VANCOUVER, British Columbia, April 19, 2018 -- Titan Mining Corp. announces the closing of a senior secured credit facility with the Bank of Nova Scotia, and the appointment of Naomi Johnson as Vice President, Community Relations. Closing of Senior Secured Credit Facility Titan is pleased to announce the closing of a US$15 million senior secured credit facility with the Bank of Nova Scotia. On November 30, 2017, the [...]
VANCOUVER, B.C., April 10, 2018 -- Titan Mining Corp. today announced an updated mineral resource at Empire State Mines’ #4 mine in northern New York State. The Company expects to file an updated preliminary economic analysis technical report under National Instrument 43-101 within 45 days. Unless otherwise noted, financial information is presented in U.S. dollars. Figure 1 Growth Strategy - Levering Excess Capacity [...]
TORONTO, March 9, 2018 /CNW/ - Keith Boyle, Chief Operating Officer, Titan Mining Corp. , joined Brady Fletcher, Managing Director, TSX Venture Exchange, to open the market. Titan is a Canadian-based zinc exploration and development company with its principal asset being the Empire State Mine in the State of New York. Titan Mining Corp. commenced trading on Toronto Stock Exchange on October 19, 2017. SOURCE TMX Group [...]
VANCOUVER, Feb. 26, 2018 -- Titan Mining Corp. is pleased to announce that it has concluded an offtake agreement with Glencore for 100% of the zinc concentrate from its Empire State Mine in upper New York State. Concentrate Offtake Agreement The long-term contract will commence on the first production of concentrate from the Empire State Mine. Zinc concentrate is expected to be transported within North America. It is [...]
VANCOUVER, British Columbia, Jan. 30, 2018 -- Titan Mining Corp. is pleased to announce that the crusher, hoist and mill at the Empire State Mine have been commissioned and hoisting of ore has begun on schedule and budget. Figure 1 Three-Phase Growth Strategy Figure 2a Titan Land Position Inset Figure 2b Titan Land Position Production Re-start Update Since the start of the project in early November 2017, the workforce on [...]
VANCOUVER, British Columbia, Jan. 24, 2018 -- Titan Mining Corp. announced it has appointed Michael McClelland as Chief Financial Officer and Jacqueline Allison as Vice President, Investor Relations and Strategic Analysis. Mr. McClelland is a chartered professional accountant and is currently Chief Financial Officer of Bisha Mining Share Company, an operating subsidiary of Nevsun Resources Ltd. Previously, he was with [...]
VANCOUVER, British Columbia, Nov. 30, 2017 -- Titan Mining Corp. announces it has signed a commitment letter for a senior secured credit facility with Scotiabank for up to US$15 million. “We are very pleased to have obtained a credit facility commitment from Scotiabank which we believe underscores our low risk re-start plan for Empire State Mines and our rapid transition to free cash flow in the second half of [...]
NOT FOR DISTRIBUTION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Titan Mining Corp. (“Titan” or the “Company”) (TSX:TI) today announces that the Underwriters of its previously announced initial public offering (the “Offering”) have exercised their over-allotment option to purchase an additional 1,200,000 common shares from Titan at a price of [...]
Titan Mining today announces the successful closing of its previously announced initial public offering of 35,750,000 common shares at a price of C$1.40 per Share for total gross proceeds of C$50,050,000. The common shares of Titan will commence trading today on the Toronto Stock Exchange under the symbol “TI”. The Offering was managed by a syndicate of underwriters led by Scotia Capital Inc., Canaccord Genuity Corp., and [...]
Titan Mining is pleased to announce that it has obtained a receipt for its final prospectus filed with the securities regulatory authorities in each of the provinces and territories of Canada, other than Quebec, in connection with its initial public offering of common shares of the Company at a price of C$1.40 per Share. The Company will issue 35,750,000 Shares for total gross proceeds of C$50,050,000.
Titan Mining today announced that it has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, other than Québec, for a proposed initial public offering of its common shares. The number of common shares to be sold in the proposed Offering has not yet been determined. The Offering price is currently anticipated to be between Cdn$1.40 and Cdn$1.50 per [...]