Titanium Transportation Group Receives Conditional Approval to Graduate to the Toronto Stock Exchange
July 21 2022 - 6:00AM
Titanium Transportation Group Inc. (“Titanium” or the “Company”)
(TSXV:TTR), a leading provider of transportation and logistics
services throughout North America, is pleased to announce that it
has received conditional approval from the Toronto Stock Exchange
("TSX") to graduate its listing from the TSX Venture Exchange (the
"TSXV") to the TSX.
"This is an important milestone for Titanium, as
we take key steps to heighten our corporate profile and reach a
broader range of investors," said Ted Daniel, Founder,
President and CEO of Titanium. "Today's announcement is only
possible thanks to the continued support of our dedicated team and
shareholders.”
Final approval of the listing is subject to the
Company fulfilling certain standard and customary conditions
required by the TSX. Titanium's management team is working
diligently to satisfy such listing conditions. A timeline for the
graduation will be announced once the Company receives final
approval.
Upon listing on the TSX, the trading symbol for
the Common Shares will change from “TTR” to “TTNM”. There will be
no change in the Company’s CUSIP.
About Titanium
Titanium is a leading North American
transportation company with asset-based trucking operations and
logistics brokerages servicing Canada and the United States, with
approximately 800 power units, 3,000 trailers and 1,100 employees
and independent owner operators. Titanium provides truckload,
dedicated, and cross-border trucking services, logistics, and
warehousing and distribution to over 1,000 customers. In the U.S.
Titanium has established operations in Charlotte, Atlanta, Chicago,
Nashville, Denver. In February 2021, Titanium completed its largest
acquisition since its founding, establishing Titanium as the 12th
largest Canadian transportation company. Titanium is a recognized
purchaser of asset-based trucking companies, having completed
twelve (12) transactions since 2011. Titanium ranked among top 500
companies in the inaugural Financial Times Americas’ Fastest
Growing Companies in 2020. The Company has been ranked by Canadian
Business as one of Canada's Fastest Growing Companies for twelve
(12) consecutive years. Titanium is currently listed on the Toronto
Stock Exchange Venture under the symbol “TTR".
CAUTIONARY STATEMENT REGARDING
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press
release constitute forward-looking information within the meaning
of Canadian securities laws. Forward-looking statements are
provided for the purposes of assisting the reader in understanding
Titanium's current expectations and plans relating to the future
and readers are cautioned that such statements may not be
appropriate for other purposes. Forward-looking information may
relate to Titanium's future outlook and anticipated events, and may
include statements regarding the financial position, business
strategy, budgets, litigation, projected costs, capital
expenditures, financial results, taxes and plans and objectives of
or involving Titanium. Particularly, statements regarding future
acquisitions, the availability of credit, performance,
achievements, prospects or opportunities for Titanium or the
industry in which it operates are forward-looking statements. In
some cases, forward-looking information can be identified by terms
such as "may", "might", "will", "could", "should", "would",
"occur", "expect", "plan", "anticipate", "believe", "intend",
"seek", "aim", "estimate", "target", "project", "predict",
"forecast", "potential", "continue", "likely", "schedule", or the
negative thereof or other similar expressions concerning matters
that are not historical facts.
Information contained in forward-looking
statements is based upon certain material assumptions that were
applied in drawing a conclusion or making a forecast or projection,
including management's perceptions of historical trends, current
conditions and expected future developments, as well as other
considerations that are believed to be appropriate in the
circumstances. While management considers these assumptions to be
reasonable based on currently available information, they may prove
to be incorrect.
The forward-looking statements made in this
press release are dated, and relate only to events or information,
as of the date of this press release. Except as specifically
required by law, Titanium undertakes no obligation to update or
revise publicly any forward-looking statements, whether as a result
of new information, future events or otherwise, after the date on
which the statements are made or to reflect the occurrence of
unanticipated events.
Neither the TSX-V nor its Regulation Services
Provider (as that term is defined in the policies of the TSX-V)
accepts responsibility for the adequacy or accuracy of this
release.
CONTACT INFORMATION
Titanium Transportation Group Inc.Ted Daniel, CPA, CAChief
Executive Officer(905) 266-3011ted.daniel@ttgi.comwww.ttgi.com
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