Core Viewpoint - Titan Mining Corporation has secured a credit agreement with the Export-Import Bank of the United States for up to US$15.8 million to support capital development at its Empire State Mines, highlighting the importance of domestic critical mineral production [1][2]. Financial Agreements - The EXIM Facility provides funding for critical capital development, supporting current operations and planned expansion at the underground zinc mine in New York [1]. - Titan has also entered into a credit agreement with Augusta Investments Inc. for US$16.5 million, which includes advances made in 2024 [5]. - The EXIM Facility has a competitive interest rate of approximately 4.91% per annum, with an effective interest rate of about 7% after accounting for fees [6]. Job Creation and Economic Impact - The EXIM Facility is expected to retain 135 jobs and create 10 new positions in compliance with domestic employment requirements [6]. - The financing is aimed at enhancing long-term production capacity and supporting operational growth, contributing to job creation in upstate New York [4]. Strategic Importance - This transaction marks EXIM's first direct mining investment under its Make More in America Initiative, emphasizing the strategic importance of domestic critical mineral production [2]. - Titan's partnership with EXIM is seen as a step towards advancing U.S. supply chain security and critical minerals independence [4]. Debt Restructuring - The Augusta Facility will bear an interest rate of 8% per annum, with repayments beginning in 2026 over three years [6][8]. - The agreement with Augusta is considered a related party transaction, approved by the Company's board, ensuring compliance with relevant regulations [9]. Company Overview - Titan Mining Corporation operates the Empire State Mine in New York and is also targeting to become the USA's first end-to-end producer of natural flake graphite in 70 years [10]. - The company is committed to developing critical minerals assets to enhance the security of the domestic supply chain [10].