Titan Mining Delivers on Planned De-leveraging Strengthening Balance Sheet for Graphite Growth
Rhea-AI Summary
Titan Mining (NYSE-A:TII) announced it made the final scheduled payment of $5.2 million to extinguish its credit facility and completed a $15 million equity financing, reducing net debt by about 60% from $25.1 million (Sept 30, 2025) to ~$9.5 million (Dec 31, 2025). The company says this strengthens the balance sheet and increases flexibility to advance its U.S. graphite strategy alongside zinc operations.
Balance details: total debt ~$27.0M, cash ~$17.5M, current portion of debt $9.9M. Debt and cash balances are preliminary and unaudited; Q4 2025 audited results expected in March 2025.
Positive
- Net debt reduced ~60% to $9.5M
- Completed $15M equity financing
- Final payment of $5.2M extinguished credit facility
- Cash balance increased to $17.5M
Negative
- Current portion of debt remains $9.9M
- Debt and cash balances are preliminary, unaudited
News Market Reaction 5 Alerts
On the day this news was published, TII gained 2.03%, reflecting a moderate positive market reaction. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $6M to the company's valuation, bringing the market cap to $293M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 23 | EXIM feasibility funding | Positive | -2.7% | US$5.5M EXIM credit facility to fund Kilbourne graphite feasibility work. |
| Dec 18 | Equity financing close | Positive | +3.5% | US$15M private placement to advance U.S. graphite strategy and Kilbourne project. |
| Dec 16 | Institutional investment | Positive | +1.1% | US$15M institutional equity investment to accelerate Kilbourne graphite development. |
| Dec 11 | Graphite processing start | Positive | +9.6% | Commencement of graphite processing at Kilbourne demonstration facility in New York. |
| Dec 01 | Positive PEA results | Positive | -2.5% | Strong PEA economics and expanded EXIM support for Kilbourne graphite project. |
Recent graphite-related news has generally been positive, with share price reactions mixed: three aligned moves and two divergences, including occasional selloffs on positive project economics or financing updates.
Over the past month, Titan issued several graphite-focused updates. On Dec 1, 2025, a positive PEA for Kilbourne highlighted strong economics and expanded EXIM support. Subsequent news through Dec 23, 2025 detailed additional EXIM feasibility funding, commencement of graphite processing at Empire State Mine, and a US$15 million institutional financing, with mostly positive price reactions. Today’s announcement continues this trajectory by emphasizing balance sheet strengthening through debt repayment and prior equity financing to support the U.S. graphite strategy.
Market Pulse Summary
This announcement highlights a substantial reduction in net debt from $25.1 million to an estimated $9.5 million by year-end 2025, driven by a $5.2 million debt repayment and a previously closed $15 million equity financing. It follows a series of graphite-focused funding and development milestones. Investors may watch upcoming Q4 and full-year 2025 results, progress on the U.S. graphite strategy, and any updates to capital allocation or project timelines.
Key Terms
net debt financial
non-gaap financial
ifrs financial
forward-looking statements regulatory
AI-generated analysis. Not financial advice.
Planned debt reduction enhances financial flexibility to advance U.S. Graphite Strategy
GOUVERNEUR, N.Y., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI, NYSE-A:TII), (“Titan” or the “Company”) an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer (a key component of the broader rare earths and critical minerals ecosystem), announced that it has made the final scheduled payment of
As a result of this repayment and the completed equity financing, Titan has reduced its net debt by approximately
Rita Adiani, President and Chief Executive Officer of Titan Mining, commented:
“This meaningful reduction in debt significantly strengthens our balance sheet and enhances our capacity to advance the next phase of our U.S. graphite strategy. With increased financial flexibility, we are better positioned to support graphite development activities alongside our existing operations, while maintaining disciplined capital allocation.”
Net Debt
Net debt is calculated as the sum of the current and non-current portions of long-term debt, net of the cash and cash equivalent balance as at a particular date. A reconciliation of net debt is provided below, millions of dollars.
| As at December 31, 2025 (Estimate) | As at September 30, 2025 (Actual) | |||
| Current portion of debt | $ | 9.9 | $ | 7.6 |
| Non-current portion of debt | 17.1 | 21.8 | ||
| Total debt | $ | 27.0 | $ | 29.4 |
| Less: Cash and cash equivalents | (17.5) | (4.3) | ||
| Net debt | $ | 9.5 | $ | 25.1 |
Net debt is a non-GAAP measure. Accordingly, this financial measure is not a standardized financial measure under IFRS and might not be comparable to similar financial measures disclosed by other issuers. This financial measure has been calculated on a basis consistent with historical periods.
The debt and cash balance information is preliminary, unaudited and subject to change. The Company will release its Q4 2025 and audited annual 2025 financial and operating results in March 2025.
About Titan Mining Corporation
Titan is an Augusta Group company which produces zinc concentrate at its
Media & Investor Contact
Irina Kuznetsova
Director, Investor Relations
Phone: (778) 870-7735
Email: info@titanminingcorp.com
Cautionary Note Regarding Forward-Looking Information
Certain statements and information contained in this new release constitute “forward-looking statements”, and “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking statements”). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including that we are better positioned to support graphite development activities alongside our existing operations, while maintaining disciplined capital allocation; and that the Company will release its Q4 2025 and audited annual 2025 financial and operating results in March 2025. When used in this news release words such as “to be”, “will”, “planned”, “expected”, “potential”, and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of zinc and graphite; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in New York State; risks due to legal proceedings; and risks related to operation of mining projects generally and the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators and the United States Securities and Exchange Commission. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of the preliminary economic assessment; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
FAQ
How much did Titan Mining (TII) reduce net debt by on Jan 5, 2026?
What transactions drove Titan's (TII) balance sheet improvement in Dec 2025?
What is Titan's (TII) reported cash and total debt as of Dec 31, 2025?
Does Titan (TII) still have near-term debt obligations after the repayment?
How will Titan (TII) use its improved balance sheet for graphite development?
When will Titan (TII) publish audited Q4 2025 and annual results?
