Titanium Corporation Announces Exercise of Stock Options
Titanium Corporation Announces Exercise of Stock Options
CALGARY, Alberta, Nov. 28, 2017 -- Titanium Corporation Inc. ("Titanium" or the "Company") (TSX-V:TIC) announced
that certain officers of the Company have exercised 500,000 stock options for gross proceeds received by the Company of
$500,000. In connection with these transactions, the officers sold an aggregate of 400,000 common shares of the Company
from their underlying stock option exercises to fund the payment of the exercise prices and applicable taxes payable. A
director of the Company, John W. Stevens, acquired, indirectly, an aggregate of 100,000 common shares of the Company
through the stock option transactions. These transactions increased insider ownership, directly and indirectly, to 22.7% of the
issued and outstanding common shares of the Company. Additionally, Arva Limited, a corporation that John W. Stevens is a
director and officer of, acquired an aggregate of 300,000 common shares of the Company through the stock option
transactions.
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.
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
President & CEO
Tel: (403) 561-0439
Email: [email protected]
Jennifer Kaufield
Vice President Finance & CFO
Tel: (403) 874-9498