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Titan Mining Closes US$15 Million Institutional Financing to Advance U.S. Graphite Strategy

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Titan Mining Closes US$15 Million Institutional Financing to Advance U.S. Graphite Strategy

 

 

 

 

 

Titan Mining Corporation (TSX:TI) (NYSE-A:TII), an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer (a key component of the broader rare earths and critical minerals ecosystem), has closed its previously announced US$15 million private placement, providing the Company with additional financial flexibility to advance the Kilbourne Graphite Project and execute on its U.S. graphite growth strategy.

 

This financing puts Titan in a strong position to move Kilbourne forward with clarity and momentum,” said Rita Adiani, President & CEO of Titan Mining. “With this capital supporting the next phase, our priority is advancing feasibility work and continuing to build a scalable, U.S.-based natural graphite platform aligned with critical supply-chain needs.”

 

The Offering was completed through the issuance of 6,666,666 special warrants at a price of US$2.25/C$3.10 per Special Warrant, for gross proceeds of approximately US$15 million. Each Special Warrant will, upon satisfaction of certain conditions and for no additional consideration, automatically convert into one common share of the Company and one common share purchase warrant.

 

Maxim Group LLC acted as exclusive placement agent in connection with the Offering.

 

Each Warrant will be exercisable for a period of up to three years following issuance, with 50% of the Warrants exercisable at a 35% premium to the Issue Price and the remaining 50% exercisable at a 65% premium to the Issue Price. The Company may call the Warrants if its common shares trade at greater than 150% of the applicable exercise price for 15 trading days within any 30-day period, upon providing 30 days’ prior notice.

 

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold in the “United States” or to “U.S. Persons” (as such terms are defined in Regulation S under S under the U.S. Securities Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or in compliance with applicable exemptions therefrom. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

About Titan Mining Corporation

 

Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also an emerging natural flake graphite producer and targeting to be the USA’s first end to end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain.

Posted December 19, 2025

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