JSC Development Corporation of Tambov Region and LLC Regional Non-Metallic Company agreed to acquire Titan Mining Company LLC from Public Stock Company VSMPO-AVISMA Corporation (MISX:VSMO) on June 27, 2018. As part of the transaction, JSC Development Corporation of Tambov Region will acquire 99% stake in Titan Mining Company LLC while LLC Regional Non-Metallic Company will acquire the remaining 1% stake. The transaction was approved by the Board of Directors of VSMPO-AVISMA Corporation.