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CVW.V ·

Titanium Issues Stock Options

Share Capital & Compensation

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

Telephone: 403.454.2881 • Fax: 403.770.8233 • www.TitaniumCorporation.com

TITANIUM ISSUES STOCK OPTIONS

Calgary, Alberta – April 21, 2017 – Titanium Corporation Inc. ("Titanium" or the "Company") announced that it has

issued 950,000 stock options to executive officers and directors of the Company in accordance with the Company 's shareholder

approved stock option plan. The stock options are exercisable at a price equal to the closing price of such shares on the TSX

Venture Exchange on April 21, 2017, expire in five years and vest over a period of 36 months with 1/3 of the options vesting at

the end of each twelve month period following the date of grant.

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

common shares of Titanium 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 applicable exemption

therefrom.

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 trad e 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 may contain forward-looking statements. Although the Company believes that the expectations reflected in

any forward looking statements are reasonable, undue reliance should not be placed on them because the Company can give

no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by

their very nature they involve inherent risks and uncertainties. Any 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 (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]