Saskatoon, Sask., February 20, 2006 -- Titan Uranium Inc. ("Titan") (TSXV: TUE, TUE-WT) is pleased to announce that the TSX Venture Exchange has approved the listing of 1,500,000 common share purchase warrants previously issued pursuant to a private placement that closed on October 21, 2005.
The warrants will come to trade on the TSX Venture Exchange at market opening on Wednesday February 22, 2006 under the symbol TUE.WT.A. Each warrant entitles the holder to purchase one common share of Titan at an exercise price of $1.35 until October 21, 2007, subject to the provisions of the warrant indenture dated October 21, 2005 between Titan and Pacific Corporate Trust Company.
ON BEHALF OF TITAN URANIUM INC.
"Chadwick Wasilenkoff"
Chief Executive Officer
For further information contact: Arni Johannson
Second Floor, 157 Chadwick Court, North Vancouver, British Columbia
Canada V7M 3K2
Telephone: (604) 988-4824
Facsimile: (604) 988-5327
www.titanuranium.com
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-Looking Statements:
Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in Titan's periodic filings with Canadian Securities Regulators. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Titan does not assume the obligation to update any forward-looking statement. |
