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 December 29, 2015 - 5:00 AM EST
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Mexico Still Viable Option as FTTN Continues Its Strategic Asset Acquisition Plan

First Titan Corp. (OTCQB:FTTN) keeps an interested eye south of the border as it accelerates its value-based asset acquisition strategy.

The Latin American nation, which earlier this year opened its domestic oil and gas sector to outside investment for the first time since 1938, held its third and final lease auction, an auction government official are calling the most successful to date. While FTTN has been moving aggressively towards acquiring U.S. assets, the company has not discounted a potential future move south in an effort to build revenues and increase shareholder value.

“We’ve made tremendous progress in the U.S. in terms of value-based asset acquisitions,” said FTTN CEO Sydney Jim. “However, Mexico remains an important part of our plans. It’s going to play a bigger role in the months and years to come. Right now, we’re looking for the right mix of partners and opportunities because we want to do this the right way, not only for our company but its shareholders as well.”

Mexico has held three oil and gas auctions in 2015. After a rough start, the following auctions have proven more successful. One potential reason for the increased interest could be that Mexico’s oil sector needs help, so much help that the oil-rich country has actually started to import American oil.

FTTN is building a competitive portfolio of oil and gas properties alongside companies such as Lucas Energy, Inc. (LEI), Earthstone Energy, Inc. (ESTE), Fieldpoint Petroleum Corp. (FPP) and Evolution Petroleum Corp. (EPM).

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 (December 29, 2015 - 5:00 AM EST)

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