Titan Mining (TSE:TI) has released an update.
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Titan Mining Corporation has secured a US$10 million bridge loan from its major shareholder, Augusta Investments Inc., to reduce its existing debt with the National Bank of Canada by US$10 million. The company, renowned for producing zinc concentrate at its Empire State Mine in New York, is currently negotiating the terms of this loan and a previous US$5 million advance. These financial maneuvers demonstrate Titan’s commitment to growth and operational excellence.
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