Titanium Transportation Group Graduates to the Toronto Stock Exchange (TSX)
August 02 2022 - 11:32AM
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,
further to its news release dated July 21, 2022, the Company has
received final approval to list its common shares (the “Common
Shares”) on the Toronto Stock Exchange (the “TSX”).
“Being awarded a listing on Canada’s largest and
most distinguished stock exchange is a significant achievement and
milestone for the company,” said Ted Daniel, Titanium’s President
and Chief Executive Officer. “It is a confirmation of our progress,
the dedication of our employees and the support of our
shareholders, and marks an important and exciting achievement for
our company.”
Upon listing on the TSX, the trading symbol for
the Common Shares will change from “TTR” to “TTNM”. The Common
Shares will begin trading on the TSX effective as of the opening of
the market on August 3, 2022. In conjunction with listing on the
TSX, the Common Shares will be delisted from the TSX Venture
Exchange (the “TSXV”) prior to the commencement of trading that
morning. Shareholders are not required to exchange their share
certificates or take any other action in connection with the TSX
listing. There will be no change in the Company’s CUSIP.
The TSX and TSXV have published bulletins
announcing the change to financial institutions.
TSX Opening Bell Ringing
Titanium will celebrate this milestone by
ringing the opening bell of the TSX on Wednesday, August 3, 2022.
The Company’s President and Chief Executive Officer, Ted Daniel,
will be joined by members of Titanium’s senior management team at
the event.
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 TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this
release.
CONTACT INFORMATION
Titanium Transportation Group Inc.Ted Daniel,
CPA, CAChief Executive Officer(905)
266-3011investors@ttgi.com www.ttgi.com
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