TIC Titanium Corporation Inc

Titanium Corporation Inc. (the "Company") (TSX VENTURE:TIC) today announced a
National Research Council of Canada (NRC) Industrial Research Assistance Program
(IRAP) contribution agreement to assist the Company in carrying out programs
related to paraffinic froth treatment tailings. The programs include heavy
mineral concentrates, zircon and bitumen production as well as froth treatment
tailings remediation. IRAP will provide technical advisory expertise and
financial support of up to $470,000 for eligible costs related to programs
currently underway at CanmetENERGY's research facilities in Devon, Alberta for
completion by the end of 2013. 


"The IRAP supported programs are built on our patented technologies which are
ready for implementation at the three oil sands mining sites using the naphtha
froth treatment process," said Scott Nelson, Titanium's President and CEO.
"Paraffinic froth treatment is a newer process used by two additional sites
where there are significant opportunities for our Company to recover lost
resources and reduce environmental impacts".


About Titanium Corporation Inc.

Titanium Corporation Inc. has developed innovative technologies to recover
bitumen, solvent, valuable heavy minerals and water from oil sands waste
tailings. The benefits are twofold: the recovered bitumen, solvent and minerals
will have economic value; and green benefits which will significantly reduce
environmental impacts of the oil sands industry. The Company's shares trade on
the TSX-V under the symbol "TIC". For more information visit the Company's
website at www.titaniumcorporation.com.


Disclosure regarding forward-looking statements

Certain statements contained herein regarding the Company and its plans
constitute "forward-looking statements" within the meaning of Canadian
securities laws. By their nature, forward-looking statements require the Company
to make assumptions and are subject to inherent risks and uncertainties. There
is a significant risk that predictions, forecasts, conclusions, projections, and
other forward-looking statements will not prove to be accurate. We direct you to
our statement of risks and uncertainties more particularly described and updated
in the Company's Management Discussion and Analysis filed for the period ended
November 30, 2012 on SEDAR (www.sedar.com). Most notably these risks include,
but are not limited to risks associated with the commercialization of the
Project on the timetable anticipated or at all; access to capital on acceptable
terms to fund our commercialization plan, operational or technical difficulties
in connection with research activities and building and operating the Project;
uncertainty related to the cost to build and operate CVW(TM) facilities;
reliance on a small number of people, access to and cost of oil sands tailings
necessary to carry out the project, competition and intellectual property
protection and changes to environmental laws and regulation.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Titanium Corporation Inc.
Scott Nelson
President & CEO
(403) 561-0439
snelson@titaniumcorporation.com


Titanium Corporation Inc.
Andreas Curkovic
Investor Relations
(416) 577-9927
acurkovic@titaniumcorporation.com
www.TitaniumCorporation.com

Titanium (TSXV:TIC)
過去 株価チャート
から 5 2024 まで 6 2024

Titanium (TSXV:TIC)
過去 株価チャート
から 6 2023 まで 6 2024