Stantec Selected by Titanium Corporation to Transform Tailings Processing in Alberta Oil Sands

Project implements Creating Value from WasteTM
technology

CALGARY & EDMONTON, Alberta–(BUSINESS WIRE)–#energy–TSX, NYSE: STN

Titanium Corporation (Titanium) has awarded Stantec the front-end
engineering design (FEED) contract for the first commercial facility
implementing Titanium’s Creating Value from Waste (CVWTM)
technology. The project consists of a new Concentrator Plant and a new
Mineral Separation Plant as well as associated interconnections at an
oil sands operation, located north of Fort McMurray, Alberta.

“Stantec is committed to innovation, sustainability, and environmental
leadership in resource development,” says Dean Robertson, director Oil &
Gas, Stantec. “We are excited to support this unique, important project,
providing new solutions for tailings management, and the opportunity for
additional economic benefit in the oil sands.”

CVWTM technology is designed to recover bitumen and solvent
from froth treatment tailings, preventing hydrocarbons from entering the
tailings pond and releasing greenhouse gases into the environment. CVWTM
reduces the environmental impact of oil sands tailings while recovering
valuable mineral resources that would otherwise be unrecovered.

"We look forward to working with this well-established, Alberta based
company," says Scott Nelson, president and chief executive officer of
Titanium. "Stantec is a top tier global design and delivery firm with
significant oil sands experience. Their expertise and innovation will
help in our advancement for sustainable environmental solutions for oil
sands development."

Stantec will be working alongside IHC Robbins, industry experts
specializing in mineral sands, who will be responsible for process
design services for the minerals separation design.

The FEED project is being supported with significant funding by
Emissions Reduction Alberta (ERA).

Commencing in April 2018, the FEED project is targeted for completion in
2019.

About Stantec

Communities are fundamental. Whether around the corner or across the
globe, they provide a foundation, a sense of place and of belonging.
That's why at Stantec, we always design with community in mind.

We care about the communities we serve—because they're our communities
too. This allows us to assess what's needed and connect our expertise,
to appreciate nuances and envision what's never been considered, to
bring together diverse perspectives so we can collaborate toward a
shared success.

We're designers, engineers, scientists, and project managers, innovating
together at the intersection of community, creativity, and client
relationships. Balancing these priorities results in projects that
advance the quality of life in communities across the globe.

Stantec trades on the TSX and the NYSE under the symbol STN. Visit us at
stantec.com or find us on social media.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements regarding the
project described above, including statements regarding Stantec’s role
and involvement on the project. Forward-looking statements also include
any other statements that do not refer to historical facts. By their
nature, forward-looking statements are based on assumptions and subject
to inherent risks and uncertainties. There is a risk that the project
described above may be delayed, cancelled, suspended or terminated. This
could cause future results to differ materially from the forward-looking
statements made in this news release. Except as may be required by law,
Stantec undertakes no obligation to publicly update or revise any
forward-looking statements. Forward looking statements are provided
herein for the purpose of giving information about the proposed contract
referred to above and its expected impact. Readers are cautioned that
such information may not be appropriate for other purposes.

Design with community in mind

Contacts

Media
Ashley Warnock, 403-472-0122
Stantec Media
Relations
ashley.warnock@Stantec.com
or
Investors
Cora
Klein, 780-969-2018
Stantec Investor Relations
Cora.Klein@stantec.com