11:04 AM EST - Titan Mining Corporation : Announced the closing of a $15 million U.S. senior secured credit facility with the Bank of Nova Scotia. On November 30, 2017, the Company announced that it had received a letter of commitment for the credit facility, of which $5 million U.S. would become available on closing, with the remainder available based on certain production milestones. The Company remains fully financed to commercial production at the Empire State Mines’ #4 mine, which is expected in the second quarter of 2018. The two-year revolving credit facility provides additional flexibility to advance the Company’s business objectives over time. Titan Mining Corporation
shares T.TI are trading down $0.03 at $1.28.