OR Dissemination IN the United States Tinka Announces $7,008,000 Bought Deal Financing
NEWS RELEASE March 13, 2018
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
TINKA ANNOUNCES $7,008,000 BOUGHT DEAL FINANCING
VANCOUVER, British Columbia, March 13, 2018 -- Tinka Resources Limited ( TSXV & BVL:
TK) (OTCPK: TKRFF) (the “Company” or “Tinka”) announced today that it has entered into an
agreement with a syndicate of underwriters led by GMP Securities L.P. (the “Underwriters”) pursu-
ant to which the Underwriters will purchase, on a bought deal basis, 14,600,000 units (the “Units”)
of the Company at a price of C$0.48 per Unit (the “Offering Price”) for aggregate gross proceeds to
the Company of C$7,008,000 (the “Offering”). Each Unit will consist of one (1) common share (a
“Common Share”) and one -half (0.5) of a common share purchase warrant (each whole common
share purchase warrant a “Warrant”). Each Warrant will entitle the holder to acquire one common
share of the Company at a price of C$0.75 for a period of 12 months following the Closing Date (as
hereinafter defined).
The Company has agreed to grant the Underwriters an over -allotment option to p urchase up to an
additional 2,190,000 Units at the Offering Price, exercisable in whole or in part, at any time and
from time to time for a period of 30 days from and including the closing of the Offering to cover
over-allotments, if any, and for market st abilization purposes. If this option is exercised in full, an
additional C$1,051,200 in gross proceeds will be raised pursuant to the Offering and the aggregate
gross proceeds of the Offering will be C$8,059,200.
Concurrent with the Offering, the Company will undertake a non -brokered private placement (the
“Private Placement”) of up to 12,500,000 Units at the Offering Price for additional gross proceeds
of up to C$6,000,000 to i) certain existing shareholders pursuant to the exercise of pre -emptive
rights, and ii) certain Peruvian and other purchasers.
The net proceeds from the Offering and the Private Placement will be used to fund exploration e x-
penditures at the Company’s Ayawilca Project in Peru, as well as for general working capital and
corporate purposes.
The Units under the Offering will be offered by way of a short form prospectus to be filed in all the
provinces of Canada, except Québec. The Units will also be sold to U.S. buyers on a private plac e-
ment basis pursuant to an exemption from the reg istration requirements in Rule 144A of the United
States Securities Act of 1933, as amended, and other jurisdictions outside of Canada and the United
States provided that no prospectus filing or comparable obligation arises.
The Offering is scheduled to close on or about April 4, 2018 and is subject to certain conditions
including, but not limited to, the receipt of all necessary approvals for the Offering including the
approval of the TSX Venture Exchange and the securities regulatory authorities.
This press release is not an offer or a solicitation of an offer of securities for sale in the United
States. The securities have not been and will not be registered under the U.S. Securities Act of
1933, as amended, or any state securities laws and may not be offered or sold in the United
States or to U.S. Persons unless registered under the U.S. Securities Act of 1933, as amended,
TINKA RESOURCES LIMITED
#1305 – 1090 WEST GEORGIA STREET
VANCOUVER, B.C. V6E 3V7
Tel: (604) 685 9316 Fax (604) 683 1585
Website: www.tinkaresources.com
TSXV & BVL: TK OTCPK: TKRFF
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and applicable state securities laws or an applicable exemption from such registration is
available.
About Tinka Resources Limited
Tinka is an exploration and development company with its flagship property being the 100%-owned
Ayawilca carbonate replacement deposit (CRD) in the zinc- lead-silver belt of central Peru, 200 ki l-
ometres northeast of Lima. The Ayawilca Zinc Zone has an Infer red Mineral Resource of 42.7Mt at
6.0% zinc, 0.2% lead, 17 g/t silver & 79 g/t indium, and a Tin Zone Inferred Mineral Resource of
10.5 Mt at 0.6 % tin, 0.2% copper & 12 g/t silver (November 2017).
The scientific and technical disclosure in this news relea se has been reviewed by Dr. Graham Ca r-
man, President and CEO of the Company who is a Qualified Person as defined by National Instr u-
ment 43-101 – Standards of Disclosure for Mineral Projects.
Investor Information:
www.tinkaresources.com
1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7
Rob Bruggeman 1.416.884.3556 or
Company Contact:
Mariana Bermudez, 1.604.699.0202
FORWARD-LOOKING STATEMENTS
Certain information in this news release contains forward -looking statements and forward -looking
information within the meaning of applicable securities laws (collectively " forward-looking
statements"). All statements, other than statements of historical fact are forward -looking stat e-
ments, including but not limited to statements regarding the Offering, the receipt of requisite regula-
tory approvals and the intended use of proceeds. Forward -looking statements are based on the b e-
liefs and expectations of Tinka as wel l as assumptions made by and information currently available
to Tinka's management. Such statements reflect the current risks, uncertainties and assumptions
related to certain factors including, without limitations, the successful completion of the Offerin g
and the Private Placement, the receipts of requisite regulatory approvals, the anticipated use of pr o-
ceeds of the Offering and the Private Placement, drilling results, the Company’s expectations r e-
garding mineral resource calculations, capital and other costs varying significantly from estimates,
production rates varying from estimates, changes in world metal markets, changes in equity mar-
kets, uncertainties relating to the availability and costs of financing needed in the future, equipment
failure, unexp ected geological conditions, imprecision in resource estimates or metal recoveries,
success of future development initiatives, competition, operating performance, environmental and
safety risks, delays in obtaining or failure to obtain necessary permits an d approvals from local a u-
thorities, community agreements and relations, and other development and operating risks. Should
any one or more of these risks or uncertainties materialize, or should any underlying assumptions
prove incorrect, actual results may vary materially from those described herein. Although Tinka
believes that assumptions inherent in the forward -looking statements are reasonable, forward -
looking statements are not guarantees of future performance and accordingly undue reliance should
not be put on such statements due to the inherent uncertainty therein. Except as may be required by
applicable securities laws, Tinka disclaims any intent or obligation to update any forward -looking
statement.
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is de-
fined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.