Business
Titanium Corporation Inc. announces retirement of chairman
Titanium Corporation Inc. announces retirement of chairman.
About this update from Cvw Sustainable Royalties Inc.
[{"type":"text","content":"\n\n\n\nInterim Chairman appointed\n\n\nTORONTO, Aug. 20 /CNW/ - Titanium Corporation (TSX.V:TIC) (the "Company")\ntoday announced that following an eight year term of leadership and dedicated\nservice, Chairman and Director George D. Elliott is retiring effective\nAugust 31, 2007. Eric W. Slavens, the Company's Lead Independent Director and\nAudit Chair, will act as Interim Chairman until a new Chairman is appointed by\nthe Board of Directors.\n\n\nMr. Elliott has been instrumental in conceiving the strategy to recover\ntitanium and zircon from Canada's vast oil sands resource, marshalling\nresources and leading the development of Titanium Corporation's heavy mineral\nrecovery project.\n\n\n"Throughout the early days of research; to the construction of our world\nclass pilot facilities, to the current on-site testing; developing a new\nminerals resource for Canada has been an exciting and gratifying journey,"\nsays Mr. Elliott. "I wish Titanium Corporation continued success as the\nproject advances."\n\n\nOn behalf of all shareholders, the Board wishes to recognize and thank\nMr. Elliott for his vision, leadership and many contributions to Titanium\nCorporation's progress.\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's technology could be applied to existing\nand planned mined oil sands projects with the objective of creating a new\nsustainable minerals industry for Canada. Titanium Corporation Inc. shares\ntrade on the Toronto Venture Exchange (TSX.V) under the symbol TIC. For more\ninformation, please visit our website www.titaniumcorporation.com.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy and accuracy of this release.\n\n\n","length":2246,"tagName":"div"}]