Titanium Corporation Makes Submission to the Federal/Provincial Working Group on Clean Technology, Innovation and Jobs
CALGARY, ALBERTA--(Marketwired - Jul 27, 2016) - Titanium Corporation Inc. (the "Company" or "Titanium") (TSX VENTURE:TIC) is pleased to announce that the Company has made a submission to Environment and Climate Change Canada's Working Group on Clean Technology, Innovation and Jobs. The Federal/Provincial working group is focusing on options for stimulating economic growth, creating jobs and driving innovation across all sectors to support the transition to a low-carbon economy. The purpose of the Government consultation is to develop ideas and policies that will enable Canada to both protect the environment and grow the economy.
Titanium Corporation has invented Creating Value from Waste™ ("CVW™"), a unique, yet practical suite of technologies designed to remediate froth treatment tailings in the oil sands mining sector. CVW™ is a successful Sustainable Development Technology Canada portfolio technology that is well aligned with Government policy, fulfilling the fundamental objectives of protecting the environment and growing Canada's economy. The implementation of the CVW™ will generate near term investment and growth, substantial reductions in greenhouse gas emissions, Volatile Organic Compounds and Secondary Organic Aerosol emissions, create well paying jobs for Canadians, economic diversification with the development of a new minerals export industry and create opportunities for indigenous peoples and businesses.
The Company's Submission can be found on the Company's web site at www.titaniumcorporation.com and at http://letstalkclimateaction.ca.
About Titanium Corporation Inc.
Titanium Corporation's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. Our technology reduces the environmental impact of oil sands froth treatment tailings while economically recovering valuable products that would otherwise be lost. CVW™ recovers bitumen, solvents and heavy 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-V under the symbol "TIC". For more information please visit the Company's website at www.titaniumcorporation.com.
Disclosure regarding forward-looking information
This news release contains forward-looking statements and information that reflects the current expectations of management about the future results, performance, achievements, prospects or opportunities for Titanium, including statements relating to advantages of the Company's technology and the creation of a mineral sands industry. These statements generally can be identified by use of forward-looking words such as "may", "will", "expect", "estimate", "anticipate", "believe", "project", "should" or "continue" or the negative thereof or similar variations.
Forward-looking information is presented in this news release for the purpose of assisting investors and others in understanding certain key elements of our financial results and business plan, as well as our objectives, strategic priorities and business outlook, and in obtaining a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.
Forward-looking information, by its very nature, is subject to inherent risks and uncertainties and is based on several assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking information and that our business outlook, objectives, plans and strategic priorities may not be achieved. In particular, the forward-looking information contained in this news release is based on the results of our research, pilot programs, studies, and commercialization efforts described in our management's discussion & analysis ("MD&A") under the heading "Titanium's Business". The Company has not commercially demonstrated its technologies and there can be no assurance that such research, pilot programs, and studies will prove to be accurate nor that such commercialization efforts will be successful, as actual results and future events could differ materially from those expected or estimated in such forward-looking statements. As a result, we cannot guarantee that any forward-looking information will materialize and we caution you against relying on any of this forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information.
Additional information on these and other factors are disclosed in our MD&A, including under the heading "Discussion of Risks", and in other reports filed with the securities regulatory authorities in Canada from time to time and available on SEDAR (sedar.com).
The forward-looking information contained in this news release describes our expectations as of July 27, 2016 and, accordingly, are subject to change after such date. Except as may be required by Canadian securities laws, we do not undertake any obligation to update or revise any forward-looking information contained in this news release, whether as a result of new information, future events or otherwise.
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.
Contact
Scott Nelson
President & CEO
(403) 561-0439
snelson@titaniumcorporation.com
Jennifer Kaufield
Vice President Finance & CFO
(403) 874-9498
jkaufield@titaniumcorporation.com