Titan Mining Corporation announced the closing of a USD 15 million senior secured credit facility with the Bank of Nova Scotia. On November 30, 2017, the Company announced that it had received a letter of commitment for the credit facility, of which USD 5 million would become available on closing, with the remainder available based on certain production milestones. The Company remains fully financed to commercial production at the Empire State Mines #4 mine, which is expected in the second quarter of 2018. The two-year revolving credit facility provides additional flexibility to advance the Company's business objectives over time.

The company also announced the appointment of Naomi Johnson as Vice President, Community Relations. Naomi Johnson joined Titan in April 2018. She is a global community relations executive, international development specialist and lawyer with 15 years of management experience in leadership positions across the private, public and not-for-profit sectors. Ms. Johnson was most recently a Partner and Senior Director of Community Relations at Barrick Gold. She has previously worked for Hatch, War Child Canada and the United Nations High Commissioner for Refugees. Ms. Johnson brings a broad perspective to the development of sustainable and approaches to stakeholder impact and risk management at Titan.