EDMONTON, ALBERTA--(Marketwire - Feb. 16, 2012) - Titanium Corporation Inc. (the "Company") (TSX VENTURE:TIC) today announced that it was recognized as a TSX Venture 50® company in 2012 in the category of Clean Technology.
The TSX Venture 50® are the top 10 companies listed on the TSX Venture Exchange, in each of the five major industry sectors - mining, oil & gas, technology & life sciences, diversified industries and clean technology - based on a ranking formula with equal weighting give to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2011.
Titanium Corporation has been selected from the more than 2,000 companies listed on the TSX Venture Exchange and has been invited to attend the TSX Venture 50 Spotlight Event on April 3rd, 2012 in Toronto where the Company will be profiled in front of the investment community. TSX Venture 50 is a trade-mark of TSX Inc. and is used under license.
For full details of the annual TSX Venture 50® Companies announced please visit the TSX Venture website at http://exchange.tmx.com/.
About Titanium Corporation Inc.
Titanium Corporation Inc. has developed technology to recover heavy minerals and hydrocarbons (bitumen and solvents) contained in the waste tailings streams from oil sands mining operations near Fort McMurray, Alberta. The potential benefits from this "Creating Value from Waste ™" proposition are twofold. First, the recovered bitumen and minerals will have intrinsic value and will provide shareholders with a source of revenue. Second, by using an integrated approach to recovering minerals and bitumen, there is potential for industry-wide environmental benefit. 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, 2011 on SEDAR (www.sedar.com). Most notably these risks include, but are not limited to risks associated with the advancement of research programs including operational or technical difficulties in connection with research activities; development timeline delays and problems, including unforeseen development costs; reliance on a small number of people, access to and cost of tailings, competition and intellectual property protection and changes to environmental laws and regulations.
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.