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TNRI Titan Resources International Corporation (CE)

0.00001
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Titan Resources International Corporation (CE) USOTC:TNRI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00001 0.00 01:00:00

Titan Resources International Corp. Announces LOI to Expand BC Project

19/01/2012 5:30pm

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Titan Resources International Corp. (PINKSHEETS: TNRI) is pleased to announce that is has signed an LOI to expand its presence in a prolific British Colombia mine situated close to New Denver, BC.

The Company has entered into an LOI to acquire up to 75% of several contiguous mining claims of a highly recognized property. Historically speaking, approximately 500,000 tonnes of ore have been extracted from this region over the last century. Our research in this area has shown over 100 tonnes of silver being extracted and along with gold, zinc, and copper.

The term of the LOI is 90 days. During this time we will conduct our due diligence and continue to source other acquisition targets that will complement our current project. Due to the recent rise in commodity prices there has been a resurgence of commercial mining activity in the region and we feel confident that this trend will continue.

CEO and President Bill Akrivos stated, "Regardless of what happened with our last project we still remain in a good position with our current MT-1-BC property. Many other areas and projects have been brought to our attention and have all show good potential. At this point we will review all possibilities to pursue the best scenario for Titan and its shareholders."

About Titan Resources International Corp.:

Titan Resources International Corp. is a publicly traded resource exploration company dedicated to the acquisition, exploration and development of small to medium size precious metals properties of exceptional merit. Please visit our company website at www.titan-resource.com

This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein.

Contact Information Titan Resources International Corp. 416-477-1028 Website: http://www.titan-resource.com

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