GOVERNOR, N.Y., Oct. 30, 2025 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI, OTCQB: TIMCF) (“Titan” or the “Company”), an existing producer of zinc concentrate in upstate New York and a new producer of natural flake graphite, a key component in the broader ecosystem of rare earth metals and critical minerals, today announced that preliminary approval from NYSE American LLC (“NYSE American”) to proceed with its planned listing on a U.S. stock exchange.
This initiative supports Titan's broader strategy to restore secure North American supply chains for critical materials, primarily natural flake graphite, a key raw material for the energy and defense sectors.
“Our listing on the New York Stock Exchange will expand Titan's access to a wider range of US investors who recognize the importance of rebuilding domestic manufacturing capacity,” he said. Rita Adiani, President and CEO of Titan Mining. “By expanding its zinc and natural graphite production in New York State, Titan is positioning itself as a cornerstone in America's critical materials and energy security ecosystem.”
As announced on October 27, 2025, Titan's Board of Directors approved the consolidation on the basis of one new share of Common Stock for every 1.5 shares of Common Stock existing (the “Consolidation”). The consolidation will bring Titan into compliance with U.S. market listing standards and will not affect the proportional ownership of any shareholders. Titan's common shares are expected to begin trading post-consolidation on the TSX and OTCQB when the markets open on November 3, 2025.
Following consolidation, final approval by NYSE American and the effectiveness of the company's registration statement on Form 40-F with the U.S. Securities and Exchange Commission, Titan expects its Common Stock to begin trading on NYSE American under the symbol “TII.”
Trading on the OTCQB under the symbol TIMCF will continue until the start of trading on the US NYSE. Trading on the Toronto Stock Exchange (“TSX”) will continue under the symbol “TI.”
Titan expects the listing on NYSE American to be completed by the third week of November 2025 (subject to bidding, regulatory approvals and government shutdowns affecting SEC filings).
Details of share consolidation
The consolidation has been approved by the TSX and the TSX plans to issue a bulletin to that effect today. Following the Consolidation, the new CUSIP number for the Common Shares will be 88831L202 and the new ISIN for the Common Shares will be CA88831L2021.
As part of the Consolidation, the 137,234,657 shares of Common Stock currently issued and outstanding will be consolidated into 91,489,771 Shares of Common Stock after the Consolidation. No fractional shares will be issued as part of the Consolidation. Following the Consolidation, each fractional share of less than one-half of one Common Share will be rounded up to the nearest whole share, and each fractional share of at least one-half of one Common Share will be rounded up to the nearest whole Common Share. The exercise price and number of shares of Common Stock issuable under any of the Company's outstanding options and warrants will be adjusted proportionately upon completion of the Consolidation.
On or about the effective date of the Consolidation, the Company's transfer agent, Computershare Investor Services, will send a letter of transmittal to shareholders of record with instructions to replace the certificates representing their Common Shares with replacement certificates representing the number of Post-Consolidation Common Shares to which they are entitled. A sample cover letter is also available on the company's SEDAR+ profile. Until such time of surrender, each certificate representing shares of Common Stock prior to the Consolidation will be deemed for all purposes to represent the number of shares of Common Stock to which its holder is entitled as a result of the Consolidation. Shareholders who hold their Common Shares in brokerage accounts or “street titles” are not required to take any action to effect an exchange of their Common Shares. Non-registered shareholders who hold their Common Shares through a bank, broker or other nominee and who have questions regarding how the Consolidation will proceed should contact their nominee.
About Titan Mining Corporation
Titan is an Augusta Group company that produces zinc concentrate from its 100% owned Empire State Mine located in New York State. Titan is also a new producer of natural flake graphite and plans to become the first integrated producer of natural flake graphite in the United States in 70 years. Titan's goal is to create shareholder value through operational excellence, development and exploration. We are strongly committed to developing critical mineral assets that enhance the security of our domestic supply chain. For more information about the company, visit our website at: www.titanminingcorp.com
Contacts for media and investors
Irina Kuznetsova
Director of Investor Relations
Phone: (778) 870-7735
E-mail: [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 at a number of places in this press release and include statements regarding our intentions, beliefs or the current expectations of our officers and directors, including that Titan will become a manufacturer of natural graphite flakes; Titan positions itself as a cornerstone of America's critical materials and energy security ecosystem; the expected timing and results of the American listing on the NYSE, including whether such a listing will occur at all; expected trading symbols; the expected timing and results of the Consolidation, including whether such Consolidation will occur at all; sending the cover letter and when it is sent; Words such as “to be,” “will,” “planned,” “expected,” “potential” and similar expressions used in this press release 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 as 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 differ materially from those anticipated in such forward-looking statements, including risks associated with increased capital and operating expenses; risks of shortages and fluctuations in the cost of equipment or materials; risks associated with fluctuations in zinc and graphite prices; the inherently dangerous nature of mining activities; the potential impact of New York State environmental regulations on our operations; risks associated with litigation; the risks that the Company may not qualify for listing on the New York Stock Exchange; financing approval risks; and risks associated with the operation of mining projects generally, as well as the risks, uncertainties and other factors identified in the Company's periodic reports filed with Canadian securities regulatory authorities. These forward-looking statements are based on various assumptions, including assumptions made regarding our projections and expected cash flows; our projected capital and operating costs; our expectations regarding the recovery of the mining and metals industries; mine life and production rates; that laws and regulations affecting mining activities will remain consistent; our approved business plans; our mineral resource estimates and PEA results; our experience working with regulatory authorities; political and social support for New York State's mining industry; our experience and knowledge of the New York State mining industry and our expectations regarding economic conditions and prices for zinc and graphite; demand for graphite; exploration results; ability to secure adequate funding (if necessary); maintaining the Company's current strategy and goals; speculation that the Company will seek listing on the NYSE; assumptions that the Company and EXIM will agree on financing terms; and the Company's ability to achieve its growth objectives. Although the Company believes these assumptions are reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we undertake no obligation to update or publicly announce the results of any changes 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 any other forward-looking statements. You should not place undue emphasis on forward-looking statements and should not rely on these statements as of any other date. All forward-looking statements contained in this press release are qualified in their entirety by this cautionary statement.
