015Titanium Corporation Reports Fiscal 2015 Second Quarter Resu...
12/02/2015Titanium Announces Release of Updated Investor Presentation ...
11/02/2015Titanium Corporation Ranked in the 2015 TSX Venture 50(R) in...
29/01/2015Titanium Corporation Reports Fiscal Year 2015 First Quarter ...
12/01/2015Titanium to Be Added to S&P/TSX Venture Select Index
15/12/2014Titanium Corporation Reports Fiscal Year End Results, Progre...
18/07/2014Titanium Corporation Reports Fiscal 2014 Third Quarter Resul...
13/06/2014Titanium Announces Resignation of Director
23/04/2014Titanium Corporation Reports Fiscal 2014 Second Quarter Resu...
26/03/2014Titanium Corporation Featured at Globe Conference
13/11/2013Reports Fiscal Year End Results; Advances Toward Commerciali...
19/07/2013Logs Key Milestones Towards Commercialization of Value Extra...
16/05/2013Awarded Final Canadian Patent for Breakthrough Oil Sands Tai...
17/04/2013Awarded Patent for Technology That Boosts Bitumen Recovery f...
17/04/2013Awarded Patent for Technology That Boosts Bitumen Recovery f...
27/03/2013Receives Government of Canada Support for a Paraffinic Froth...
22/03/2013Federal Budget Provides Additional $325 Million for Sustaina...
12/12/2012Announces Award of Patent for Breakthrough Oil Sands Tailing...
16/10/2012Awarded Canadian Patent for Minerals Recovery from Oil Sands
10/03/2011Successfully Completes Second Phase of Demonstration Pilot
11/03/2010Sustainable Development Technology Canada Signs Contribution...
28/07/2008Issues Q3 financial statements
23/07/2008senior executive joins titanium Corporation Board
07/07/2008Oil sands Expert joins Titanium Corporation management team
30/04/2008Issues Q2 financial statements
31/03/2008receives $3.5 million Grant from The Province of alberta
28/03/2008Research project to capture valuable minerals from oil sands...
25/02/2008Stock Option Grant
20/12/2007Gordon Pridham appointed as Executive chairman
17/12/2007Victor Wells appointed as chief financial officer
19/11/2007 Senior mining and heavy oil executive joins titanium Corpor...
20/04/2007TIC News Release April 19, 2007
19/04/2007quarterly update
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