On January 25, 2017, Andrew Sloop resigned as Interim Chief Executive Officer of the White Mountain Titanium Corporation. On January 31, 2017, Eric Gan tendered his resignation as Chief Financial Officer of the Company effective upon the filing of the Form 15 by the Company. With effectiveness of the resignation of Mr. Gan, the Company will have no executive officers.

On February 3, 2017, Andrew Sloop resigned as Chairman and a director of the Company. The holders of the Series A Preferred Stock appointed Joshua T. Tandy to service as a director and non-executive Chairman of the Board. Mr. Tandy is legal counsel for, and a member of, the Lender and NEXO Water Ventures, LLC, and is the President of SCM White Mountain Titanium, the Company's Chilean operating subsidiary.

On February 5, 2017, Bobby Cooper resigned as a director and chairman of the Company's audit committee.