Timios Expands to All California Counties

December 3, 2015

Timios Title, a subsidiary of Timios Inc., can now operate in every California county following the approved expansion of its license by the state’s department of insurance.

“We are excited for the new expansion of our license, and continuing to build on the foundation of our California heritage that dates back over 125 years,” said Richard Thomas, president of Timios Title.

Meanwhile, Timios National Corp. completed a merger into Timios Holdings Corp., a privately held company.  The officers and directors of Timios Holdings Corp. will be the same as under Timios National Corp.  As a result of the merger, Timios National Corp. has been merged into Timios Holdings Corp. and is no longer a publicly traded company. 

“We have been working for over a year on simplifying our corporate structure, while at the same time strengthening our financial position,” said Trevor Stoffer, CEO of Timios Holdings. “We set some big goals at the start of 2015 and the management team has delivered on all of them.”

Contact ALTA at 202-296-3671 or communications@alta.org.