TORONTO, Sept. 8 /CNW/ - Titanium Corporation Inc. (TSX-V:TIC) ("the
Corporation") announced that the board of directors has approved issuance of
175,000 stock options to officers and a director of the Corporation. These
options are all exercisable at the price of C$1.98 per share for a period of
five years, pursuant to the Corporation's stock option plan and in accordance
with the policies of the TSX Venture Exchange.
About Titanium Corporation
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Titanium Corporation Inc. is a Canadian mineral development company whose
shares are listed on the TSX Venture Exchange under the symbol "TIC". The
Company's mission is to become the first titanium and zircon sand producer
from Canada's oil sands. Through extensive research, including the operation
of a pilot facility and the construction of portable processing facilities
utilized in on-site testing, the Company has developed proprietary technology
to recover valuable titanium-bearing minerals and zircon from oil sands
tailings. For more information, please visit our new website
www.titaniumcorporation.com .
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.
