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Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - Tincorp Metals Inc. (TSXV: TIN) (OTCQX: TINFF) ("Tincorp" or the "Company") is pleased to report that all resolutions were approved today at the Company's Annual General Meeting of shareholders (the "Meeting"). The voting results are as follows:
| Total issued and outstanding Common Shares as at Record Date: | 68,151,868 |
| Total percentage of Common Shares voted: | 51.21% |
| Matter Voted Upon | Voting Result | |||||||||||
| Fixing the number of directors of the Company at five (5) | The number of directors of the Company for the ensuing year was fixed at five (5), by a majority of shareholders: | |||||||||||
| Votes For | Votes against | |||||||||||
| 34,881,314 | 99.95% | 16,905 | 0.05% | |||||||||
| Election of Directors | The following nominees were elected as directors of the Company until the next annual meeting of shareholders of the Company, by a majority of shareholders: | |||||||||||
| Votes For | Votes Withheld/ Abstained | Non Votes | ||||||||||
| Dr. Rui Feng | 33,742,436 | 99.87% | 42,717 | 0.13% | 1,113,066 | |||||||
| Lorne Waldman | 33,741,970 | 99.87% | 43,183 | 0.13% | 1,113,066 | |||||||
| Bhakti Pavani | 33,418,700 | 98.92% | 366,453 | 1.08% | 1,113,066 | |||||||
| Alex Zhang | 33,742,265 | 99.87% | 42,888 | 0.13% | 1,113,066 | |||||||
| Hernan Uribe- Zeballos | 33,743,882 | 99.88% | 41,271 | 0.12% | 1,113,066 | |||||||
| Appointment of Deloitte LLP, as Auditors of the Company | Deloitte LLP, Independent Registered Public Accounting Firm, was reappointed as the Company's auditors for the ensuing year, and the directors were authorized to fix their remuneration, by a majority of shareholders: | |||||||||||
| Votes For | Votes Withheld/ Abstained | |||||||||||
| 34,879,965 | 99.95% | 18,254 | 0.05% | |||||||||
| Re-approval of the Company's Omnibus Equity Incentive Plan (the "Plan") | The Plan was re-approved by a majority of shareholders: | |||||||||||
| Votes For | Votes Against | Non Vote | ||||||||||
| 33,329,494 | 98.65% | 455,659 | 1.35% | 1,113,066 | ||||||||
Re-approval of the Company's Omnibus Equity Incentive Plan (the "Plan")
The Plan has been re-approved by the Company's shareholders at the Meeting. The Plan allows for the grant of options to purchase up to 10% of the total issued and outstanding common shares calculated on the date of the grant, and the grant of other forms of equity incentive securities to acquire up to 6,815,186 common shares. Re-approval of the Plan remains subject to the final approval of the TSX Venture Exchange.
About Tincorp
Tincorp Metals Inc. is a mineral exploration company focused on tin projects in Bolivia and owns a gold project near Whitehorse, Yukon, Canada. The Company owns 100% of its Porvenir Project and has signed an agreement to acquire a 100% interest in the nearby SF Project, both located 70 km southeast of Oruro, Bolivia. Tincorp has also signed an agreement to sell its Skukum Gold Project to Blue Jay Gold Corp. Subject to the satisfaction of certain closing conditions, the transaction is expected to be completed in the third quarter of 2025.
On Behalf of Tincorp Metals Inc.
Victor Feng, Interim CEO
For further information, please contact:
Investor Relations, Tincorp Metals Inc.
Phone: +1 (604)-336-5919
Email: [email protected]
www.tincorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collective, "forward looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact included in this release, including, without limitation, statements regarding re-approval of the Company's Omnibus Equity Incentive Plan by the TSX Venture Exchange are forward-looking statements. Forward-looking statements are often, but not always, identified by words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Forward-looking statements are based on the opinions, assumptions, factors and estimates of management considered reasonable at the date the statements are made.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.
Additional information in relation to the Company, can be obtained under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.tincorp.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257208
