GOUVERNEUR, N.Y., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI, NYSE-A:TII), NYSE-A:TII), ("Titan" or the "Company") an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer (a key component of the broader rare earths and critical minerals ecosystem), announced today a US$15 million investment from a leading institutional equity investor, strengthening the Company's balance sheet and accelerating development of its Kilbourne Graphite Project ("Kilbourne") in New York State.
The investment, together with the previously announced US$5.5 million U.S. EXIM Bank support, positions Titan to fast-track completion of the Kilbourne Graphite Feasibility Study in 2026 and advance the project toward construction.
Highlights
US$15 million strategic investment by way of private placement of Special Warrants from a leading institutional investor at US$2.25/C$3.10 per Special Warrant (the "Offering").
Accelerates feasibility and development of one of the most advanced U.S. natural graphite projects
Structured to align investor upside with a meaningful increase in Titan's share price
Warrants exercisable in two equal tranches at 35% and 65% premiums to the issue price
Company-controlled features designed to optimize further access to funding as valuation advances
"This investment from a top-tier institutional investor is a clear endorsement of Titan's strategy to re-establish a domestic graphite supply chain," said Rita Adiani, President & CEO of Titan. "With this support, we can accelerate development of the Kilbourne Graphite Project and advance our mission of strengthening U.S. critical minerals security."
The investment will be completed through a private placement of 6,666,666 special warrants (each a "Special Warrant") at a price equal to US$2.25/C$3.10 per Special Warrant (the "Issue Price"). Each Special Warrant will entitle the holder, for no additional consideration and upon the satisfaction of certain conditions, to receive one common share ("Common Share") of the Company and one common share purchase warrant (the "Warrant").
Maxim Group LLC is acting as the exclusive placement agent in connection with the Offering.
The Warrants will be exercisable for up to three years in two tranches with 50% of the Warrants exercisable at a 35% premium to the Issue ...
