Titanium Announces Project Funding BY Emissions Reduction Alberta (Era) FOR Engineering Design of Tailings Treatment/ Bitumen, Solvent and Minerals Recovery System
Mailing Address 1020, 903 8 Avenue, SW • Calgary, Alberta • T2P 0P7
Telephone: 403.454.2881 • Fax: 403.770.8233• www.TitaniumCorporation.com
TSX Venture Exchange Symbol TIC
TITANIUM ANNOUNCES PROJECT FUNDING BY EMISSIONS REDUCTION ALBERTA
(ERA) FOR ENGINEERING DESIGN OF TAILINGS TREATMENT/ BITUMEN, SOLVENT
AND MINERALS RECOVERY SYSTEM
Calgary, Alberta – July 7, 2017 – Titanium Corporation Inc. ("Titanium" or the "Company") is pleased to
announce that the Company's project " Reducing Methane Emissions and Other Environment Impacts from Oil
Sands Tailings and Ponds – Deployment of Sustainable Technology ("Project")" is a successful applicant in ERA's
Methane Challenge.
Titanium is working with Canadian Natural Resources Limited ("Canadian Natural") to conduct engineering design
for an oil sands tailings treatment system that eliminates certain tailings streams while recovering bitumen, solvent,
and high-value minerals. By pre venting solvent and bitumen release, the vast majority of methane emissions from
mined oil sands operations can be reduced. The technology is t argeted at froth treatment tailings , which are
estimated to be responsible for more than 90% of methane emissions from t ailings ponds. Results from the
Canadian Natural-sponsored project will be applicable to other large oil sands mines and results will be shared and
disseminated through Canada's Oil Sands Innovation Alliance.
The Company’s Project has been approved for funding of up to the lessor of $5,000,000 Canadian Dollars or 50%
of the total eligible Project expenses. ERA's funding approval is subject to written confirmation by August 31, 2017
that all other sources of funding for the project have been secured a nd successful negotiation by September 29,
2017 of a Contribution Agreement with ERA on terms satisfactory to ERA.
"We are gratified that ERA has selected our Company for funding and are excited about the potential for a first
commercial implementation of our Creating Value from Waste™ technology," commented Scott Nelson,
Titanium’s President and Chief Executive Officer. "Our team is working closely with Canadian Natural to meet the
timelines and conditions set by ERA and move forward with engineering design".
About Titanium Corporation Inc.
Titanium Corporation's CVW™ technology provides sustainable solutions to reduce the environmental footprint of
the oil sands industry. The Company's technology reduces the environmental impact of oil sands tailings while
economically recovering valuable products that would otherwise be lost. CVW™ recovers bitumen, solvents and
minerals from tailings, preventing these commodities from entering tailings ponds and the atmosphere ; volatile
organic compound and greenhouse gas emissions are materially reduced; hot tailings water is improved in quality
for recycling; and residual tailings can be thickened more readily. A new minerals industry will be created
commencing with the production and export of zircon, an essential ingredient in ceramics. The Company's shares
trade on the TSX Venture Exchange under the symbol "TIC". For more information, please visit the Company's
website at www.titaniumcorporation.com.
Disclosure regarding forward-looking statements
This press release contai ns forward-looking statements. More particularly, this press release contains statements
concerning the potential for a first commercial implementation of the Company’s technology. Although the
Company believes that the expectations reflected in these forw ard looking statements are reasonable, undue
reliance should not be placed on them because the Company can give no assurance that they will prov e to be
correct. Since forward -looking statements address future events and conditions, by their very nature th ey involve
Mailing Address 1020, 903 8 Avenue, SW • Calgary, Alberta • T2P 0P7
Telephone: 403.454.2881 • Fax: 403.770.8233• www.TitaniumCorporation.com
TSX Venture Exchange Symbol TIC
inherent risks and uncertainties. The forward-looking statements contained in this press release are made as of the
date hereof and the Company undertakes no obligation to update publicly or revise any forward looking statements
or information, whether as a result of new information, future events or otherwise, unless so required by applicable
securities laws.
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.
For further information, contact:
Scott Nelson Jennifer Kaufield
President & CEO Vice President, Finance & CFO
Tel: (403) 561-0439 Tel: (403) 874-9498
Email: [email protected] Email: [email protected]