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Tincorp Announces AGM Results and Appointment of New CFO

Management Changes Shareholder Meetings

Page 1

Tincorp Announces AGM Results

and Appointment of New CFO

Vancouver, British Columbia – June 9 , 2023 – Tincorp Metals Inc. (“Tincorp” or the

“Company”) (TSXV: “ TIN”; OTCQX: “ TINFF”) is pleased to report that all resolutions were

approved at the Company’s Annual General Meeting of shareholders held on June 9, 2023. The

voting results are as follows:

Total issued and outstanding Common Shares as at Record Date: 66,557,423

Total percentage of Common Shares voted: 52.90%

Matter Voted Upon Voting Result

Fixing the number of

directors of the

Company at six (6)

The number of directors of the Company for the ensuing year was fixed at six (6),

by a majority of shareholders:

Votes For Votes

against

33,539,795 (99.89%) 36,075 (0.11%)

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 Non Vote

Gordon Neal 32,736,428 (97.50%) 839,442 (2.5%) 1,633,290

Lorne

Waldman

33,542,676 (99.90%) 33,194 (0.1%) 1,633,290

Dr. Rui Feng 33,221,064 (98.94%) 354,806 (1.06%) 1,633,290

Bhakti Pavani 33,222,785 (98.95%) 353,085 (1.05%) 1,633,290

Alex Zhang

Hernan Uribe-

Zeballos

33,222,151

33,223,012

(98.95%)

(98.95%)

353,719

352,858

(1.05%)

(1.05%)

1,633,290

1,633,290

Appointment of

Deloitte LLP, as

auditors of the

Company

Deloitte LLP , Chartered Professional Accountants, 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:

Tincorp Metals Inc.

1750 - 1066 West Hastings Street

Vancouver, BC, Canada V6E 3X1

Telephone: (604) 336-5919

www.tincorp.ca

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Matter Voted Upon Voting Result

Votes For Votes Withheld

35,183,495 (99.93%) 25,665 (0.07%)

Approval of Amended

and Restated 10%

Rolling Stock Option

Plan (the "Plan")

The Plan was approved by a majority of shareholders:

Votes For Votes Against Non Vote

33,055,857 (98.45%) 520,013 (1.55%)

1,633,290

Appointment of CFO

Ms. Jean Zhang resigned from her position as Chief Financial Officer of the Company effectively

immediately to pursue other career opportunities. The Company would like to thank Ms. Zhang

for her efforts and wishes her success in her future endeavours.

The Company has appointed Mr. Derek Liu, CPA, CGA as its new Chief Financial Officer effective

immediately. Mr. Liu has extensive experience in finance and accounting . He has held senior

accounting positions, such as corporate controller and chief financia l officer in several public

Canadian mining companies, and currently is also the Chief Financial Officer of Silvercorp Metals

Inc.

About Tincorp

Tincorp Metals Inc. is a mineral exploration company focusing on tin projects in Bolivia and a gold

project near Whitehorse, Yukon, Canada. The Company has signed agreements to acquire up to

a 100% interest in the Porvenir Project and SF Tin Project, which are 70 km southeast of Oruro,

Bolivia. The Company’s 100% owned Skukum Gold Project is approximately 84 km south of

Whitehorse by road. An independent mineral resource estimate update in respect of the Skukum

Gold Project was completed in October 2022.

On Behalf of Tincorp Metals Inc.

signed “Gordon Neal”

Gordon Neal, CEO & Director

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 t erm is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy

of this news release.