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Titanium Corporation (TSXV:TIC) appoints new Vice President Finance & Chief Financial Officer

Renewable Energy
CDX:TIC
04 May 2021 08:45 (EDT)

Titanium Corporation (TIC) has appointed Hansine Ullberg as Vice President Finance and Chief Financial Officer effective June 1, 2021.

Ms. Ullberg will be succeeding Jennifer Kaufield who is retiring on June 1, 2021. Jennifer will assist Hansine with the transition of the CFO role and has agreed to act as a consultant and advisor to the company until December 31, 2021. Ms. Ullberg’s appointment is subject to the approval of the TSX Venture Exchange.

“I join with our board and management team in thanking Jennifer for her many contributions during her career with our company as a valued member of our team, from financial management to the positive relationships she has developed with our business partners and government funding agencies,” stated Scott Nelson, Titanium’s President & Chief Executive Officer.

“We look forward to Hansine joining our team and applying her depth of financial and industry experience to our company and project.”

Ms. Ullberg’s background includes experience with organizations that develop and provide products and services to the oil and gas industry including as Executive Vice President and CFO, RGL Reservoir Management Inc., Vice President Finance and CFO, Birch Mountain Resources Ltd., Vice President Finance and Administration, Alterna Technologies Group and Divisional Controller, Barton Instrument Systems.

Hansine is a CPA, CA and ICD, holds Bachelor of Commerce, Honors and Master of Accountancy degrees from the University of Manitoba and is an active member of the Canadian Heavy Oil Association and Calgary Women in Energy.

Titanium Corporation is a clean technology innovator focused on providing solutions to the mining sector of Canada’s oil sands industry. 

Titanium Corporation Inc. (TIC) opened trading at C$0.54 per share.

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