Titanium Corp. Inc. announced financial results for the first quarter ended November 30, 2011. Net loss decreased to $1.4 million for the three month period ended November 30, 2011 compared to $3.0 million for the three month period ended November 30, 2010. The decrease in net loss relates primarily to the reduction in research and development costs (net of government grants) in the current quarter with the completion of the demonstration pilot in the prior year.