Titan Announces Appointment of New President; Strengthening Leadership in Advancing the U.S. Domestic Supply of Critical Materials
26 September 2024 - 12:00PM
Titan Mining Corporation (TSX:TI) (OTCQB:TIMCF)
(“
Titan” or the “
Company”)
announces the appointment of Rita Adiani as President of the
Company.
Ms. Adiani has over 18 years of global
experience in the mining industry, with a proven track record in
capital markets, project development, and corporate leadership. She
was previously Senior Vice President of Corporate Development at
Arizona Sonoran Copper Company and has held senior roles at firms
such as NRG Capital, La Mancha Resources and Societe Generale in
London and Paris, respectively. She also served as Senior Adviser
to International Battery Metals and has specific experience in the
energy transition sector. Over her career, Ms. Adiani has been
involved in raising over US$10 billion in public equity capital
markets.
Don Taylor, Chief Executive Officer of Titan,
commented, “We are pleased to have Rita join the Titan team. Ms.
Adiani’s extensive experience in the mining sector, as well as
global capital markets, positions her to play an instrumental role
in unlocking the graphite potential at Empire State Mines (“ESM”).
Currently there are no stable, secure, domestic suppliers of
natural flake graphite in the United States. Titan’s Kilbourne
graphite project has near surface potential with a substantial
portion of the targeted resource on fully permitted land, and we
believe ESM could be a key player in the securing a stable supply
of critical materials.”
A graduate of the University of Oxford and the
University of Sheffield, Ms. Adiani is a qualified solicitor of the
Supreme Court of England & Wales (non-practicing), with
additional qualifications in ESG investing and Mining
Engineering.
Ms. Adiani will be starting in her new role as
President of the Company in mid-October 2024.
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. The Company is focused on value creation and operating
excellence, with a strong commitment to developing critical mineral
assets that enhance the security of the U.S. supply chain. For more
information on the Company, please visit our website at
www.titanminingcorp.com.
Contact
For further information, please contact:
Investor
Relations:Email: info@titanminingcorp.com
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 news release and
include statements regarding our intent, or the beliefs or current
expectations of our officers and directors, including Ms. Adiani’s
extensive experience in the mining sector, as well as global
capital markets, positions her to play an instrumental role in
unlocking the graphite potential at ESM; we believe ESM could be a
key player in the securing a stable supply of critical materials;
Ms. Adiani’s expected start-date with the Company; the Company has
continued to mine and stockpile ore underground which the Company
anticipates will enable the Company to meet its annual production
guidance for the year. When used in this news release words such as
“to be”, "will", "planned", "expected", "potential", 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 give no assurance that such
expectations will prove to be correct. These statements involve
known and unknown risks, uncertainties and other factors that may
cause actual results or events to vary materially from those
anticipated in such forward-looking statements, including the
risks, uncertainties and other factors identified in the Company's
periodic filings with Canadian securities regulators. Such
forward-looking statements are based on various assumptions,
including assumptions made with regard to the graphite potential at
ESM; the ability to advance exploration efforts at ESM; the results
of such exploration efforts; the ability to secure adequate
financing (as needed); the Company maintaining its current strategy
and objectives; and the Company’s ability to achieve its growth
objectives. While the Company considers these assumptions to be
reasonable, based on information currently available, they may
prove to be incorrect. Except as required by applicable law, we
assume no obligation to update or to publicly announce the results
of any change to any forward-looking statement contained herein to
reflect actual results, future events or developments, changes in
assumptions or changes in other factors affecting the
forward-looking statements. If we update any one or more
forward-looking statements, no inference should be drawn that we
will make additional updates with respect to those or other
forward-looking statements. You should not place undue importance
on forward-looking statements and should not rely upon these
statements as of any other date. All forward-looking statements
contained in this news release are expressly qualified in their
entirety by this cautionary statement.
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