Robert Morrison Increases Ownership of Titan Logix Corp.

Rhea-AI Summary

Robert Morrison disclosed that on May 19, 2026 he bought 98,000 common shares of Titan Logix (OTC:TPCFF) on the TSX Venture Exchange at an average price of about $0.5044, for total consideration of $49,430.

His ownership increased from 2,852,700 shares (about 10.65%) to 2,950,700 shares (about 11.01%) of Titan Logix’s outstanding common shares. An initial early warning report will be filed, and the shares were acquired for investment purposes with a stated long-term view.

AI-generated analysis. Not financial advice.

Positive

• Insider ownership rises to about 11.01% of Titan Logix common shares
• Additional 98,000 shares purchased for investment at about $0.5044 per share
• Total stake now 2,950,700 shares, signaling continued insider capital commitment

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - May 20, 2026) - Robert Morrison announces that on May 19, 2026, he acquired 98,000 common shares (the "Common Shares") of Titan Logix Corp. (the "Corporation") over the TSX Venture Exchange at an average price of approximately $0.5044 per share for aggregate consideration of $49,430 (the "Transaction").

Immediately prior to the Transaction, Mr. Morrison beneficially owned or exercised control or direction over 2,852,700 Common Shares, representing approximately 10.65% of the issued and outstanding Common Shares. Following the Transaction, Mr. Morrison beneficially owns or exercises control or direction over 2,950,700 Common Shares, representing approximately 11.01% of the issued and outstanding Common Shares.

Pursuant to section 6.1 National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues, Mr. Morrison was exempt from making early warning disclosure when his shareholdings originally increased over 10% of the issued and outstanding Common Shares because such increase resulted from decreases to the total issued and outstanding Common Shares in connection with the Corporation's normal course issuer bid. Accordingly, Mr. Morrison will file an initial early warning report in connection with the Transaction.

The Common Shares were acquired for investment purposes. Mr. Morrison has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.

The head office of the Corporation is located at 4130 93rd St., Edmonton, Alberta T6E 5P5. A copy of the early warning report with respect to the foregoing will appear on the Corporation's profile on SEDAR+ at www.sedarplus.ca and may also be obtained by calling Mr. Morrison's office at 647-985-8545 (86 Leuty Avenue, Toronto, ON M4E 2R4).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298159

FAQ

What insider share purchase did Robert Morrison disclose for Titan Logix (TPCFF) on May 20, 2026?

Robert Morrison reported buying 98,000 Titan Logix common shares on May 19, 2026. According to Robert Morrison, the purchase was made on the TSX Venture Exchange at an average price of about $0.5044 per share, for total consideration of approximately $49,430.

How many Titan Logix (TPCFF) shares does Robert Morrison own after the May 19, 2026 transaction?

After the transaction, Robert Morrison beneficially owns or controls 2,950,700 Titan Logix shares. According to Robert Morrison, this stake represents about 11.01% of Titan Logix’s issued and outstanding common shares, up from 2,852,700 shares, or approximately 10.65%, before the purchase.

Why is Robert Morrison filing an early warning report for Titan Logix (TPCFF) in May 2026?

Robert Morrison is filing an initial early warning report due to his latest share purchase. According to Robert Morrison, earlier increases above 10% came from Titan Logix’s normal course issuer bid reducing outstanding shares, which previously qualified him for an exemption from early warning disclosure.

What are Robert Morrison’s stated intentions after increasing his Titan Logix (TPCFF) stake to 11.01%?

Robert Morrison states the Titan Logix shares were acquired for investment purposes with a long-term view. According to Robert Morrison, he may buy more or sell some securities in the future, on the market or privately, depending on market conditions and other relevant factors.

At what average price did Robert Morrison buy Titan Logix (TPCFF) shares on May 19, 2026?

Robert Morrison bought Titan Logix common shares at an average price of about $0.5044 per share. According to Robert Morrison, he acquired 98,000 shares on the TSX Venture Exchange, resulting in aggregate consideration of approximately $49,430 for this disclosed transaction.