Titan Mining Files Base Shelf Prospectus and Launches ATM Program for Up to $150 Million
Titan Mining Corporation has filed a base shelf prospectus in Canada and a registration statement in the U.S. to raise up to $150 million over 25 months, aimed at supporting its U.S. graphite strategy. Additionally, the company has launched an at-the-market equity program to issue up to $50 million in common shares, with proceeds designated for working capital and growth initiatives, managed by a syndicate of agents including BMO Capital Markets and Cantor Fitzgerald.
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Titan Mining Corporation has filed a base shelf prospectus in Canada and a registration statement in the U.S. allowing for raising up to $150 million over 25 months. This framework provides Titan with the flexibility to secure capital for growth initiatives, particularly in its U.S. graphite strategy.
Alongside this, Titan has established an at-the-market (ATM) equity program permitting the issuance of up to $50 million of common shares at market prices. Proceeds from the ATM program, at Titan's discretion, will support working capital, growth, and corporate purposes.
Sales will be managed by a syndicate of agents including BMO Capital Markets, Cantor Fitzgerald, H.C. Wainwright, and Maxim Group.
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