09:51 AM EST - Titanium Corporation Inc. : released its results for the fiscal year ended August 31, 2013. For the fiscal year ended August 31, 2013 net loss was $4.3 million compared to $2.9 million for the year ended August 31, 2012. The Company had $4.1 million in cash at August 31, 2013 as compared to $8.4 million at August 31, 2012. The decrease in cash of $4.3 million for the year ended August 31, 2013 relates to R&D piloting and G&A expenses incurred which were offset by the receipt of $1.3 million in government grant funding. Titanium Corporation Inc.
shares V.TIC are trading unchanged at $0.49.
