Titan Mining Files for Up to $150M Financing
Titan Mining Corporation has filed a base shelf prospectus in Canada dated January 27 and a registration statement on Form F-10 in the United States with the U.S. Securities and Exchange Commission under the U.S./Canada Multijurisdictional Disclosure System, providing the Company the flexibility to be able to raise up to $150M, from time to time, over a 25-month period, should it choose to do so. The filing does not mean that Titan is issuing shares today. Rather, it establishes a flexible financing framework that allows the Company to access capital efficiently in the future to support growth initiatives, advance its U.S. graphite strategy and strengthen its balance sheet as market conditions warrant. As part of this framework, the Company has also established an "at-the-market" equity program under its Canadian Base Prospectus and Registration Statement that allows the Company to issue and sell, from time to time through sales agents, at prevailing market prices for up to $50M of its common shares from treasury to the public, at the Company's discretion. Any use of the ATM program would be entirely at Titan's discretion, with timing and volume determined based on market conditions, funding needs, and shareholder considerations. If utilized, proceeds from the ATM program would be used for working capital, growth initiatives, and general corporate purposes.
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- Company Overview: Titan Mining Corp is highlighted in the news for its recent activities and developments.
- Analyst Rating: H.C. Wainwright has issued a "Buy" rating for Titan Mining Corp, indicating positive expectations for the company's performance.
- Target Price: The target price set for Titan Mining Corp's stock is $6.50, suggesting potential growth from its current valuation.
- Market Implications: The positive rating and target price may influence investor interest and market dynamics surrounding Titan Mining Corp.
- Financing Support: Titan Mining has secured up to $5.5 million in non-dilutive financing through an amended credit agreement with the U.S. Export-Import Bank to support feasibility studies at its Kilbourne graphite project in New York, which is expected to accelerate resource drilling and engineering programs.
- Strategic Importance: This financing marks the first feasibility study support issued by U.S. EXIM for a domestic critical minerals project, highlighting federal commitment to rebuilding U.S. graphite supply chains and reinforcing Titan's position in the critical minerals sector.
- Project Advancement: The funding will enable Titan to complete the Kilbourne feasibility study by 2026, paving the way for future project financing indications of $120 million, thereby enhancing the company's competitive edge in the market.
- Interest Rate Advantage: The financing features a fixed interest rate of approximately 4.77% per annum, with interest-only payments for the first 24 months followed by a 5-year repayment period, which will support Titan's ongoing development in the critical minerals space.
- Successful Financing: Titan Mining has closed a $15 million private placement, issuing 6,666,666 special warrants, which will fund the advancement of the Kilbourne graphite project and enhance the company's competitiveness in the critical minerals sector.
- Project Advancement: This financing will support the company's establishment of a scalable U.S.-based natural graphite platform, prioritizing feasibility studies to align with critical supply chain needs, thereby improving market positioning.
- Market Positioning: Titan aims to become the first end-to-end producer of natural flake graphite in the U.S. in 70 years, reinforcing its role in the rare earths and critical minerals ecosystem to meet growing market demand.
- Strategic Implications: This financing not only provides Titan with financial flexibility but also advances its commitment to domestic supply chain security, aiding the company in achieving its long-term growth objectives.

- Capital Injection: Titan Mining secures a $15 million investment from a leading institutional investor, strengthening its balance sheet and accelerating the development of the Kilbourne Graphite Project in New York, which is expected to facilitate the project's feasibility study completion in 2026.
- Project Advancement: This investment, combined with the previously announced $5.5 million support from the U.S. EXIM Bank, positions Titan to fast-track the construction of the Kilbourne project, further solidifying its role in the rare earths and critical minerals ecosystem.
- Special Warrants: The investment is structured through a private placement of 6,666,666 special warrants at $2.25 each, allowing holders to receive common shares and warrants upon meeting specific conditions, thereby enhancing potential returns for investors.
- Market Outlook: Titan aims to become the first end-to-end producer of natural flake graphite in the USA in 70 years, demonstrating a strong commitment to critical mineral assets that enhance domestic supply chain security and meet the growing market demand.

- Project Launch: Titan Mining has commenced ore feeding at its Kilbourne graphite demonstration facility, marking the first restoration of U.S. natural flake graphite production in over 70 years, advancing the project toward initial graphite concentrate production.
- Capacity Goals: The facility is designed for an annual output of 1,200 tonnes, with a future target of 40,000 tonnes per year, potentially supplying nearly half of current U.S. natural graphite demand, thereby addressing supply chain vulnerabilities due to global graphite export restrictions.
- Funding Support: The Export-Import Bank of the United States (EXIM) has approved $5.5 million in non-dilutive funding to accelerate feasibility work and issued a non-binding Letter of Interest for up to $120 million in project financing, underscoring the strategic importance of restoring a fully integrated U.S. graphite supply chain.
- Market Impact: Titan's Kilbourne Project Study confirmed strong project economics, further enhancing the company's market position in critical minerals and supporting U.S. independence in battery-grade natural flake graphite supply.






