Core Viewpoint - Titan Mining Corporation is accelerating its development to become the first end-to-end natural flake graphite producer in the U.S. in 70 years, supported by a US$15 million investment from a leading institutional equity investor [1][4]. Investment Details - The investment will be executed through a private placement of 6,666,666 special warrants at a price of US$2.25/C$3.10 per warrant [4][9]. - This funding, along with US$5.5 million from the U.S. EXIM Bank, positions Titan to expedite the completion of the Kilbourne Graphite Feasibility Study in 2026 and move towards construction [2][9]. Strategic Importance - The investment is seen as a strong endorsement of Titan's strategy to re-establish a domestic graphite supply chain, enhancing U.S. critical minerals security [4][8]. - Titan aims to deliver shareholder value through operational excellence and the development of critical minerals assets [8]. Warrant Structure - The warrants will be exercisable in two tranches, with 50% at a 35% premium and the remaining 50% at a 65% premium to the issue price [5][9]. - The company has the option to call the warrants if its common shares trade above 150% of the exercise price for 15 trading days within any 30-day period [6][9].
Titan Mining Receives US$15 Million Investment from a leading Institutional Investor to Accelerate U.S Graphite Development in New York
Globenewswire·2025-12-16 12:08