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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Titan Mining Extends Credit Facility Maturity Dates
Titan Mining CorporationJanuary 18, 2021 GMT
VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) announces it has extended the maturity dates of its credit facilities with each of the Bank of Nova Scotia and a company controlled by Titan’s Executive Chairman (the “Lender”). The maturity date of the Company’s senior secured revolving credit facility with a limit of US$10,000,000 with the Bank of Nova Scotia has been extended from April 3, 2021 to April 3, 2022. The maturity date of the Company’s second ranking secured credit facility of US$20,710,000 with the Lender has been extended from November 30, 2021 to April 5, 2022. ....

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