Titan Mining Delivers on Planned De-leveraging Strengthening Balance Sheet for Graphite Growth

Core Insights - Titan Mining Corporation has successfully made a final payment of $5.2 million to eliminate its credit facility with National Bank of Canada, enhancing its financial flexibility to advance its U.S. graphite strategy [1][2] - The company has reduced its net debt by approximately 60%, from $25.1 million as of September 30, 2025, to about $9.5 million as of December 31, 2025, following the repayment and a previously announced $15 million equity financing [2][4] - The remaining debt is primarily held by long-term strategic stakeholders, indicating a shift towards a more stable financial structure [2] Financial Summary - As of December 31, 2025, Titan's total debt stands at $27 million, with a current portion of $9.9 million and a non-current portion of $17.1 million [4] - The cash and cash equivalents amount to $17.5 million, resulting in a net debt of $9.5 million [4] - The previous net debt was $25.1 million as of September 30, 2025, highlighting a significant improvement in the company's financial position [4] Company Overview - Titan Mining Corporation is a zinc concentrate producer located in New York and is emerging as a natural flake graphite producer, aiming to be the first end-to-end producer of natural flake graphite in the USA in 70 years [6] - The company is committed to developing critical minerals assets to enhance the security of the domestic supply chain and deliver shareholder value through operational excellence [6]