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Titan Mining Corp(TI-T)
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Stocks in play: Titan Mining Corporation

Baystreet.ca - Baystreet - Wed Jan 25, 2023

Released preliminary fourth quarter and full year 2022 production results and provide 2023 operating, capital and exploration expenditure guidance (all dollar figures are in U.S. dollars, unless otherwise indicated)..2022 Highlights: Improved safety performance year over year with total recordable injury rate below the national average; Produced a record 52.5 million payable pounds of zinc in 2022; Received permit to allow for expanded mining operations in the Sphaleros area and related access roads, and today announces that it will begin construction of the Sphaleros project; Maintained quarterly cash dividend of C$0.01 per share throughout 2022; Closed a $40-million credit facility with National Bank, consolidating the Company’s debts with Augusta Investments Inc. and Bank of Nova Scotia; Extended maturity date on the credit facility to December 6, 2024 and made a $5,000,000 payment against the National Bank facility in Q4 2022. Titan Mining Corporation shares T.TI are trading unchanged at $0.47.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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