Investor Presentation June, 2016 1 Cautionary Notice Certain - PowerPoint PPT Presentation

Investor Presentation June, 2016 1

Cautionary Notice Certain statements made in this presentation are forward-looking statements and information that reflect the current expectations of management about the future results, performance, achievements, prospects or opportunities for Titanium Corporation Inc. ("Titanium" or the "Company"). Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on several assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. The Company has not commercially implemented Creating Value from Waste™ ("CVW™") technology and there can be no assurance that the Company's research, pilot programs, and studies will prove to be accurate as actual results and future events could differ materially from those expected or estimated in such forward-looking statements. Unless otherwise noted, the data and anticipated future benefits contained in this presentation are based on results from the Company's demonstration piloting and have not been proven otherwise. As a result, we cannot guarantee that any forward-looking information will materialize and we caution you against relying on any of this forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. For a description of the assumptions and risks underlying the forward-looking statements in this presentation, refer to the slide at the end of this presentation entitled "Disclaimers" and consult Titanium's management's discussion and analysis for the three month period ended February 29, 2016 dated April 21, 2016 and in other reports filed with the securities regulatory authorities in Canada from time to time and available on SEDAR (www.sedar.com). Special Note Regarding non-GAAP Financial Measures This document includes references to forward looking financial measures commonly used to evaluate potential capital project economics, such as internal rate of return (IRR) net present value (NPV) of cash flow and years of payback. These forward looking financial measures are not defined by International Financial Reporting Standards (“IFRS”) and therefore are referred to as non-GAAP measures. The forward looking non-GAAP measures used by the Company may not be comparable to similar measures presented by other companies. The Company uses these forward looking non-GAAP measures to evaluate the potential economics associated with a project as a result of implementing the CVW™ technology. The forward looking non- GAAP measures should not be considered an alternative to or more meaningful than net earnings, as determined in accordance with IFRS, as an indication of the Company’s performance. 2 Titanium Corporation | January 2014

Titanium Corporation Snapshot • Commercial-ready technology to remediate oil sands mining Froth Treatment Tailings (FTT) • Strong environmental value proposition – Reduces climate changing GHGs (methane, CO2) and harmful air emissions including Volatile Organic Compounds (VOCs ) and Secondary Organic Aerosols (SOAs) – Accelerates tailings thickening, reclamation and pond volume reductions – Recycles hot water, recovers waste heat and lowers river water use – Reduces radio-actives and pyrite in tailings ponds • Robust project economics – Recovers lost bitumen, solvents and heavy minerals at low operating and efficient capital costs – Ancillary cost savings from waste heat recovery, lower carbon levies, improved tailings management • Flexible business and funding models for commercialization – Multiple models - licensing, JV, direct ownership, and separate bitumen and minerals modules – Toll processing and project equity structures can lower cost of capital and dilution on growth pipeline • Well aligned with government environmental initiatives – Climate change, air quality, tailings ponds and water • Well positioned for new government funding programs – Improves environmental performance, lowers bitumen/SCO carbon intensity and industry costs – Provides new investment, jobs, royalties, taxes and economic diversification • Committed board and management – Own 21.6 % of company (fully diluted basis including share equivalents) – Emphasis on equity compensation – $1.5 million credit facility from two directors 3

Titanium has successfully completed multi-year R&D, demonstration piloting and Class 4 engineering; now focused on commercialization Commercialization Demonstration - O/S operator business dev. - Large-scale pilots - Project economics - Integrated performance - Gov’t support/ programs Commercial Project - Stakeholder validation - 13 patents awarded Research & Development Engineering - Lab/bench testing - AACE Class 4 Capex/Opex - On-site pilots - O/S site integration - Technology selection - Scaling confidence - Patents filed 2004-2008 2009 2010 2011 2012 2013 2014 2015 2016-17 COSIA Ranking in Tailings Council of Canadian $3.5M Grant from Roadmap Academies Government of Alberta endorsement leveraged R&D $14M Private Placement $1.9M $1.5M Canadian Loan facility Government $25M Private Placement Grants (s DTC/IRAP) $5M Grant from Canadian Global Petroleum Government (SDTC) Environmental Innovation Award Titanium Corporation | January 2013 4

Titanium’s CVW™ is a commercial ready technology designed to deliver major environmental and economic benefits by capturing bitumen, solvent and minerals from tailings before they reach tailings ponds Environment  GHG reductions (3-5 Mt/yr CO 2 e)  VOC Reductions (60 kt/yr)  Water Recycling (~60 million m 3/ yr)  Heat recovery reduces GHGs and water use  Accelerated MFT thickening  Tailings pond size reduced, faster reclamation  Hazardous materials reduced (80%) Oil Sands Industry Alberta & Canada  Revenue from ~25,000 bpd bitumen and  Delivers GHG emission reductions  Investment, economic growth, jobs, solvents  Low opex (<$7 per bbl) and low capex royalties and taxes, diversification  Employment and business (<$40k/flowing bbl) underpin economics  Savings in tailings, heat recovery, water use opportunities for indigenous people  GHG reductions (~10% of site-wide) narrows  New minerals export industry  Supports social license for market intensity gap with other crudes  Demonstrates environmental commitment access 5

Titanium’s CVW ™ technology and its potential to improve environmental performance has been widely recognized Organization Source Recognition ASTech Foundation 2011 Innovation in Oil Sands - Dr. Kevin Moran, VP Process Development, Research Titanium selected as an Honoree OSTC/COSIA “Oil Sands Technology - Recognized the role of solvents in Deployment Roadmap” (2012) methanogenesis, concerns around radio- actives and pyrite Prioritized T- 020, Titanium’s CVW TM - Canadian Council of “Technological Prospects for - Recognized how separate treatment of froth Academies Reducing the Environmental treatment tailings could reduce fugitive Footprint of Canadian Oil emissions (methane, VOCs) and reduce toxic Sands” (2015) elements that hinder pond reclamation - Cited Titanium’s technology Global Petroleum Show GPS 2016 Awards, June 7-9, - Awarded the “2016 Environmental 2016 Innovation Award” , an international award for Titanium’s “contribution to advancement of environmental solutions in the oil & gas industry” - Selected from 6 finalists by panel of 11 experts from industry, technology firms, academia and government 6

Titanium’s CVW™ technology focuses on remediating oil sands froth treatment tailings (FTT) solvent oil sands bitumen Step 2: Step 3: Froth slurry froth Step 1: Mining Extraction Treatment bitumen  15 barrels of water used  Hydrocarbon solvent is added to  Eight oil sands individual mines per 1 barrel of bitumen froth treatment tailings bitumen froth  currently in operation 85-90% of this water is  Gravity separators reject sand/water  Among the worlds largest mines recycled extraction tailings  Bitumen sent to up-graders/pipelines   Overburden of 20-30 metres Flotation and settling  Tailings are comprised of water, removed processes produce bitumen, solvent and sand/fines which  Truck and shovel mining to 100 bitumen froth are discharged to ponds  metres Extraction tailings  Regulations allow losses of 4 barrels of  Ore contains average 10% bitumen comprised of water, sand solvent per 1,000 barrels of bitumen and bitumen  22 active tailings ponds, area of 220 sq km, 54,363 acres  Tailings ponds contain 975 million m ᶾ of fine fluid tailings Tailings Ponds  90-94% from extraction tailings and 6-10% from FTT  Largest source of fugitive GHG and VOC emissions  Radioactive minerals from FTT are concentrated in ponds  Process heat in FTT is dissipated to environment 7