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TITAN HOLDINGS, INC. ANNOUNCES PROPOSED PUBLIC OFFERING

 SAN ANTONIO, May 21 /PRNewswire/ -- Titan Holdings, Inc. today announced that it has filed a Registration Statement with the Securities and Exchange Commission relating to a proposed public offering by the company of 3,100,000 shares of its common stock. The offering will be underwritten by a syndicate to be managed by RAS Securities Corp., ABD Securities Corporation and Sands Brothers & Co., Ltd.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time such registration statement becomes effective. The offering will be made only by means of a prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
 -0- 5/21/93
 /NOTE TO EDITORS: Prospectuses may be obtained from RAS Securities Corp., 2 Broadway, New York, N.Y., 10004, ABD Securities Corporation, One Battery Park Plaza, New York, N.Y., 10004 or Sands Brothers & Co., Ltd., 101 Park Avenue, New York, N.Y. 10178/
 /CONTACT: Mark E. Watson Jr., president and chief executive officer of Titan Holdings, Inc., 210-824-4546/


CO: Titan Holdings, Inc. ST: Texas IN: SU: OFR

WB -- NY064 -- 3275 05/21/93 17:02 EDT
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Publication:PR Newswire
Date:May 21, 1993
Words:253
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