EDMONTON, Sept. 15 /CNW/ - Titanium Corporation Inc. (TSX-V: TIC), reports the grant to its President and CEO, Mr. Scott Nelson, of 300,000 incentive stock options pursuant to the company's stock option plan and in accordance with the policies of the TSX Venture Exchange. The stock options were issued at an exercise price of $0.83 and have a five year term.
About Titanium Corporation Inc.
Titanium Corporation Inc. is developing the technology necessary to recover heavy minerals, hydrocarbons and water contained in the waste tailings streams from oil sands mining operations near Fort McMurray, Alberta. The potential benefits from this "Creating Value from Waste(TM)" proposition are twofold. First, the recovered minerals will have intrinsic value and will provide shareholders with a source of revenue. Second, by using an integrated approach to recovering minerals and hydrocarbons, there is potential for industry-wide environmental benefits. The Company's shares trade on the TSX-V under the symbol TIC. For more information, please visit 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.
SOURCE TITANIUM CORPORATION INC.
For further information: For further information: Vincent Gallant, Vice President Finance & CFO, Tel: (780) 760-0512 x302, email@example.com