Titanium Awarded Final Canadian Patent for Breakthrough Oil Sands Tailings Technology

Titanium Corporation Inc. (TSX VENTURE:TIC) ("Titanium" or the "Company") has
been awarded the final of the three core Canadian patents that together secure
its innovative green oil sands technology. The new patent is Canadian Patent No.
2662346 (Moran et al) for a novel process that recovers bitumen from froth
treatment tailings. 


"Securing this final Canadian patent is an important milestone in our
intellectual property program that solidifies our position as the leading
developer of value-added, environmentally advantageous tailings recovery
technologies," said Scott Nelson, Titanium's President and Chief Executive
Officer. "Recovering residual bitumen, solvents and minerals from oil sands
tailings is a sustainable and profitable business that extracts value from
industrial waste and reduces emissions." 


Titanium has also received the final results of independent testing on its
recent pilot at CanmetENERGY. The results are further confirmation that the
Company's technology can recover large quantities of valuable residual bitumen,
solvents and minerals from oil sands tailings, with important environmental
benefits that include reducing greenhouse gas (GHG) emissions. 


Titanium's pilot achieved excellent recoveries of 82 percent of residual bitumen
from the oil sands tailings stream and 98 percent of the solvents. The pilot
produced a large bulk sample of heavy mineral concentrates for separation
processing into samples of zircon, an essential material in the worldwide
ceramics industry. The pilot achieved all of its objectives at larger scale
processing. These performance levels solidify confidence for commercializing
Titanium's technology, the prime initiative the company is pursuing with
industry and the Government of Alberta. 


"While it takes time to commercialize new technology, we are seeing increasing
support from stakeholders for our technology, which would recover up to 7,000
barrels per day of currently wasted bitumen and solvent from individual oil
sands operations," Scott Nelson continued. "Oil sands mining companies are the
pioneers of this large industry and have introduced many innovations to their
processes over the years. Our Company is well positioned to be among the next
phase of breakthroughs in efficiency and environmental performance."  


During the 10 week pilot, over 5,000 independent sample analyses were performed
by Maxxam Analytics, Canada's leading provider of analytical services to the
energy industry. The Canadian Government Sustainable Development Technology
Canada SD Tech Fund contributed $1.4 million of funding to the pilot.


About Titanium Corporation Inc.

Titanium Corporation Inc. is commercializing proprietary technology to recover
heavy minerals and residual bitumen and solvents contained in the waste tailings
streams from oil sands mining operations near Fort McMurray, Alberta. This
technology has the potential to deliver incremental revenue to existing oil
sands producers by enhancing bitumen recovery while developing the first ever
commercial production of valuable minerals from Canada's oil sands and reducing
environmental impacts of oil sands tailing. The combined benefits of the
Company's technology would enhance the value and reputation of oil sands
resources. The Company's shares trade on the TSX-V under the symbol "TIC". For
more information visit the Company's website at www.titaniumcorporation.com.


Disclosure regarding forward-looking statements

Certain statements contained herein regarding the Company and its plans
constitute "forward-looking statements" within the meaning of Canadian
securities laws. By their nature, forward-looking statements require the Company
to make assumptions and are subject to inherent risks and uncertainties. There
is a significant risk that predictions, forecasts, conclusions, projections, and
other forward-looking statements will not prove to be accurate. We direct you to
our statement of risks and uncertainties more particularly described and updated
in the Company's management discussion and analysis filed for the period ended
February 28, 2013 and annual information form for the year ended August 31, 2012
each filed on SEDAR (www.sedar.com). Most notably these risks include, but are
not limited to risks associated with the commercialization of the CVW(TM)
project on the timetable anticipated or at all; access to capital on acceptable
terms to fund our commercialization plan, operational or technical difficulties
in connection with building and operating the CVW(TM) project and research
activities; uncertainty related to the cost to build and operate CVW(TM)
facilities; reliance on a small number of people, access to and cost of oil
sands tailings necessary to carry out the CVW(TM) project, competition and
intellectual property protection and changes to environmental laws and
regulation. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Titanium Corporation Inc.
Scott Nelson
President & CEO
(403) 561-0439
snelson@titaniumcorporation.com


Titanium Corporation Inc.
Andreas Curkovic
Investor Relations
(416) 577-9927
acurkovic@titaniumcorporation.com
www.titaniumcorporation.com
Titanium (TSXV:TIC)
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