Titan Mining Files for Up to $150M Financing

Titan Mining Corporation has filed a base shelf prospectus in Canada dated January 27 and a registration statement on Form F-10 in the United States with the U.S. Securities and Exchange Commission under the U.S./Canada Multijurisdictional Disclosure System, providing the Company the flexibility to be able to raise up to $150M, from time to time, over a 25-month period, should it choose to do so. The filing does not mean that Titan is issuing shares today. Rather, it establishes a flexible financing framework that allows the Company to access capital efficiently in the future to support growth initiatives, advance its U.S. graphite strategy and strengthen its balance sheet as market conditions warrant. As part of this framework, the Company has also established an "at-the-market" equity program under its Canadian Base Prospectus and Registration Statement that allows the Company to issue and sell, from time to time through sales agents, at prevailing market prices for up to $50M of its common shares from treasury to the public, at the Company's discretion. Any use of the ATM program would be entirely at Titan's discretion, with timing and volume determined based on market conditions, funding needs, and shareholder considerations. If utilized, proceeds from the ATM program would be used for working capital, growth initiatives, and general corporate purposes.