Tincorp Announces Non-Brokered Private Placement

Core Viewpoint - Tincorp Metals Inc. is planning a non-brokered private placement financing to raise up to approximately C$375,000 through the sale of up to 3,000,000 units at a price of C$0.125 per share [1][2]. Financing Details - The net proceeds from the offering will be used for working capital requirements and other general corporate purposes [2]. - The offering is expected to close on or about August 31, 2025, subject to TSXV approval and customary conditions for such private placements [3]. - Dr. Rui Feng, a director of the company, has subscribed for 1,700,000 common shares, totaling an investment of C$212,500, increasing his ownership from approximately 9.1% to 11.1% post-closing [4][5]. Insider Participation - The offering will involve related party transactions as insiders, including Silvercorp, are expected to participate, and the company intends to rely on exemptions from certain valuation and minority shareholder approval requirements [7]. Finder's Fee - The company may pay a finder's fee of 6% of the gross proceeds to eligible persons who introduce purchasers to the offering [6]. Company Overview - Tincorp Metals Inc. is focused on mineral exploration, particularly tin projects in Bolivia, and owns a gold project near Whitehorse, Yukon, Canada. The company owns 100% of the Porvenir Project and is acquiring a 100% interest in the nearby SF Project [9].