NOTICE OF INSOLVENCY
& SUSPENSION OF CORPORATE BUSINESS ACTIVITIES:
WHITE MOUNTAIN TITANIUM CORPORATION

 

White Mountain Titanium Corporation (the “Company”) does hereby give public notice to all of its creditors and shareholders that it has ceased all Company business activities due to its insolvency and the complete absence of a willing board of directors and officers. As last announced (see the last Company announcement here), the Company remains in incurable default with the Lender under both the Loan Agreement and its amendment.   Please see the Company’s amended and restated by-laws here.

Management:
Joshua T. Tandy has resigned as the director and interim workout officer.  Further, Ronald N. Vance has also resigned as Secretary of the Company.  As such, the Company currently has no directors, officers, employees, agents, or legal counsel.