Titan Mining makes final payment to extinguish credit facility

Titan Mining (TII) has made the final scheduled payment of $5.2M to extinguish its credit facility with National Bank of Canada. This reduction of short-term debt and the previously announced $15M equity financing has materially strengthened the Company’s balance sheet. As a result of this repayment and the completed equity financing, Titan has reduced its net debt by approximately 60% from $25.1M as at September 30, 2025 to approximately $9.5M as at December 31, 2025. Following the repayment, the Company’s remaining debt is primarily held by long-term strategic stakeholders.