Titanium Corporation Announces $10 Million Funding Award by Sustainable Development Technology Canada for the Engineering Phase of the CVW™ Horizon Project
December 21, 2020 18:30 ET | Source: Titanium Corporation Inc. Titanium Corporation Inc.
CALGARY, Alberta, Dec. 21, 2020 (GLOBE NEWSWIRE)
Titanium Corporation Inc. (the Company or Titanium ) (TSX-V: TIC) is pleased to announce that Sustainable Development Technology Canada (“SDTC”) has approved a $10 million contribution to the Company for the detailed engineering phase of the CVW™ Horizon Project. The SDTC funding is subject to successful negotiation of a Project Funding Agreement (“PFA”) with SDTC. The proposed start date for SDTC funding is January 1, 2021 subject to execution of the PFA.
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