Titan Mining Corp. announces the results for the quarter ended March 31, 2023. Don Taylor, President and Chief Executive Officer of Titan, commented, "Titan's ESM operations had an outstanding beginning to 2023 with a solid first quarter hitting or exceeding targets for the major metrics in safety and production while continuing to pay a quarterly dividend. Development planning and execution as well equipment purchases [...]
Titan Mining Corp. announces the results for the year ended December 31, 2022. Don Taylor, President and Chief Executive Officer of Titan, commented, "Titan finished 2022 with a strong fourth quarter in both safety and production. Costs and grade returned to budgeted levels during the quarter which helped deliver a record 52.2 million payable zinc pounds produced at ESM. The decision to move forward with [...]
Titan Mining Corp. announces that its Board of Directors has declared a quarterly cash dividend of C$0.01 per common share for an aggregate distribution of approximately C$1.4 million based on the current number of shares outstanding. This represents a C$0.04 dividend on an annualized basis and an annual dividend yield of 6.5% based on Titan's closing share price on the TSX on March 6, 2023, of C$0.61. This quarterly [...]
Titan Mining Corp. announces that it has entered into a fixed zinc pricing arrangement for approximately 30% of the Company's forecasted zinc production for the remainder of 2023. The arrangement is for an eleven-month period covering February 2023 to December 2023 at a price of $1.55 per pound of zinc. Don Taylor, President and CEO, commented, "Fiscal Year 2022 was a record year for production at Titan's Empire State [...]
Titan Mining Corp. is pleased to provide an update on recent drill results from a newly discovered zone of near-mine mineralization at the Company's 100% owned Empire State Mine in upstate New York. The newly identified mineralized zone lies in close proximity and between the Company's New Fold and Mahler ore bodies, which are areas of current major production for the Company. Significant mineralized intercepts include [...]
Titan Mining Corp. is pleased to release preliminary fourth quarter and full year 2022 production results and provide 2023 operating, capital and exploration expenditure guidance . The Company also announces that it will begin construction on the Sphaleros project. 2022 Highlights Improved safety performance year over year with total recordable injury rate below the national average Produced a record 52.5 million payable [...]
Titan Mining Corp. announces it has extended the maturity date of its US$40 million credit facility with National Bank of Canada . The maturity date of the Company's revolving credit facility has been extended from December 6, 2023 to December 6, 2024. Concurrently, the guarantee provided by the Company's Executive Chairman through Augusta Investments Inc. and its related entity was also extended to December 6, 2024. Don [...]
Titan Mining Corp. announces that its Board of Directors has adopted a policy to declare a quarterly cash dividend of C$0.01 per common share. In line with this policy, the Company's Board of Directors has declared a cash dividend of C$0.01 per common share for the fourth quarter of 2022 for an aggregate quarterly distribution of approximately C$1.4 million based on the current number of shares outstanding. The Q4 2022 [...]
Titan Mining Corp. today announces the results for the third quarter ended September 30, 2022. "Titan continued to build momentum in the third quarter with key metrics achieved in safety and production. While costs were up slightly and grade below budget for the period, continued development into Q4 will ensure a record year for ESM. Also, during the quarter ESM received key permits that will allow operations to expand [...]
Titan Mining Corp. announces that its Board of Directors has declared a special cash dividend of C$0.01 per common share for an aggregate distribution of approximately C$1.4 million based on the current number of shares outstanding. The Dividend is payable on October 14, 2022, to shareholders of record as of the close of business on September 29, 2022. Don Taylor, President and CEO, commented, "The dividend payable to our [...]
Titan Mining Corp. is pleased to announce that its common shares have been approved for trading on the OTCQB Venture Market effective today. The Company's U.S. OTCQB listing will trade under the ticker symbol "TIMCF" while the Company's primary Canadian Listing will continue to trade on the Toronto Stock Exchange under the symbol "TI". Don Taylor, President & CEO of Titan, commented, "Listing Titan on the OTCQB not only [...]
Titan Mining announces that its Empire State Mines has received the permit from New York State Department of Environment and Conservation, allowing it to begin mining activities on the Sphaleros open pit mine project. General Manager, Joel Rheault commented "We are pleased that NYSDEC has recognized the thoroughness of our plan as well as our commitment to sustainable and responsible development. Completion of this [...]
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