Titan Graduates To Tier 1 Listing On Tsx-V
(via Thenewswire.ca)
Vancouver, British Columbia - Titan Uranium Inc (TSX-V:TUE, FSE:T4X) is pleased to announce that the TSX Venture Exchange has approved the Company's graduation to Tier 1 Issuer status effective August 25, 2011.
As stated in TSX-V's Policy 2.1, "A Tier 1 listing represents the TSX-V's premier tier and is reserved for the most advanced public companies with the most significant financial resources. Tier 1 Issuers benefit from decreased filing requirements and improved service standards."
Tier 1 status will permit the Company to take advantage of more favourable regulatory environment and financing mechanisms.
Chris M. Healey, President and CEO of Titan commented; "This graduation is clear recognition of the importance to our share holders of our Sheep Mountain uranium project in Wyoming. We look forward to continuing to move the project ahead with production expected in late 2013/early 2014."
ON BEHALF OF TITAN URANIUM INC.
Chris M. Healey, President & CEO
For further information, please contact:
Investor Relations
Titan Uranium Inc.
Phone: 604-925-1810
Facsimile: 604-921-1898
Email: ir@titanuranium.com
www.titanuranium.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Titan Uranium, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Titan Uranium's expectations are exploration risks detailed herein and from time to time in the filings made by Titan Uranium with securities regulators.
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