Titanium Transportation Group Announces Grant of Long Term Incentive Stock Options

Titanium Transportation Group Announces Grant of Long Term Incentive Stock Options
  1. Titanium Transportation Group Announces Grant of Long Term Incentive Stock Options
    WOODBRIDGE, ONTARIO--(Marketwired - Jan 11, 2017) - Titanium Transportation Group Inc. ("Titanium" or the "Company") (TSX VENTURE:TTR) is pleased to announce that the Company has granted an aggregate of 174,000 stock options to employees, directors and an officer of the Company. The options were granted as part of Titanium's long term incentive stock option plan and include 35,000 stock options granted to 6 senior employees involved in operational management and acquisitions. …

WOODBRIDGE, ONTARIO--(Marketwired - Jan 11, 2017) - Titanium Transportation Group Inc. ("Titanium" or the "Company") (TSX VENTURE:TTR) is pleased to announce that the Company has granted an aggregate of 174,000 stock options to employees, directors and an officer of the Company. The options were granted as part of Titanium's long term incentive stock option plan and include 35,000 stock options granted to 6 senior employees involved in operational management and acquisitions.

Each option entitles the holder to purchase one common share of the Company at an exercise price of $1.50 for a period of 10 years. Employee stock options vest over a period of six years, with half vesting after three years. Director stock options, which totaled 39,000 stock options, vest over a period of three years, with a third vesting after each completed year.

Mr. Ted Daniel, CEO of Titanium commented: "These options allow us to provide additional long-term incentives for key operational management as we continue to execute our growth strategy."

The option grants were made in accordance with the provisions of the Company's Stock Option Plan and remain subject to approval by the TSXV.

About Titanium

Titanium is a leading asset-based transportation and logistics company servicing Canada and the United States, with approximately 400 power units, over 1,300 trailers and approximately 500 employees and independent owner operators. Titanium provides truckload, dedicated, and cross-border trucking services, freight logistics, and warehousing and distribution to over 1,000 customers. Titanium is a recognized consolidator of asset-based transportation companies in Ontario, having completed eight asset-based trucking acquisitions since 2011. Titanium has also been ranked by PROFIT magazine as one of Canada's Fastest Growing Companies for eight consecutive years.

Cautionary statement regarding forward-looking statements

Certain statements contained in this press release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking statements are provided for the purposes of assisting the reader in understanding Titanium's current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward-looking information may relate to Titanium's future outlook and anticipated events, and may include statements regarding the financial position, business strategy, budgets, litigation, projected costs, capital expenditures, financial results, taxes and plans and objectives of or involving Titanium. Particularly, statements regarding performance, achievements, prospects or opportunities for Titanium or the industry in which it operates are forward-looking statements. In some cases, forward-looking information can be identified by terms such as "may", "might", "will", "could", "should", "would", "occur", "expect", "plan", "anticipate", "believe", "intend", "seek", "aim", "estimate", "target", "project", "predict", "forecast", "potential", "continue", "likely", "schedule", or the negative thereof or other similar expressions concerning matters that are not historical facts.

Information contained in forward-looking statements is based upon certain material assumptions that…

  1. Review shows governor hit $1 billion in tax cuts since 2007

    WashingtonTimes - Economy
    01.15 / 21:17 washingtontimes.com
    BOISE, Idaho (AP) - Gov. C.L. "Butch" Otter said he has lowered the tax burden for Idaho residents by roughly $1 billion during his 11-year tenure, and an Associated Press review shows the numbers added up. Otter announced his tax-cutting accomplishments during his annual State of the State address Monday…
  2. Man pleads guilty to stealing tree tops from Chippewa forest

    WashingtonTimes - Economy
    01.15 / 21:15 washingtontimes.com
    ST. PAUL, Minn. (AP) - A Grand Rapids man has pleaded guilty to cutting thousands of tree tops from black spruce in the Chippewa National Forest. Seventy-year-old Joseph Edminster pleaded guilty Friday in U.S. District Court to one count of theft of government property. Prosecutors say he admitted to cutting…
  3. Feds change regulations aimed at stopping horse soring

    WashingtonTimes - Economy
    01.15 / 21:13 washingtontimes.com
    NASHVILLE, Tenn. (AP) - Federal officials have made regulation changes aimed at stopping the practice of soring among Tennessee Walking Horses and similar breeds. The Tennessean (http://tnne.ws/2jlSZeB ) reports the U.S. Department of Agriculture announced changes Friday to the Horse Protection Act. Soring occurs when a horse's legs are intentionally…
  4. Officials: Unfilled border tunnels in Mexico a security risk

    WashingtonTimes - Economy
    01.15 / 21:11 washingtontimes.com
    SAN DIEGO (AP) - Mexico's inability to fully seal up border tunnels dug by drug smugglers poses a security risk and is an "open invitation" for cartels to carve out new tunnels, according to officials in the United States. On the U.S. side, drug tunnels have been filled with concrete…
  5. Global unemployment to hit 200 million as wages stagnate

    CNNMoney - Economy
    01.15 / 21:10 money.cnn.com
    The International Labor Organization says the number of people out of work will hit a new…
  6. Chinese exports fall as Beijing braces for Trump

    CNNMoney - Economy
    01.15 / 21:08 money.cnn.com
    Chinese exports fell 2% in 2016, the biggest drop in years. Analysts see little chance of…
  7. Fulton residents told to boil water after water system leak

    WashingtonTimes - Economy
    01.15 / 21:07 washingtontimes.com
    FULTON, Miss. (AP) - City officials in Fulton say they're dealing with a major leak in the city's water system. The Northeast Mississippi Daily Journal reports (http://bit.ly/2jlTm9c ) that residents are being advised to boil water and should do so until further notice. Fulton Mayor Lynette Weatherford said in a…
  8. Trump's big challenge: Cutting federal workers

    CNNMoney - Economy
    01.15 / 21:04 money.cnn.com
    The U.S. federal workforce rose by 130,000 under President Obama. Trump vows to cut it, but the real issue has been the explosion of contract workers. Will he cut those…
  9. Facebook says it will start tackling fake news in Germany in weeks

    Tech.economictimes.indiatimes.com - Finance
    German Justice Minister Heiko Mass has repeatedly called on Facebook to respect laws against defamation in Germany that are stricter than those in the United…
  10. India ready for four times jump in digital payments: Nandan Nilekani

    Tech.economictimes.indiatimes.com - Finance
    Nilekani said that the infrastructure needed to enable more than a billion people to transact digitally is already in place, but unlike the West, the Indian economy will digitalise through mobile-based…
  11. Consumer Portfolio Services, Inc. (CPSS) Receives “Buy” Rating from Jefferies Group

    Americanbankingnews.com - Finance
    01.15 / 19:13 americanbankingnews.com
    Consumer Portfolio Services, Inc. (NASDAQ:CPSS)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Group in a report issued on Wednesday. They presently have a $6.00 price objective on the stock. Jefferies Group’s target price indicates a potential upside of 18.58% from the company’s previous close. Separately, Janney Montgomery Scott reiterated a “hold”…
  12. State Street Corporation (STT) Given Buy Rating at Jefferies Group

    Americanbankingnews.com - Finance
    01.15 / 19:12 americanbankingnews.com
    State Street Corporation (NYSE:STT)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Group in a research report issued on Wednesday. They currently have a $89.00 price objective on the stock. Jefferies Group’s price target would suggest a potential upside of 7.32% from the stock’s previous close. STT has been the topic…
  13. The Wall Street Journal: More Democratic lawmakers plan on boycotting Trump’s inauguration

    Vse.marketwatch.com - Finance
    01.15 / 19:11 vse.marketwatch.com
    The number of Democratic lawmakers planning to skip Donald Trump’s inauguration ceremony Friday is growing, with more joining in the boycott after the president-elect took to Twitter over the weekend to rebuke civil rights leader Rep. John Lewis for saying Trump wasn’t a “legitimate president.” …
  14. Kraken Includes Support for Monero Cryptocurrency

    Newsbtc.com - Finance
    01.15 / 18:57 newsbtc.com
    Kraken, one of the leading cryptocurrency exchange platforms has announced the inclusion of a new cryptocurrency offering. The exchange announced the new development in its latest blog post, published a few days ago. Monero, the anonymous cryptocurrency based on CryptoNight protocol has been exhibiting a promising trend in the cryptocurrency industry lately. Its inclusion into … Continue reading Kraken Includes Support for Monero Cryptocurrency The post Kraken Includes Support for…
  15. Schoolchildren to ‘Rally in the Rotunda’ for School Choice

    Financialbuzz.com - Finance
    01.15 / 18:56 financialbuzz.com
    More than 250 charter school students, parents, and staff will perform, share their stories, and promote charter schools at a rally in the rotunda from 11 a.m. to 2 p.m. Thursday, Feb. 2 at the Capitol in Jefferson City.Speaking at the event will be Missouri state lawmakers, charter school parents, Dr. Douglas Thaman of the Missouri Charter Public School Association, and Peter Franzen of the Children’s Educational Alliance of Missouri.This event is …
  16. Top New Jersey lawmakers join rally to save 'Obamacare'

    WashingtonTimes - Economy
    01.15 / 18:36 washingtontimes.com
    NEWARK, N.J. (AP) - Hundreds of people have gathered at a raucous rally in Newark to oppose Republican efforts to dismantle and replace President Barack Obama's health care law. Several high-ranking Democrats - including New Jersey's two U.S. senators and several members of its Congressional delegation - were among those…
  17. THIRTEEN's American Masters Presents Exclusive U.S. Broadcast Premiere of Maya Angelou: And Still I Rise, February 21 on

    Prnewswire.com - Finance
    01.15 / 18:23 prnewswire.com
    PASADENA, Calif., Jan. 15, 2017 /PRNewswire-USNewswire/ -- Distinctly referred to as "a redwood tree, with deep roots in American culture," Dr. Maya Angelou (April 4, 1928-May 28, 2014) led a prolific life. As a singer, dancer, activist, poet and writer, she inspired generations with lyrical …
  18. Celerant Technology Announces Full Digital Marketing Services

    Financialbuzz.com - Finance
    01.15 / 18:20 financialbuzz.com
    Award-winning technology software provider Celerant Technology, announced the availability of its comprehensive integrated marketing automation platform and service, in addition to SEO services for its industry-leading retail platform. The digital marketing services offered by Celerant give retailers the ability to respond immediately to changes in the retail environment and continuously increase traffic and sales to their e-commerce websites and…
  19. PTC Announces FlexPLM Application for Collaborative and Inspired Retail Product Design

    Financialbuzz.com - Finance
    01.15 / 18:19 financialbuzz.com
    PTC (NASDAQ: PTC) today announced a concept management app, its latest innovation for its FlexPLM® software. PTC will be showcasing the new application as part of its digital design capabilities at its booth #1344 at National Retail Federation’s (NRF) annual Convention & EXPO, better known as Retail's BIG Show, on January 15-17th.This Smart News Release features multimedia. View the full release here: h…
  20. Ignyta, Inc. (RXDX) Rating Lowered to Hold at Zacks Investment Research

    Americanbankingnews.com - Finance
    01.15 / 17:59 americanbankingnews.com
    Ignyta, Inc. (NASDAQ:RXDX) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday. According to Zacks, “Ignyta, Inc. is a biotechnology company. It develops precision medicine with integrated Rx/Dx solutions for cancer patients. The company focuses on the development of RXDX-101, its proprietary…