VANCOUVER, British Columbia, Oct. 09, 2018 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI)
(“Titan” or the “Company”) today announced the appointment of three new directors to the
Company’s Board of Directors (the “Board”) – former Speaker of the House, John Boehner, former Chief Executive Officer of Arizona
Mining, James Gowans and investment banker, William Mulrow.
Mr. Boehner served as the 53rd Speaker of the United States House of Representatives from 2011 to 2015. A member
of the Republican Party, Mr. Boehner was the U.S. Representative from Ohio's 8th congressional district, serving from 1991 to 2015.
He previously served as the House Minority Leader from 2007 until 2011, and House Majority Leader from 2006 until 2007. Following
his career in government service, Mr. Boehner joined Squire Patton Boggs, a global law and public policy firm.
Mr. Gowans has more than 30 years' experience in mineral exploration, feasibility studies, construction and
operations, including at the Red Dog and Polaris mines. He was formerly President and CEO of Arizona Mining Inc., and Co-President
and EVP & COO of Barrick Gold. Prior roles include Managing Director of Debswana Diamond Company (Pty) Ltd., President & CEO of De
Beers Canada Inc., COO & SVP of International Nickel Indonesia tbk PT, and EVP of Placer Dome Inc.
Mr. Mulrow is a Senior Advisor at the Blackstone Group, an alternative asset manager. Previously, he was
Director of Global Capital Markets at Citigroup, Inc., Managing Director of Paladin Capital Group, Senior Vice President and Head
of New Product Development at Gabelli Asset Management (now GAMCO Investors), Managing Director in Corporate Finance for Rothschild
Inc., and Managing Director and Head of Public Finance Banking for Donaldson, Lufkin and Jenrette Securities Corporation.
Richard Warke, Executive Chairman, stated: “We welcome the addition of John, James and William to the Board.
These distinguished directors will enhance Titan’s profile in the U.S. and bring a wealth of mining and financial expertise to the
board as they did for Arizona Mining.”
About Titan Mining Corporation
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine (“ESM”) located in New
York State. ESM is a group of zinc mines which started production in the early 1900s. Titan is built for growth, focused on value
and committed to excellence. The company’s shares are listed under the symbol "TI" on the Toronto Stock Exchange. For more
information on the Company, please visit our website at www.titanminingcorp.com.
Contact
For further information, please contact:
Jerrold Annett – Senior Vice President, Corporate Development
Telephone: 416-366-5678 Ext. 207 | Email: jannett@titanminingcorp.com
Jacqueline Allison – Vice President, Investor Relations and Strategic Analysis
Telephone: 416-366-5678 Ext. 205 | Email: jallison@titanminingcorp.com
Cautionary Note Regarding Forward-Looking Information
This press release contains certain forward-looking statements. Words such as “expects”, “anticipates” and
“intends” or similar expressions are intended to identify forward-looking statements. Forward-looking information is necessarily
based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this
press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual
results, use of proceeds or timing of events to be materially different from those expressed or implied by such forward-looking
information, including but not limited to the factors described in greater detail in the “Risks and Uncertainties” section and
other sections of the Company’s Management’s Discussion and Analysis for the year ended December 31, 2017, available at
www.sedar.com. No securities regulatory authority has expressed an opinion about the securities described herein and it is an
offence to claim otherwise. Titan undertakes no obligation to publicly update or revise any forward-looking statements, whether as
a result of new information, future events or otherwise, except as may be required by law.