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Acquisition of common shares of Titanium Corporation Inc. by Mossco Capital Inc.

Mergers & Acquisitions

Acquisition of common shares of Titanium Corporation Inc. by Mossco Capital

Inc.

NOT FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY

CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

CALGARY, Alberta, Oct. 06, 2017 -- An affiliated Canadian resident corporation Mossco Capital Inc. (" Mossco"), controlled by

Moss Kadey an independent director of Titanium Corporation Inc. (the "Company" or " Titanium ") residing in Toronto, Ontario,

reports that on October 5, 2017, Mr. Kadey acquired control over 500,000 common shares of the Company in connection with

the exercise of 500,000 common share purchase warrants.  The warrants were issued to Mossco in connection with the

entering into of a loan agreement on October 9, 2015, pursuant to which Mossco agreed to lend to Titanium the principal

amount of up to $1,000,000.

The warrants were exercised at a price of $1.35 per share and resulted in the issuance of 500,000 common shares of Titanium

to Mossco for total proceeds of $675,000.  No commissions or placement fees are payable in respect of the exercise of the

warrants.

Following this acquisition, Mr. Kadey beneficially owns or controls, directly and indirectly, 9,759,167 common shares,

representing approximately 12.2% of the currently outstanding common shares.  Additionally, Mr. Kadey owns, directly or

indirectly, collectively, 1,000,000 warrants, 100,000 options to purchase common shares and 214,149 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, Mr. Kadey would beneficially own or control, directly and indirectly, 11,073,316 common shares,

representing approximately 12.5% of the common shares that would then be outstanding.

Mossco, Mr. Kadey and (to Mr. Kadey's knowledge) the affiliates of Mossco and Mr. Kadey, acquired the common shares for

investment purposes. Mossco and its affiliates may, depending on market and other conditions, increase or decrease their

ownership of common shares or other securities of the Company, whether in the open market, by privately negotiated

agreement or otherwise.

A copy of the early warning report will be filed on SEDAR at www.SEDAR.com and will be available upon request from the

offices of Mossco Capital Inc., 33 Charles Street East Suite 3604, Toronto, Ontario M4Y 0A2.

This press release does not constitute an offer of the common shares for sale in the United States or in any jurisdiction in

which such offer or sale would be unlawful.  The common shares 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.

FOR FURTHER INFORMATION OR TO OBTAIN A COPY OF THE EARLY WARNING REPORT TO BE FILED IN

CONJUNCTION WITH THIS PRESS RELEASE, PLEASE CONTACT:

Mossco Capital Inc.

33 Charles Street East Suite 3604

Toronto, Ontario

M4Y 0A2

Telephone: 416-487-8100

The Company's head office is located at:

Titanium Corporation Inc.

1020, 903 – 8 Avenue S.W.

Calgary, Alberta Canada T2P 0P7

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 .