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

Listings & Exchange 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 (t he “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 St atements and MD&A have been

filed.

Other than as previously disclosed by the Company, there have been no mate rial business developments

since the date of the Company’s quarterly financial statements a nd 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 regist ered 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.