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 September 16, 2015 - 5:00 AM EDT
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FTTN: Oil Market Correction May Be Nearly Over, Setting the Stage for Future Growth

While the crude oil arena remains volatile, First Titan Corp. (OTCBB: FTTN) has seen several promising signs the market may at last have corrected and prices will now stabilize and even inch upward.

“We’ve seen several indicators that show demand is rising and production declining, which will eliminate the current oversupply,” said FTTN CEO Sydney Jim. “Once we reach an equilibrium, the recovery can begin. FTTN has been diligently preparing and we’ll be in an excellent, diversified position to prosper and take full advantage of the rebound when it arrives.”

The Organization of Petroleum Exporting Countries (OPEC) has issued a report predicting today’s low prices will soak up the supply glut, result in production cuts in non-OPEC nations and lead to greater need for its products.

FTTN has remained vigilant during the current price slump, keeping its eyes open for value-based acquisitions of existing producing properties and looking to partner with other companies to expand into new production opportunities. FTTN is also currently exploring other revenue-generating ventures in renewable energy and enhanced oil recovery.

“We continue to build towards sustainable revenue streams and increased shareholder value,” Mr. Jim said. “Our aggressive, yet prudent strategy will help us achieve these goals.”

For more information on FTTN’s oil and gas projects, please visit

About First Titan Corp.

First Titan Corp., through its wholly owned subsidiary, First Titan Energy, LLC, is committed to the exploration and development of oil and natural gas resources around the globe. The Company continually seeks to partner with energy developers that are pursuing innovative new methods of oil and gas extraction, including the development of new technologies, cleaner methods and unconventional resources.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

First Titan Corporation
Sydney Jim, 702-448-8148
President and CEO

Source: Business Wire (September 16, 2015 - 5:00 AM EDT)

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