Titan Mining Secures $5.5 Million EXIM Financing for Kilbourne Graphite Project

GOUVERNEUR, N.Y., December 23, 2025 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX:TI, NYSE-A:TII) is making significant strides in the domestic graphite sector. The company, known for its zinc concentrate production in upstate New York, has announced that its wholly-owned subsidiary, Empire State Mines, LLC, has entered into an amended credit agreement with the Export-Import Bank of the United States (U.S. EXIM). This agreement facilitates non-dilutive financing of up to US$5.5 million to support feasibility work at the Kilbourne Graphite Project, reinforcing the project’s strategic importance within the U.S. critical minerals landscape.

Financing Highlights and Project Implications

The US$5.5 million financing under U.S. EXIM’s Make More in America Initiative (MMIA) enables Titan to expedite resource drilling, metallurgical test work, and necessary engineering programs. The funding aims to advance the Kilbourne Feasibility Study, targeted for completion in 2026. This initiative marks a significant milestone as it represents the first feasibility-study support issued by U.S. EXIM for a domestic critical minerals project, highlighting federal commitments to rebuilding U.S. graphite supply chains.

• Facility Amount: US$5.5 million
• Availability: Through September 2026
• Maturity Date: September 30, 2032
• Interest Rate: Approximately 4.77% per annum (with an effective interest rate of approximately 6.26%)
• Project Financing Indication: US$120 million

Strategic Importance for U.S. Supply Chains

Rita Adiani, President and CEO of Titan Mining Corporation, emphasized the funding’s significance by stating, “EXIM’s continued and expanding support reflects the project’s strategic importance to U.S. defense, energy, and national security priorities. This funding accelerates feasibility work and advances Kilbourne along a clear path toward development as a secure domestic graphite supply.”

Commitment to Critical Minerals Development

The U.S. EXIM Facility is secured by Titan and its subsidiaries, underscoring the company’s dedication to pursuing competitive, non-dilutive financing. Titan Mining aims to enhance its critical mineral platform in the U.S., building upon established zinc operations while advancing its graphite production capabilities. The Kilbourne Graphite Project is positioned to be a cornerstone for the U.S. supply chain of essential minerals.

About Titan Mining Corporation

Titan Mining is part of the Augusta Group and operates the 100%-owned Empire State Mine in New York, producing zinc concentrate. With an ambitious goal to be the first end-to-end producer of natural flake graphite in the USA in nearly 70 years, Titan is committed to operational excellence and shareholder value through the development of critical minerals assets that enhance the security of the domestic supply chain.

Contact Information

For further information, please contact:

• Irina Kuznetsova
• Director, Investor Relations
• Phone: (778) 870-7735
• Email: info@titanminingcorp.com

Cautionary Note Regarding Forward-Looking Information

Certain statements in this press release constitute “forward-looking statements” within the meaning of applicable securities laws. These statements reflect Titan Mining's expectations about future events and performance, including the potential for U.S. EXIM to swiftly advance project financing and the anticipated completion of feasibility work. However, actual results may differ due to various risks and uncertainties.