Business
Titan Mining Closes US$15 Million Institutional Financing to Advance U.S. Graphite Strategy
GOUVERNEUR, N.Y., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI, NYSE-A:TII), (“Titan” or the “Company”) an existing zinc concentrate...
About this update from Titan Mining Corp.
[{"type":"image","alt":"Titan Mining Corporation","displaySize":"","headline":null,"caption":"Titan Mining Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":56,"url":"https://media.zenfs.com/en/globenewswire.com/fc84b5559747626a054e3f5a0b82bbfe"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/RFb6JqVZ0Xy5vaSI2EXR6Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTc4O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/fc84b5559747626a054e3f5a0b82bbfe","width":300,"height":56}},"lazy":false},{"type":"text","content":"GOUVERNEUR, N.Y., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI, NYSE-A:TII), (“Titan” or the “Company”) an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer (a key component of the broader rare earths and critical minerals ecosystem), has closed its previously announced US$15 million private placement (the “Offering”), providing the Company with additional financial flexibility to advance the Kilbourne Graphite Project (“Kilbourne”) and execute on its U.S. graphite growth strategy.","length":561,"tagName":"p"},{"type":"text","content":"“This financing puts Titan in a strong position to move Kilbourne forward with clarity and momentum,” said Rita Adiani, President & CEO of Titan Mining. “With this capital supporting the next phase, our priority is advancing feasibility work and continuing to build a scalable, U.S.-based natural graphite platform aligned with critical supply-chain needs.”","length":361,"tagName":"p"},{"type":"text","content":"The Offering was completed through the issuance of 6,666,666 special warrants (each, a “Special Warrant”) at a price of US$2.25/C$3.10 per Special Warrant, for gross proceeds of approximately US$15 million. Each Special Warrant will, upon satisfaction of certain conditions and for no additional consideration, automatically convert into one common share of the Company and one common share purchase warrant (each, a “Warrant”).","length":428,"tagName":"p"},{"type":"text","content":"Maxim Group LLC acted as exclusive placement agent in connection with the Offering.","length":83,"tagName":"p"},{"type":"text","content":"Each Warrant will be exercisable for a period of up to three years following issuance, with 50% of the Warrants exercisable at a 35% premium to the Issue Price and the remainin...