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AURO.V ·

Tincorp Appoints Interim CEO

Management Changes

Tincorp Appoints Interim CEO

Vancouver, British Columbia – January 12, 2024 – Tincorp Metals Inc. (“Tincorp” or the

“Company”) (TSXV: “TIN”; OTCQX: “TINFF”) today announces that Gordon Neal has resigned

as Chief Executive Officer and Director of the Company with immediate effect. The Board of

Directors of the Company thanks Mr. Neal for his valuable contributions to the Company over the

years and wishes him the best in his future endeavours.

The Company has appointed Victor Feng as Vice President Corporate Development and as the

Interim Chief Executive Officer of the Company until a permanent candidate is identified . Mr.

Feng previously managed the Company’s investor relations and corporate development activities.

Tincorp’s Board of Directors will initiate a comprehensive search for a permanent CEO to lead

the Company’s next phase of growth and development.

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 a

100% interest in the Porvenir Project and SF Tin Project, which are 7 0 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.

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.

Tincorp Metals Inc.

1750 - 1066 West Hastings Street

Vancouver, BC, Canada V6E 3X1

Telephone: (604) 336-5919

www.tincorp.ca

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 the search for a permanent CEO are

forward-looking statements. Forward-looking statements are often, but not always, identified by

words or phrases such as “expects”, “is ex pected”, “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, including the Company’s most recent annual

information form, can be obtained under the Company’s profile on SEDAR+

at www.sedarplus.ca and on the Company’s website at www.tincorp.com.