Nelson said, “It has been a privilege to work with the talented Titanium team and our industry and government partners, collaboratively developing innovative clean technology solutions for the oil sands industry. I personally appreciate his ongoing commitment to the company even as his personal priorities change.” “I look forward to continuing to work with Scott and building onto the fantastic foundations he has forged and with the incredible team he has built over the last 17 years. The Board would like to thank Scott for all his efforts advancing the Company to where it is today, looks forward to continuing to work with him as consultant and wishes Scott all the best in his retirement.Īnnouncing the changes, Mr. He has overseen the technical development and successful piloting of the technology on tailings from a number of oil sands operations, secured significant government support in the form of grants and built a strong partnership with Canadian Natural Resources Limited (“Canadian Natural”) to undertake FEED and further optimisation studies for potential deployment of the CVW TM technology at Canadian Natural’s Horizon site. Nelson has worked tirelessly to progress the development of the Company and its CVW TM technology since his appointment in 2005. Nelson will be engaged by the Company as a consultant until the end of May 2025. Nelson’s deep knowledge of the Company, government agencies and our oil sand industry partners, Mr. With the Chairman assuming an interim executive role the Board has appointed John Brussa as Lead Independent Director consistent with best governance practice. Nelson’s retirement, and until such time as the board of directors (the “ Board“) of the Company appoints a permanent Chief Executive Officer, the Board has appointed the current Chairman, Darren Morcombe, as the Company’s Executive Chairman and Interim Chief Executive Officer effective March 31, 2022. (the “Company” or “Titanium”) (TSX-V: TIC) announces that Scott Nelson will be retiring from his position as President and Chief Executive Officer of the Company effective March 31, 2022. CALGARY, Alberta, Ma(GLOBE NEWSWIRE) - Titanium Corporation Inc.
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