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CVW.V ·

Titanium Issues Restricted Share Units

Share Capital & Compensation

Mailing Address 1020, 903 8 Avenue, SW • Calgary, Alberta • T2P 0P7

Telephone: 403.454-2881 • Fax: 403.770.8233• www.TitaniumCorporation.com

TITANIUM ISSUES RESTRICTED SHARE UNITS

Calgary, Alberta – January 2, 2018 – Titanium Corporation Inc. ("Titanium" or the "Company") (TSXV: TIC)

announces that it has issued restricted share units of the Company ( "RSUs") under the Company's shareholder ap proved

restricted share unit plan (the "RSU Plan").

The Company issued an aggregate of 270,042 RSUs to certain officers of the Company under the RSU Plan in settlement of

$324,050 of compensation owing to such officers as at December 31, 2017. Of the total, 249,208 RSUs vest immediately and

20,834 vest on December 31, 2018 and entitle the holder to acquire one common share (a "Common Share") of the Company

underlying each such RSU by delivering a notice of acquisition to the Company and paying the required award price and

withholding taxes, all in accordance with the RSU Plan.

In accordance with the RSU Plan, the RSUs were priced based on the closing price of the Common Shares on the TSX Venture

Exchange on December 29, 2017.

This press release shall not co nstitute an offer to sell or a solicitation of an offer to buy the securities in any jurisdiction. The

Common Shares will not be and have not been registered under the United States Securities Act of 1933, as amended, and may

not be offered or sold in the United States, or to a U.S. person, absent registration or an applicable exemption therefrom.

About Titanium Corporation Inc.

Titanium Corporation's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil

sands ind ustry. 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 fr om 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 indus try 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 contains forward-looking statements. More particularly, this press release contains statements concerning

the anticipated form of settlement of the RSUs. Although the Company believes that the expectations reflected in these

forward-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 they involve inhe rent 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 applicab le

securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (a s 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]