CVW Cleantech Inc Com V.TIC

News Release

[diggin4aliving]

Not sure if this was posted. Titanium announces Receipt of payment from Natural Resources Canadas Clean Growth Program for the First Engineering Phase Milestone of the CVW Horizon Project Calgary, Alberta March 31, 2021 Titanium Corporation Inc. ("Titanium" or the "Company") (TSXV: TIC) today announced the completion and payment of the first milestone of $353,000 ($392,000 less a 10% holdback) from Natural Resources Canadas (NRCan) Clean Growth Program, for the engineering phase of the CVW Horizon Project. The NRCan payment is the first under the $1.96 million NRCan Non-Repayable Contribution Agreement previously announced on January 19, 2021 and is with respect to the period April 1, 2020 to December 31, 2020. The 2020 engineering phase was conducted jointly by Titanium and Canadian Natural Resources Limited under the 2020 Project Coordination Agreement previously announced on December 22, 2020. The Clean Growth Program is a Government of Canada collaborative approach to advance clean technologies toward commercial readiness so that natural resources operations can better reduce their impacts on air, land, and water, while enhancing competitiveness and creating jobs. Titanium has also been awarded funding for the CVW Horizon Project by Sustainable Development Technology Canada, Emissions Reduction Alberta and Environment and Climate Change Canadas Low Carbon Economy Fund.