Titanium Corporation

Edmonton, Canada

Titanium Corporation

Edmonton, Canada
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CALGARY, ALBERTA--(Marketwired - July 7, 2017) - Titanium Corporation Inc. ("Titanium" or the "Company") (TSX VENTURE:TIC) is pleased to announce that the Company's project "Reducing Methane Emissions and Other Environment Impacts from Oil Sands Tailings and Ponds - Deployment of Sustainable Technology ("Project")" is a successful applicant in ERA's Methane Challenge. Titanium is working with Canadian Natural Resources Limited ("Canadian Natural") to conduct engineering design for an oil sands tailings treatment system that eliminates certain tailings streams while recovering bitumen, solvent, and high-value minerals. By preventing solvent and bitumen release, the vast majority of methane emissions from mined oil sands operations can be reduced. The technology is targeted at froth treatment tailings, which are estimated to be responsible for more than 90% of methane emissions from tailings ponds. Results from the Canadian Natural-sponsored project will be applicable to other large oil sands mines and results will be shared and disseminated through Canada's Oil Sands Innovation Alliance. The Company's Project has been approved for funding of up to the lessor of $5,000,000 Canadian Dollars or 50% of the total eligible Project expenses. ERA's funding approval is subject to written confirmation by August 31, 2017 that all other sources of funding for the project have been secured and successful negotiation by September 29, 2017 of a Contribution Agreement with ERA on terms satisfactory to ERA. "We are gratified that ERA has selected our Company for funding and are excited about the potential for a first commercial implementation of our Creating Value from Waste™ technology," commented Scott Nelson, Titanium's President and Chief Executive Officer. "Our team is working closely with Canadian Natural to meet the timelines and conditions set by ERA and move forward with engineering design". Titanium Corporation's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. The Company's technology reduces the environmental impact of oil sands tailings while economically recovering valuable products that would otherwise be lost. CVW™ recovers bitumen, solvents and 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 Venture Exchange under the symbol "TIC". For more information, please visit the Company's website at www.titaniumcorporation.com. This press release contains forward-looking statements. More particularly, this press release contains statements concerning the potential for a first commercial implementation of the Company's technology. Although the Company believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. 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.


News Article | May 31, 2017
Site: www.marketwired.com

CALGARY, ALBERTA--(Marketwired - May 31, 2017) - Titanium Corporation Inc. ("Titanium" or the "Company") (TSX VENTURE:TIC) announces that it has issued restricted share units of the Company ("RSUs") and deferred share units of the Company ("DSUs") under each of the Company's shareholder approved restricted share unit plan (the "RSU Plan") and deferred share unit plan (the "DSU Plan"), respectively. The Company issued an aggregate of 30,132 RSUs to certain officers of the Company under the RSU Plan in settlement of $28,625 of compensation owing to such officers for the quarter ended May 31, 2017. The RSUs vest immediately and entitle the holder to acquire one common share (a "Common Share") of the Company underlying each such RSU by delivering a notice of acquisition to the Company and paying the required award price and withholding taxes, all in accordance with the RSU Plan. Additionally, the Company issued an aggregate of 67,895 DSUs to non-executive directors under the DSU Plan in settlement of $64,500 of directors' compensation for the quarter ended May 31, 2017. The DSUs are to be settled in Common Shares when the director retires from all positions with the Company. In accordance with each of the RSU Plan and the DSU Plan, the RSUs and DSUs were priced based on the weighted average price per Common Share at which the Common Shares traded on the TSX Venture Exchange during the last five trading days preceding the issuance. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities in any jurisdiction. The Common Shares of Titanium will not be and have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States, or to a U.S. person, absent registration or an applicable exemption therefrom. Titanium Corporation's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. The Company's technology reduces the environmental impact of oil sands tailings while economically recovering valuable products that would otherwise be lost. CVW™ recovers bitumen, solvents and 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 Venture Exchange under the symbol "TIC". For more information, please visit the Company's website at www.titaniumcorporation.com. This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated form of settlement of the DSUs and the RSUs. Although the Company believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. 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.


News Article | July 25, 2017
Site: www.marketwired.com

CALGARY, ALBERTA--(Marketwired - July 25, 2017) - Titanium Corporation Inc. ("Titanium" or the "Company") (TSX VENTURE:TIC) announces that it has issued restricted share units of the Company ("RSUs") and stock options of the Company ("Options") under each of the Company's shareholder approved restricted share unit plan (the "RSU Plan") and stock option plan (the "Option Plan"), respectively. The Company issued 108,759 RSUs to Dr. Kevin Moran, Executive Vice-President & Chief Technology Officer, in settlement of $149,000 of deferred compensation owing to him. The RSUs vest immediately and entitle him to acquire one common share of the Company (a "Common Share") underlying each such RSU by delivering a notice of acquisition to the Company and paying the required award price and withholding taxes, all in accordance with the RSU Plan. Also in accordance with the RSU Plan, the RSUs were priced based on the closing price of the Common Shares of the Company on the TSX Venture Exchange on July 25, 2017. Additionally, the Company issued 200,000 Options to Mr. Niel Erasmus, Vice President, Mineral Sands, in accordance with the Option Plan. The Options are exercisable at a price of $1.37 per Common Share (being equal to the closing price of the Common Shares of the Company on the TSX Venture Exchange on July 25, 2017), expire in five years and vest over a period of 36 months with 1/3 of the Options vesting at the end of the twelve, twenty-four and thirty-six month periods following the date of grant. Titanium Corporation's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. The Company's technology reduces the environmental impact of oil sands tailings while economically recovering valuable products that would otherwise be lost. CVW™ recovers bitumen, solvents and 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 Venture Exchange under the symbol "TIC". For more information, please visit the Company's website at 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.


News Article | July 18, 2017
Site: www.marketwired.com

CALGARY, ALBERTA--(Marketwired - July 18, 2017) - Titanium Corporation Inc. (the "Company" or "Titanium") (TSX VENTURE:TIC) today released its results for the third quarter ended May 31, 2017. The Company is achieving major steps toward the first commercial implementation of its technology at an oil sands site, working closely with industry and government, arranging funding from government programs and bolstering its management team. On July 7, 2017, the Alberta Government announced the award of a $5 million grant from Emissions Reduction Alberta ("ERA") to fund approximately 50% of design engineering costs toward implementation of the Company's technology at Canadian Natural Resources Limited's Horizon oil sands site. "We are very excited to be working with Canadian Natural and pleased with the government support we have been receiving," commented Scott Nelson, Titanium's President and Chief Executive Officer. "Our team is working closely with Canadian Natural to meet the timelines and conditions set by ERA and move ahead with engineering design, a key step forward in commercialization of our technology." The following are highlights and announcements during the first three quarters of the year and subsequent months: Titanium is focused on achieving long-term financial success by commercializing its innovative CVW™ technologies and achieving a first commercial project. The Company's successful rights offering and loan repayment enables continued progress towards commercial success. However, until a commercial investment is made the Company expects to incur losses. With the completion of extensive pilot testing on its CVW™ technology, research & development ("R&D") investment has been substantially reduced as the Company focuses its resources on commercialization. Net Loss - Net loss for the three month period ended May 31, 2017 was $0.7 million compared to $0.8 million for the three month period ended May 31, 2016. The decrease in net loss by $0.1 million relates primarily to lower deferred financing costs in the current period associated with the loan outstanding in the corresponding period in 2016. Titanium's net loss for the period is in line with expectations as a development stage company. Research & Development ("R&D") - For the three month period ended May 31, 2017, R&D spending was $0.2 million and consisted primarily of compensation for technical staff and rent, equipment storage fees, and patent filing and maintenance fees. R&D spending was consistent at $0.2 million with the corresponding period in 2016. Until a commercial arrangement is reached, R&D expenses in future quarters will be modest. General & Administrative ("G&A") - G&A expense was $0.4 million for the three month period ended May 31, 2017 a decrease of $0.1 million compared the three month period ended May 31, 2016 related to lower stock option expense incurred in the current quarter. Included in the quarterly G&A expenses are non-cash items of $0.2 million for stock based compensation and equity settled compensation which was lower by $0.1 million for the three month period in the corresponding period of $0.3 million. Cash Position - The Company had $4.8 million in cash at May 31, 2017 as compared to $0.6 million at August 31, 2016 after expenses from the financing and other operating expenses incurred to support progress towards commercialization. The closing of the fully subscribed rights offering on December 19, 2016 included the receipt of $6.5 million from the issuance of 13,069,062 common shares and the repayment of $1.0 million of the outstanding loan facility and extinguishment of the Company's debt obligations. To view the Company's management discussion and analysis and interim condensed financial statements for the three and nine month periods ended May 31, 2017, please visit our website at www.titaniumcorporation.com or SEDAR at www.sedar.com. 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. 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 18, 2017 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.


News Article | June 12, 2017
Site: www.marketwired.com

CALGARY, ALBERTA--(Marketwired - June 12, 2017) - Titanium Corporation Inc. ("Titanium" or the "Company") (TSX VENTURE:TIC) is pleased to announce the following promotion and new appointment to the Company's management team. Kevin Moran is promoted to the role of Executive Vice-President & Chief Technology Officer. In this role, Dr. Moran will be responsible for developing the Company's technology, focusing where we believe we can create the greatest value for our customers and shareholders. He oversees the Company's technology development initiatives, IP programs and works closely with our customers, planning emerging projects at oil sands sites. Dr. Moran previously served as the Company's Vice President, Process Development, where he was instrumental in the creation of Titanium's industry leading CVW™ technologies, designed to recover valuable commodities from oil sands tailings and reduce environmental impacts. Prior to joining Titanium, Dr. Moran held senior research positions with Syncrude Canada. He holds a Ph.D. in Chemical Engineering from the University of Alberta and an MBA from Queens University. Niel Erasmus has re-joined the Company in the newly created position of Vice President, Mineral Sands, where he will be responsible for the engineering, construction, staffing and operations of mineral sands facilities. Niel will work closely with oil sands customers and engineering firms to ensure the optimal recovery of valuable minerals from oil sands tailings and maximize value for customers and our Company. A professional engineer and metallurgist, Niel brings extensive experience in both the oil sands and mineral sands industries. He most recently served as an oilsands project manager for an international engineering firm and previously led our Company's technology development and piloting programs. Niel started his career in the mineral sands industry in South Africa, where he held increasingly responsible technical and management positions with a major minerals sands producer. "We are very pleased to welcome Niel back to our team and to recognize Kevin's major contributions to our Company," commented Scott Nelson, Titanium's President and Chief Executive Officer. "They will be focusing on planning the commercialization of our CVW™ technology at oil sands sites, working closely with our industry partners and customers. Their combined experience positions our Company to provide outstanding service to customers and create value for our shareholders." Titanium Corporation's CVW™ technology provides sustainable solutions to reduce the environmental footprint of the oil sands industry. The Company's technology reduces the environmental impact of oil sands tailings while economically recovering valuable products that would otherwise be lost. CVW™ recovers bitumen, solvents and 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 Venture Exchange under the symbol "TIC". For more information, please visit the Company's website at 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.


Separation methods for producing an extract and a raffinate from a solvent extraction feed material, wherein the feed material is derived from a process for recovering bitumen from oil sands. The methods may include producing an intra-stage recycle component from an overflow zone of a solvent extraction stage and recycling the intra-stage recycle component to the solvent extraction stage, and/or the methods may include providing an underflow component withdrawal rate for a solvent extraction stage other than a final solvent extraction stage which is greater than an underflow component withdrawal rate for the final solvent extraction stage.


Separation methods for producing an extract and a raffinate from a solvent extraction feed material, wherein the feed material is derived from a process for recovering bitumen from oil sands. The methods may include producing an intra-stage recycle component from an overflow zone of a solvent extraction stage and recycling the intra-stage recycle component to the solvent extraction stage, and/or the methods may include providing an underflow component withdrawal rate for a solvent extraction stage other than a final solvent extraction stage which is greater than an underflow component withdrawal rate for the final solvent extraction stage.


Patent
Titanium Corporation | Date: 2011-05-11

An apparatus and a method for separating diluted tailings containing a hydrocarbon diluent into a recovered diluent component and a diluent recovered tailings component. The method includes introducing the diluted tailings into a diluent recovery vessel so that they form a tailings pool in the diluent recovery vessel, introducing an amount of stream directly into the tailings pool, mixing the diluted tailings which are contained in the tailings pool, and maintaining the diluted tailings in the diluent recovery vessel for a residence time. The apparatus includes a diluent recovery vessel having a tailings pool section, a steam distributor located in the tailings pool section, and a mixing device associated with the tailings pool section.


A method for processing a heavy mineral concentrate obtained from froth treatment tailings to produce a zirconium concentrated product, including subjecting the heavy mineral concentrate to froth flotation, subjecting a flotation product to initial gravity separation, subjecting an initial gravity separation product to primary dry separation, subjecting a primary dry separation product to finishing gravity separation, and subjecting a finishing gravity separation product to finishing dry separation to produce a finishing dry separation product as the zirconium concentrated product.


Patent
Titanium Corporation | Date: 2011-05-11

An apparatus and a method for separating diluted tailings containing a hydrocarbon diluent into a recovered diluent component and a diluent recovered tailings component. The method includes introducing the diluted tailings into a diluent recovery vessel so that they form a tailings pool in the diluent recovery vessel, introducing an amount of stream directly into the tailings pool, mixing the diluted tailings which are contained in the tailings pool, and maintaining the diluted tailings in the diluent recovery vessel for a residence time. The apparatus includes a diluent recovery vessel having a tailings pool section, a steam distributor located in the tailings pool section, and a mixing device associated with the tailings pool section.

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