Business
Senior mining and heavy oil executive joins Titanium Corporation Board
TORONTO, Nov. 19 /CNW/ - Titanium Corporation Inc. (TSX-V:TIC) today announced the appointment of...

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[{"type":"text","content":"\n\n\n\nTORONTO, Nov. 19 /CNW/ - Titanium Corporation Inc. (TSX-V:TIC) today\nannounced the appointment of C. Bruce Burton as a Director of the Corporation.\nMr. Burton is an experienced corporate executive with more than 25 years\nexperience in the natural resources sector.\n\n\nMr. Burton held senior management positions with BlackRock Ventures Inc.,\na heavy oil firm, and served as Director until its sale to Shell Canada in\n2006 for $2.4 Billion.\n\n\nFor the past four years Mr. Burton has been Vice President and Chief\nFinancial Officer of Dundee Precious Metals Inc. and a key member of the\nmanagement team that built the Company. During his extensive career in the\nmining industry, he has held executive positions with Rayrock Resources Inc.\nand Minera Rayrock Inc. (Vice President Finance and President), Camflo Mines\nInc. and Discovery West Inc.\n\n\nMr. Burton received an Honours degree in Business Administration from the\nUniversity of Western Ontario, a Masters of Business Administration from York\nUniversity and is a Chartered Accountant.\n\n\n"Bruce Burton brings extensive experience from the mining and oil\nindustries and exceptional financial expertise to the Board," says Titanium\nCorporation acting Chairman, Eric Slavens. "We are delighted to welcome him to\nthe new team as we continue to advance our oil sands heavy minerals recovery\nproject."\n\n\nTitanium Corporation also announces the retirement of Ron Arnold from the\nBoard of Directors. Mr. Arnold has been a Director for the past eight years\nand the Board wishes to thank him for his dedicated service.\n\n\nIn accordance with being appointed a Director of Titanium Corporation,\nMr. Burton has been issued 75,000 stock options exercisable at $2.00 per share\nfor a period of five years, subject to the Corporation's stock option plan and\nto regulatory approval.\n\n\nAbout Titanium Corporation\n\n\n--------------------------\n\n\nTitanium Corporation Inc. is a Canadian company developing a commercial\nminerals recovery project in the Fort McMurray, Athabasca oil sands region.\nThrough extensive research, including the construction and operation of pilot\nprocessing facilities, the Company has developed proprietary processes and\ntechnology to recover valuable titanium-bearing minerals and zircon from oil\nsands tailings. Titanium Corporation...