Titanium Corporation Testifies Before House of Commons Natural Resources Committee

Titanium Corporation Inc. (the "Company") (TSX VENTURE:TIC) today announced the
Company was invited to appear before the Standing Committee of Natural Resources
of the House of Commons investigating innovation in Canada's energy sector and
appeared before the Committee in Ottawa on November 29, 2012. The written
submission
(http://www.titaniumcorporation.com/i/pdf/Titanium_Corp-Commons_Committee_Submission-29-11-20.pdf)
and audio recording
(http://www.titaniumcorporation.com/i/misc/0002f5ba-clipped.mp3) of the
Company's testimony can be found on the Company's web site by following the
links noted for each.

The Company's testimony focused on the economic and environmental opportunities
to recover valuable minerals, bitumen and solvents currently being lost in oil
sands tailings ponds. The recovery of these resources would reduce emissions,
recover water and improve remediation of tailings ponds, reducing the
environmental footprint of the oil sands industry. In addition to the additional
recovery of oil sands resources, a new Canadian minerals export industry would
be created. The Company's President and Chief Executive Officer, Scott Nelson
provided the Committee with an overview of the Company's successful R&D and
demonstration piloting programs which led to the development of new technologies
to deliver these benefits. The Canadian and Alberta Governments are supporting
the Company's development including Grant funding of $10 million in addition to
the Company's investment of over $50 million.

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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