Company Titanium Sands Limited

Titanium Sands Limited is an Australia-based mineral exploration company. The Company is focused on exploring and developing heavy mineral sands deposits. The Company holds an agreement with Srinel Holdings Ltd, to acquire a high-grade ilmenite-leucoxene project on Mannar Island in northwest Sri Lanka. Its 100% owned Mannar Island Heavy Mineral Sands Project is an ilmenite feedstock project with minor credits from other mineral components. It holds five exploration licenses for heavy mineral sands located in Northwest Sri Lanka, on Mannar Island and the adjacent mainland coast. The exploration licenses include EL 370, EL 351, EL 425, EL 423, and EL 424. It is focused around Mannar Island, an island approximately 26 kilometers (km) long and six km wide, and 140 square kilometers in area, joined to the mainland shore by road and rail connections over a short causeway.