Titan Trading Analytics Inc Announces Private Placement Closing and Executive Changes

Trading Analytics Inc announced the closing of a non-brokered private placement of units (Units) which raised CAD500,000. The Corporation will issue 50,000,000 Units at CDN $0.010 per Unit. Each Unit consists of one common share (Common Share) and one full common share purchase warrant (a Warrant). Each whole Warrant is exercisable into one Common Share for a price of $0.05 per Common Share during year one and $0.10 during year two following the date of closing. The Common Shares and Warrants comprising the Units and the Common Shares issuable upon exercise of the Warrants are subject to a four month restricted period which expires on March 19, 2013. The net proceeds from the placement will be used to for working capital. Titan reports that its board of directors has accepted the resignation of Titan's CEO and President, John Coulter. Mr. Coulter has stepped down as President and CEO to pursue other career opportunities, effective immediately. He will remain on Titan's board and will actively participate in the process of selecting a new CEO to ensure a smooth transition.