Tincorp Metals to resume trading April 14

• Tincorp Metals Inc. (TSX-V: TIN) will resume trading on the TSX Venture Exchange effective April 14, 2026.
• The company closed a brokered and non-brokered offering of subscription receipts raising $17.5 million CAD.
• Proceeds are designated to fund the definitive agreement to acquire the Santa Barbara gold-copper project from Silvercorp Metals Inc. and Adventus Mining Corp.
• Acquisition completion is pending minority shareholder approval, disinterested shareholder approval at the May 5, 2026 AGM/Special Meeting, and final TSX-V review.
• Closing of the acquisition is expected shortly after the May 5 shareholders' meeting.
• The trading halt was initiated on February 25, 2026, pending news related to the acquisition and financing.

• Capitalization: The $17.5 million raise resolves immediate liquidity concerns, moving cash from ~$370k (Sept 2025) to a robust position post-closing. This is material for operational continuity but was announced as "Closed" on March 24, 2026, making this resumption news procedural confirmation rather than new fundamental data.
• Acquisition Progress: The halt removal signals regulatory clearance (TSX-V) has been granted pending shareholder vote, reducing execution risk compared to a prolonged trading suspension.
• Valuation Context: The market had already priced in the financing success following the March 24 announcement and the April 9 Mineral Resource Estimate update. This news confirms the administrative path forward without altering the asset base or resource metrics.
• Sentiment: Positive for liquidity and governance clarity, but lacks the upside catalyst of new drill results or resource expansion found in the April 9 release.

• Primary Asset: Santa Barbara Gold-Copper Project in Ecuador's Zamora belt (100% owned via acquisition).
• Secondary Asset: Porvenir Tin-Zinc-Silver-Lead Project in Bolivia (100% owned through San Genaro).
• Divested Asset: Skukum Gold Project (Yukon) sold to Blue Jay Gold Corp. for $300k + deferred consideration, retaining equity upside.
• Development Stage: Santa Barbara is at the resource definition stage; Porvenir is in exploration/permitting phase.
• Management: Victor Feng serves as Interim CEO; Tee Tan appointed CFO in November 2025.