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Debt Deferral Agrements

Corporate Updates

NEW TYMBAL RESOURCES LTD.

Suite 600-850 West Hastings Street

Vancouver, British Columbia

V6C 1E1

Tel: (604) 662-8130

email: [email protected]

NEWS RELEASE

Debt Deferral Agrements

VANCOUVER, BRITISH COLUMBIA, July 27, 2026 – New Tymbal Resources Ltd. (TSXV – NTB)

(“Tymbal” or the Company).

New Tymbal Resources Ltd. (the "Company") (formerly Cicada Ventures Ltd.) advises that o n May 26,

2023, the Company amended the terms of its outstanding loans payable of $1,271,700 from 6% per annum

to 12% per annum, and from a due date of January 31, 2024 to February 1, 2025, which went into effect on

August 1, 2023. The Company also converted $2,743,257 of outstanding accounts payable and accrued

liabilities, including $2,230,713 owed to companies controlled by a significant shareholder of the Company,

into loan agreements whereby the loans are unsecured, bears interest at 12% per annum, and was due on

February 1, 2025.

on May 26, 2025 the company entered into debt deferral agreements, deferring amounts owing through July

31, 2026. In total debt of $5,346,139 was deferred including amounts owing to non arms length parties of

$3,454,692. The loans become payable July 31, 2026 including interest payable at 12 % per year. The

Company relied on the exemptions available through MI 61 101 Section 5.5 (g), Section 5.7 (1) (a) and (f)

as applicable.

The company is currently in discussion to extend the loan due dates.

New Tymbal Resources Ltd.

Per: “Sammy Cheng”

Sammy Cheng

Director

(604) 662-8130

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.

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

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

release."