Titanium Corporation Announces Signing of $10 Million Project Funding Agreement With Sustainable Development Technology Canada for Engineering of the CVW™ Horizon Project and Receipt of $733,738 Advance Payment
April 08, 2021 17:00 ET | Source: Titanium Corporation Inc. Titanium Corporation Inc.
CALGARY, Alberta, April 08, 2021 (GLOBE NEWSWIRE)
Titanium Corporation Inc. (the Company or Titanium ) (TSX-V: TIC) is pleased to announce the signing of a $10 million Project Funding Agreement (“PFA”) with Sustainable Development Technology Canada (“SDTC”) for engineering of the CVW™ Horizon Project. The SDTC funding contribution was previously announced on December 21, 2020 and was subject to the successful negotiation of the PFA.
The effective date for the SDTC funding contribution is December 1, 2020. Advances of the funding contribution for eligible costs are paid in advance of each milestone. With the completion of each milestone, t
Titanium Corporation Announces Signing of $10 Million Project Funding Agreement With Sustainable Development Technology Canada for Engineering of the CVW™ Horizon Project and Receipt of $733,738 Advance Payment
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