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Titan Mining Comments on Trading Activity at Request of IIROC
VANCOUVER, British Columbia, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) is issuing this press release in re
About this update from Titan Mining Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) is issuing this press release in response to a request from the Investment Industry Regulatory Organization of Canada (IIROC) to comment on the recent trading activity of its stock. Titan is not aware of any material, undisclosed information related to the Company that would account for the recent increase in the market price and level of trading volume of its common shares. Titan’s Executive Chairman, Richard Warke, has purchased 624,000 Titan common shares since September 22, 2021. Mr. Warke commented, “We have made enough progress at our Empire State Mine (ESM) to finally reward our shareholders with an inaugural dividend. The operations have continued to improve and, barring any dramatic fall in the price of zinc or interruption in production, ESM is projecting to have a strong finish to 2021 and a solid year of production in 2022.” About Titan Mining Corporation Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is built for growth, focused on value and committed to excellence. For more information on the Company, please visit our website at www.titanminingcorp.com. Contact For further information, please contact: Investor Relations: Email: [email protected] Cautionary Note Regarding Forward-Looking Information Certain statements and information contained in this new release constitute \"forward-looking statements\", and \"forward-looking information\" within the meaning of applicable securities laws (collectively, \"forward-looking statements\"). These statements appear in a number of places in this new release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including that ESM is projecting to have a strong finish to 2021 and anticipates a record production year in 2022. When used in this news release words such as “is projecting”, “anticipates” and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can g...