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Tymbal Announces Delay in Filing Under CSA Instrument Governing Relief under COVID-19 Duress

Regulatory & Compliance

TYMBAL RESOURCES LTD.

Suite 600-850 West Hastings Street Vancouver, British Columbia V6C 1E1

Tel: (604) 662-8130

NEWS RELEASE

Tymbal Announces Delay in Filing Under CSA Instrument Governing Relief under COVID-19 Duress

VANCOUVER, BRITISH COLUMBIA, May 29, 2020 – Tymbal Resources Ltd. (TSXV - TYMB) (“Tymbal” or the “Company”) announces that due to the disruption caused by the spread of COVID-19 and logistical problems relating to switching to having its personnel working remotely, it will not file its audited annual financial statements for the year ended January 31, 2020 (the “Financial Statements” and the related management discussion and analysis for the same period (the “MD&A”) by the required due date of June 1, 2020, in each case as required by National Instrument 51-102.

The Company expects to file the Financial Statements and MD&A on or about June 12, 2020.

The Company’s management and other insiders are subject to a trading black-out that reflects the principles in Section 9 of National Policy 11-207 until the Financial Statements and MD&A have been filed.

Other than as previously disclosed by the Company, there have been no material business developments since the date of the Company’s quarterly financial statements and management discussion and analysis for the nine months ended October 31, 2019.

Tymbal Resources Ltd.

Per: “Sammy Cheng”

Sammy Cheng Director

Not for distribution to the United States newswire services or for dissemination in the United States.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any states securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.