Tincorp Announces Grant of Stock Options

Page 1

Tincorp Announces Grant of Stock Options

Vancouver, British Columbia – March 31 , 2023 – Tincorp Metals Inc. (“Tincorp” or the

“Company”) (TSXV: “TIN”; OTCQX: “TINFF”) is pleased to announce that it has granted, subject

to regulatory approval, an aggregate of 2,480,000 stock options to directors, officers, employees

and consultants of the Company, pursuant to the terms of the Company's stock option plan. The

options are exercisable for a period of 5 years from the date of grant at price of $0.47 per share,

being the closing price of the common shares on the TSX Venture Exchange ("TSX-V") on March

30, 2023. The options vest in six equal tranches over a period of three years, and are subject to

the provisions of the plan and the policies of the TSXV.

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 term is defined

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

of this news release.

Tincorp Metals Inc.

1750 - 1066 West Hastings Street

Vancouver, BC, Canada V6E 3X1

Telephone: (604) 336-5919

www.tincorp.ca