Titan Announces Management Appointments

VANCOUVER, British Columbia, Jan. 24, 2018 (GLOBE NEWSWIRE) -- Titan Mining Corporation ("Titan" or the "Company") (TSX:TI) announced it has appointed Michael McClelland as Chief Financial Officer and Jacqueline Allison as Vice President, Investor Relations and Strategic Analysis.

Mr. McClelland is a chartered professional accountant and is currently Chief Financial Officer of Bisha Mining Share Company, an operating subsidiary of Nevsun Resources Ltd. Previously, he was with Goldcorp Inc. as the Mine General Manager at Wharf Resources (now owned by Coeur Mining), and before that was Director of Finance, Canada and USA. Mr. McClelland started his career at KPMG LLP as a Senior Accountant with the mining group.

Mr. McClelland will join the Company in March 2018. In the interim, Paul Ireland, who was previously Chief Financial Officer for both Arizona Mining Inc. and NewCastle Gold Ltd., has been named acting Chief Financial Officer.

Titan has also appointed Jacqueline Allison as Vice President, Investor Relations and Strategic Analysis, effective immediately. Ms. Allison is a Chartered Financial Analyst and PhD of Mineral Economics. Prior to joining Titan, she was Vice President, Investor Relations for Dominion Diamond Corp., and Director, Investor Relations for Hudbay Minerals. Previously, she served as Vice President and Research Director, Fundamental Equities for BMO Asset Management, and Vice President, Canadian Equities for Natcan Investment Management. 

"Michael's extensive experience in the finance and operations areas will be invaluable to the Empire State Mine operation and Jackie's vast experience in capital markets and investor relations is underpinned by a deep technical background in geology," said Richard Warke, President and CEO. "Both will be strong additions to our organization as we execute on our growth strategy."

About Titan Mining Corporation

Titan is a Canadian-based zinc exploration and development company with its principal asset being the Empire State Mine in the State of New York. For more information on the Company, please visit our website at www.titanminingcorp.com.

Contact

For further information, please contact:

Jerrold Annett ? Senior Vice President, Corporate Development
Telephone: 416-366-5678 Ext. 207 |  Email: [email protected]

Cautionary Note Regarding Forward-Looking Information

This press release contains certain forward-looking statements.  Words such as "expects", "anticipates" and "intends" or similar expressions are intended to identify forward-looking statements. Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, use of proceeds or timing of events to be materially different from those expressed or implied by such forward-looking information, including but not limited to the factors described in greater detail in the "Risk Factors" section and other sections of the final prospectus available at www.sedar.com. No securities regulatory authority has expressed an opinion about the securities described herein and it is an offence to claim otherwise. Titan undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.