CVW.V · 2022-01-13 12:00:00

Subscription for Units of Titanium Corporation Inc. by Moss Kadey

Corporate Updates

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, Jan. 13, 2022 -- Moss Kadey, an independent director of Titanium Corporation Inc. (the " Company" or

"Titanium ") residing in Toronto, Ontario, reports that on January 12, 2022, Mr. Kadey acquired 1,400,000 units (" Units") of the

Company, through his wholly-owned corporation MossKD Inc., in connection with a non-brokered private placement of the

Company of 25,000,000 Units at $0.20 per Unit (the " Offering"). Each Unit is comprised of one common share (" Common

Share ") of Titanium and one-half of one Common Share purchase warrant ("Warrant "). Each whole Warrant entitles the holder

to acquire one Common Share at a price of $0.30 per Common Share for a period of four years following the issue date.

On December 20, 2021, Mr. Kadey had subscribed for 5,000,000 Units, but was entitled to allocate his rights and obligations

to purchase some or all of the Units he had subscribed for to substitute purchasers who are accredited investors (the

"Substituted Purchasers") in which case Mr. Kadey was not be obligated to purchase the Units so purchased by such

Substituted Purchasers.

Upon completion of the Offering, Mr. Kadey beneficially owns or controls, directly and indirectly: (i) 13,019,167 Common

Shares, representing approximately 11.47% of the issued and outstanding Common Shares after completion of the Offering;

(ii) 135,000 options to purchase Common Shares; (iii) 337,778 deferred share units; (iv) 430,000 warrants exercisable at $1.40

per Common Share; and (v) 700,000 Warrants exercisable at $0.30 per Common Share. Assuming the full exercise or

conversion, as applicable, of all convertible securities held by Mr. Kadey, directly and indirectly, and no other outstanding

convertible securities of the Company are exercised at such time, Mr. Kadey would beneficially own or control, directly and

indirectly, 14,621,945 Common Shares, representing approximately 12.71% of the then outstanding Common Shares. The

holdings described above include Mr. Kadey's ownership or control of Common Shares held by the Kadey Family Trust,

Mossco Capital Inc., MossKD Inc. and Vivette Kadey, Mr. Kadey's spouse.

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 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.

800, 736 8th Avenue SW

Calgary, AB T2P 1H4

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 .