LETTER FROM THE CEO
ASX Announcement | 22 October 2014
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THE NEW TITAN ENERGY
Dear fellow Titan shareholders,
It is my distinct honour to inform you that I will be taking a new role as your CEO after my recent appointment as a Non-Executive Director. This was not a difficult decision once I saw the true potential of our little company. The Titan personnel and Board members have a "fire in their bellies" that I have rarely seen and have experienced in my prior companies. After all, it is not the "size of the dog in the fight" - but the amount of "fight in the dog" that generally determines the outcome. That being the case, Titan has a very bright future ahead.
This is only the second company I have ever personally invested in on the ASX. When I retired from Maverick Drilling one year ago I certainly did not expect to find another "diamond in the rough". Titan has quickly proved me wrong. Developing a junior company with a market cap of less than $10 Million is something I have a good familiarity with. My interest in Titan is not based upon a short-term plan, but a long- term vision of what a small company can accomplish with persistence, an undervalued high quality oil field, great people and a desire to succeed.
Paul Garner, Managing Director is an excellent manager and administrator and will be sharing the role of overseeing the future of Titan. Either Paul or myself will be communicating with and hopefully seeing most of you in the year to come. I expect to visit Australia early in the New Year and personally visit many shareholders, analysts and brokers, both old and new. In the meanwhile, your questions will be promptly answered, should you wish to ask them. You can see from the personal investment and steadfast commitments by Paul and the other board members, that this is a serious commitment to re-building Titan into a powerhouse. We appreciate your continued support and I personally thank you for all of the well wishes and encouragement I have received since coming on board a couple of months ago.
Let's look at the future of Titan, a New Titan, and what we see ahead for our company:
If these are the kind of components you are looking for in your holdings, then you should enjoy remaining a Titan shareholder, encouraging others to join our growing family and get ready for the changes ahead. No company I can think of has more upside potential and commitment to success in its management and board than this one. Many of you are self-made that started with nothing and built something you can be proud of. Titan has been beaten down for quite a while and is one hell of an underdog. Those that like this appeal are the shareholders we are looking for and are proud to have amongst our ranks. There are many others out there that are on their way to becoming Titan shareholders as our successes occur.
In return for being a Titan shareholder we ask that you join us in protecting Titan in the public domain - against the naysayers, the sceptics, and those who would create negative views for lack of anything better to do. We are beginning a marathon, not a sprint! Join Titan and watch our company emerge as we plan to gain on those much larger than us. There are no guarantees here - only the sincere commitment to attack our challenges every day and know that we are working for our shareholders, as we are also shareholders. Lets make this exciting journey together and rebuild this Company into something we will all be very proud to have been a part of. This is my commitment to you as a new member of this family and I promise that you will see the very best of myself and every member of the Titan team.
Yours truly,
Brad Simmons
CEO
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ABN 53 109 213 470
Postal Address PO Box 198 West Perth 6872 Western Australia www. t i t a n e n e r g y . c o m . a u
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