Titanium Corporation Inc.

Titanium Corporation Inc.

March 17, 2005 16:56 ET

Titanium Corporation Inc. Announces Appointment of Eric Slavens as Director


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TITANIUM CORPORATION INC.

TSX VENTURE SYMBOL: TIC

MARCH 17, 2005 - 16:56 ET

Titanium Corporation Inc. Announces Appointment of
Eric Slavens as Director

TORONTO, ONTARIO--(CCNMatthews - March 17, 2005) - Titanium Corporation
Inc. (TSX VENTURE:TIC) Executive Chairman, George Elliott announced
today the appointment of Eric W. Slavens, FCA, as Director and Chairman
of the Audit Committee of the Corporation. Since entering the public
accounting profession in 1968, Mr. Slavens has dealt with a broad range
of finance, reporting and governance issues servicing the needs of many
successful private and public Canadian companies. He held the position
of Managing Partner, Toronto Mid-Market office with Price Waterhouse and
has served as the National IPO Services Leader, PricewaterhouseCoopers
for the past ten years. Mr. Slavens will be retiring from the
partnership on June 30, 2005. He also served as a member and chairman of
a number of committees of the Institute of Chartered Accountants of
Ontario and was elected as a Fellow of the Institute in 1985. Mr.
Slavens recently completed the Corporate Governance College Program
co-sponsored by the Canadian Institute of Corporate Directors and the
Rotman School of Management.

"I am delighted to have Eric as a Director and Chairman of the Audit
Committee", says Scott Nelson, Titanium Corporation President & CEO.
"Eric's extensive experience will prove invaluable as Titanium
Corporation moves towards commercialization of its oil sands project."

About Titanium Corporation

Titanium Corporation Inc. is a Toronto-based mineral exploration and
development company whose shares are listed on the TSX Venture Exchange
under the symbol "TIC", U.S. clearing symbol "TITUF", CUSIP Number:
88833T104. The Corporation's mission is to become the first titanium and
zircon sand producer from Canada's oil sands. The Company also controls
a well advanced 102 square kilometer mineral sand deposit located on the
Shubenacadie River, Nova Scotia, Canada. For more information, please
visit www.titaniumcorporation.com .

Note: This press release contains projections and forward-looking
statements regarding future events. Such forward-looking statements are
not guarantees of future performance of the Corporation and are subject
to risks and uncertainties that could cause actual results and the
Corporation's plans and objectives to differ materially from those
expressed in the forward-looking statements.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Titanium Corporation Inc.
    George Elliott
    Executive Chairman
    (416) 955-0715 X 222
    (416) 955-0790 (FAX)
    pr@titaniumcorporation.com
    or
    Titanium Corporation Inc.
    Scott Nelson
    President & CEO
    (403) 561-0439
    snelson@titaniumcorporation.com
    www.titaniumcorporation.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy and accuracy of this release.