Titan Mining Corp. is issuing this press release in response to a request from the Investment Industry Regulatory Organization of Canada to comment on the recent trading activity of its stock. Titan is not aware of any material, undisclosed information related to the Company that would account for the recent increase in the market price and level [...]
Titan Mining Corp. today announces that its Board of Directors has declared a special cash dividend of C$0.01 per common share for an aggregate distribution of approximately C$1.4 million based on the current number of shares outstanding. Don Taylor, President and CEO commented, "The Company's recent cash flow generation from its Empire State Mine [...]
Titan Mining Corp. today announced that it has entered into a fixed zinc pricing arrangement pursuant to its existing offtake agreement with an affiliate of Glencore plc for approximately 50% of the Company's forecasted zinc production for the second half of 2021. The arrangement is for a six-month period covering July 2021 to December 2021 at a [...]
Titan Mining Corp. today provided an update on its surface exploration drilling program and the discovery of Little York, set H2/21 production guidance for its 100% owned Empire State Mine located in upstate New York, and announces an inaugural dividend. Highlights: Discovery of Little York - drilling included 11 ft of 18.4% zinc within 20 ft of [...]
Titan Mining Corp. announces that all matters presented for approval at Titan's annual meeting of shareholders held today, as more particularly set out in the Company's Management Information Circular dated May 21, 2021, have been approved. These matters included: Setting the number of directors at six; Electing each of the Company's six nominees [...]
Titan Mining Corp. announces that with stronger than expected zinc prices, lower than planned smelter treatment charges and increasing cash flow from its Empire State Mines in upstate New York, Titan has decided to focus its efforts at ESM and terminate its option on the Mineral Ridge property owned by Scorpio Gold Corp. located in Esmeralda [...]
Titan Mining Corp. announces that in satisfying the reporting requirements of the British Columbia Securities Commission Titan commissioned an independent consultant to prepare a technical report on the Mineral Ridge Project. The technical report for Titan was based on a technical report with an effective date of January 2, 2018, summarizing a [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]