07:14 AM EDT, 10/27/2025 (MT Newswires) -- Titan Mining Corporation ( TIMCF ) Monday said it is "advancing rapidly" toward listing on the NYSE American, with required administrative steps now "well underway."
The company said that, in connection with the listing, its board approved a consolidation on the basis of one new common share for every 1.5 existing common shares, subject to approval of the Toronto Stock Exchange (TSX).
It also said that "the consolidation is being undertaken solely to align Titan with typical U.S. market standards" and that it will not affect any shareholder's proportionate ownership of Titan.
Titan said it expects its common shares to begin trading on the NYSE American under the symbol "TII", following the consolidation, final approval of the NYSE American, and the filing effectiveness of the company's Form 40-F registration statement with the United States Securities and Exchange Commission.
A statement noted that trading on the OTCQB under the symbol "TIMCF" will continue until the commencement of trading on the NYSE American, while trading on the TSX will continue under the symbol "TI".
"Securing NYSE American pre-clearance is a key milestone in Titan's growth trajectory," said Titan Mining's ( TIMCF ) president and chief executive officer Rita Adiani. "We look forward to expanding our U.S. investor base as we advance development of a leading U.S.-focused critical-materials platform anchored in New York State."