Titan Mining Corp. announces it has extended the maturity dates of its credit facilities with each of the Bank of Nova Scotia and a company controlled by Titan’s Executive Chairman . The maturity date of the Company's senior secured revolving credit facility with a limit of US$10,000,000 with the Bank of Nova Scotia has been extended from April 3, 2021 to April 3, 2022. The maturity date of the Company’s second ranking [...]
Titan Mining Corp. today provided an update on its drilling programs at its 100% owned Empire State Mine located in upstate New York. Underground drilling has intersected high-grade zinc mineralization in the Mahler zone that will add to the resource and ultimately enhance ESM’s production profile. Additionally, exploration drilling has commenced targeting a high priority target in the district. Highlights from the [...]
Titan Mining Corp. announces the proposed repricing of 2.5 million warrants issued to Augusta Investments Inc. , a company controlled by the Company’s Executive Chairman Richard Warke, expiring on January 20, 2024 in connection with the Credit Agreement between the Company and the Lender pursuant to which the Lender agreed to extend and has advanced to the Company a second-ranking secured non-revolving credit facility of [...]
Titan Mining Corp. is pleased to announce the closing of a non-brokered private placement financing raising gross proceeds of C$8,003,800 million . Pursuant to the Private Placement, Titan issued 16,007,600 units of the Company at a price of C$0.50 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price [...]
Titan Mining Corp. announces a non-brokered private placement financing raising gross proceeds of C$8 million . Pursuant to the Private Placement, Titan will issue 16,000,000 units of the Company at a price of C$0.50 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of C$0.75 for a period of three [...]
Titan Mining Corp. is pleased to announce the signing of an Option Agreement on the Mineral Ridge Property located in Esmerelda County, Nevada from Scorpio Gold Corp. through its US affiliates. Mineral Ridge Highlights Current open pit Mineral Resource of 350,000 oz gold at an average grade of 1.16 g/t Fully permitted for production and drill-ready Widespread mineralization, only sporadic exploration completed to date [...]
Titan Mining Corp. announces that, at the annual general meeting of shareholders held on June 26, 2020, shareholders voted in favour of setting the number of directors at eight, and each of the eight nominees listed in the management information circular dated May 14, 2020, were elected as directors of the Company. A summary of the results for the election of Titan’s Board of Directors is provided below: Name of Nominee [...]
Titan Mining Corp. is pleased to announce the delineation of a third zone of near-surface mineralization at its 100%-owned Empire State Mine in upstate New York. Drilling has successfully delineated three significant zones of mineralization that can potentially be mined by lower cost open-pit mining methods and milled at ESM’s milling complex located one mile to the north under ESM’s current mining permit [...]
Titan Mining Corp. is pleased to announce drill results of two new zones of near-surface mineralization at the Company’s Empire State Mine in upstate New York. The definition drilling of these potential new open-pit mill feed zones is a key goal of the Company’s strategy of filling over 3,000 tonnes per day of excess capacity at the ESM mill in an effort to dramatically increase production and lower costs [...]
Titan Mining Corp. is pleased to announce the results from surface drilling at its 100%-owned Empire State Mine in New York State. The current drill program is focused on two recently-identified near-surface zinc targets . The Hoist House zone is interpreted as an extension of the large #2 mine, which accounted for approximately half of the tons mined historically at ESM, and the Turnpike zone as an extension of the [...]
Titan Mining Corp. announces the closing of its private placement, announced on September 18, 2019, of 18 million units at C$0.35 per unit, for aggregate gross proceeds of C$6.3 million . Each unit is comprised of one common share and one-half of a warrant of the Company. Each full warrant is exercisable into one common share of the Company at an exercise price of C$0.50 per share for a period of five years from the [...]
Titan Mining Corp. announces that further to its private placement of 18 million units at C$0.35 per unit, the Company is required to obtain shareholder approval with respect to the approximately 84% insider participation in the private placement in accordance with TSX policies. Each unit is comprised of one common share and one-half of a warrant of the Company. Each full warrant is exercisable into one common share of [...]