Titanium Corporation Announces Award of Patent for Breakthrough Oil Sands Tailings Technology

Titanium Corporation Inc. (the "Company") (TSX VENTURE:TIC) today announced
securing a critical patent for its innovative technology which recovers
hydrocarbon diluents (solvents) from oil sands tailings. Titanium has been
awarded Canadian Patent 2 712 725 (Moran.et.al) which improves solvent recovery
beyond current industry practices, reducing the amount of solvent discharged to
tailings ponds and the atmosphere. The Company believes that implementation of
this new technology will significantly reduce Volatile Organic Compound ("VOC")
emissions from oil sands froth treatment tailings as well as recover valuable
products being lost in tailings ponds.


Scott Nelson, the Company's President and Chief Executive Officer said,
"Achieving this most recent patent is another important milestone in the
commercialization of our technology. This patent bolsters our unique position in
tailings reclamation and resource recovery with the only technology that has
successfully treated oil sands froth treatment tailings under extended, advanced
testing conditions at CanmetENERGY. Our technologies provide comprehensive,
industry wide solutions to the environmental remediation of tailings, while the
recovery of minerals, bitumen, solvents and water create new economic
opportunities for all stakeholders."


Over the five year program to develop this latest patented solution, the
Company's Dr. Kevin Moran led a research team which included scientists from the
Gas Technology Institute (GTI) in Chicago, one of North America's leading
developers of commercial technologies that provide economic value for the energy
industry. Dr. Moran also collaborated with Dr. D.-Y. Peng of the University of
Saskatchewan, noted around the globe for his research in thermodynamics.


Stakeholders are actively supporting the Company's programs and grant funding
has been provided by the Alberta Government, the Canadian Government's
Sustainable Development Technology Canada ("SDTC") and the National

Research Council.

About Titanium Corporation Inc.

Titanium Corporation Inc. is developing technology to recover heavy minerals and
bitumen contained in the waste tailings streams from oil sands mining operations
near Fort McMurray, Alberta. The potential benefits from this "Creating Value
from Waste (TM)" proposition are twofold. First, the recovered bitumen and
minerals will have intrinsic value and will provide shareholders with a source
of revenue. Second, by using an integrated approach to recovering minerals and
bitumen, there is potential for industry-wide environmental benefit. The
Company's shares trade on the TSX-V under the symbol "TIC". For more information
visit the Company's website at www.titaniumcorporation.com.


Disclosure regarding forward-looking statements

Certain statements contained herein regarding the Company and its plans
constitute "forward-looking statements" within the meaning of Canadian
securities laws. By their nature, forward-looking statements require the Company
to make assumptions and are subject to inherent risks and uncertainties. There
is a significant risk that predictions, forecasts, conclusions, projections, and
other forward-looking statements will not prove to be accurate. We direct you to
our statement of risks and uncertainties more particularly described and updated
in the Company's Management Discussion and Analysis filed for the period ended
August 31, 2012 on SEDAR (www.sedar.com). Most notably these risks include, but
are not limited to risks associated with the advancement of research programs
including operational or technical difficulties in connection with research
activities; development timeline delays and problems, including unforeseen
development costs; reliance on a small number of people, access to and cost of
tailings, competition and intellectual property protection and changes to
environmental laws and regulations.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Titanium Corporation Inc.
Scott Nelson
President & CEO
(403) 561-0439
snelson@titaniumcorporation.com


Titanium Corporation Inc.
Andreas Curkovic
Investor Relations
(416) 577-9927
acurkovic@titaniumcorporation.com
www.TitaniumCorporation.com

Titanium (TSXV:TIC)
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