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CVW.V ·

Titanium Announces Project Funding BY Emissions Reduction Alberta (Era) FOR Engineering Design of Tailings Treatment/ Bitumen, Solvent and Minerals Recovery System

Corporate Updates

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]