Titanium Transportation Group Goes Private via Successful Arrangement

Titanium Transportation Group Inc. has completed a strategic arrangement to be taken private, as announced on March 31, 2026. TTNM Management Acquisition Limited acquired all common shares, excluding Rollover Shares, at C$2.22 per share under a court-approved arrangement. This move, supported by Titanium's shareholders and sanctioned by the Ontario Superior Court of Justice, is part of a broader corporate strategy under the Canada Business Corporations Act.

Rollover Shareholders, including key executives and Trunkeast Investments Canada Limited, exchanged their shares for Purchaser Shares. This transaction amalgamates Titanium and the Purchaser into a new entity, continuing under the Titanium name. Consequently, Titanium's shares will be delisted from the Toronto Stock Exchange and OTCQX. Trunkeast, prior to this, held 23.5% of Titanium shares and now owns 45.12% of the Resulting Issuer.