VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) ("Titan" or the "Company") is pleased to announce a US$10M bridge loan from the Company's largest shareholder, Augusta Investments Inc. ("Augusta Investments"). Proceeds from this loan have been used to repay part of the Company's current credit facility with the National Bank of Canada ("NBC") bringing the outstanding amount down from $27.2 million to $17.2 million following the payment to NBC. The Company and Augusta Investments are in ongoing negotiations regarding terms of this loan and of the US$5M advance made by Augusta Investments earlier this year. About Titan Mining Corporation Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is built for growth, focused on value and committed to excellence. For more information on the Company, please visit our website at www.titanminingcorp.com. ContactFor further information, please contact:Investor Relations: ...