Seeking Greater Opportunities and Revenues FTTN Looks to Diversify into New Industries

LAS VEGAS, NV / ACCESSWIRE / May 26, 2016 / Consistent with its ongoing commitment towards delivering shareholder value, First Titan Corp. (OTCQB: FTTN) is considering shifting its focus towards new markets and businesses in a bid to build consistent revenue streams. The company stresses, however, that it is not exiting the oil and gas field and remains strongly focused on its mission to construct a healthy, long-term portfolio of producing oil and gas properties.

“We’re definitely going to remain an oil and gas company,” said FTTN CEO Sidney Jim. “However, with market conditions, we also feel it’s smart and prudent to explore new ways to increase shareholder value. One of the best, we believe, is diversification. While oil and gas is down, other industries are flourishing. So we’re looking for solid, ground-floor opportunities to build a new branch of FTTN that will help sustain and grow the company during the current energy market downturn.”

The company is considering opportunities in a number of diverse industries. These include agribusiness, precious metals, security, pharmaceuticals, biotech, and technology, among others. Each of these has enjoyed recent success and the company has connections it can leverage to locate suitable opportunities.

Meanwhile, FTTN has been buoyed by a number of recent positive signs as oil consistently hovers around the $50 per barrel mark. Indicators show development costs have caught up to price. This could mean long-delayed oil and gas exploration and development projects may be resurrected, which could spark FTTN’s efforts to enter into the
oilfield service market and enhanced oil recovery business.

For more information on FTTN, please visit www.firsttitanenergy.com.

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.

Contact:

First Titan Corporation
Sydney Jim, 702-448-8148
President and CEO
info@firsttitanenergy.com

SOURCE: First Titan Corp.

ReleaseID: 440423