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Titan Minerals exits administration

Titan Minerals Ltd. has completed its previously announced recapitalization and exited external administration with its directors regaining control of the company, it said Oct. 4.

The company, formerly known as Minera Gold Ltd., went into administration in August 2015 after failing to secure much-needed funding.

Titan Minerals is working toward the reinstatement of its shares to trade on the ASX during the week starting Oct. 9.