Titanium Corporation Announces Results of Annual and Special Meeting and Intention to Change Its Name to CVW CleanTech Inc.
09 Marzo 2022 - 9:42PM
Titanium Corporation Inc. (the "Company" or "Titanium")
(TSX-V: TIC) announces that shareholders voted in favour
of all items of business brought before them at the Company's
annual and special meeting (the "
Meeting") of
shareholders held yesterday. At the Meeting, the five nominees set
forth in the management information circular of the Company dated
January 27, 2022 were elected as directors of the Company: Darren
Morcombe (Chairman), John Brussa (lead independent director), Bruce
Griffin, John Kowal and Moss Kadey. In addition,
PricewaterhouseCoopers LLP, Chartered Professional Accountants,
were appointed as auditors of the Company. Shareholders also
approved and ratified the Company's stock option plan, deferred
share unit plan, restricted share unit plan.
Titanium is also pleased to announce that,
pursuant to the approval provided by its shareholders at the
Meeting, it intends to amend its articles to change its legal name
to CVW CleanTech Inc. The Company's board of directors and
shareholders have approved the corporate name change to CVW
CleanTech Inc. and completion of the name change is subject to the
receipt of all required regulatory approvals, including the
approval of the TSX Venture Exchange.
About Titanium Corporation
Titanium is a clean technology innovator focused on providing
solutions to the mining sector of Canada's oil sands industry.
Titanium Corporation's CVW™ technology provides sustainable
solutions to reduce the environmental footprint of the oilsands
industry. Our technology reduces the environmental impact of oil
sands froth treatment tailings, while economically recovering
valuable products that would otherwise be lost. CVW™ recovers
bitumen, solvents, heavy minerals and water from tailings,
preventing these commodities from entering tailings ponds and the
atmosphere: volatile organic compound and greenhouse gas emissions
are materially reduced; hot tailings water is improved in quality
for recycling; and residual tailings can be thickened more readily.
A new minerals industry would be created with the production and
export of zircon and titanium, essential ingredients in the
ceramics and pigment industries.
For further information, please contact:
Darren Morcombe |
Ingrid Meger |
Executive Chair |
Vice President Finance & CFO |
(+41) 79205 2687 |
(403) 862-8325 |
pr@titaniumcorporation.com |
imeger@titaniumcorporation.com |
|
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Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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