OR Dissemination IN the United States Tinka Announces Closing of Upsized & Oversubscribed Second
NEWS RELEASE April 27, 2018
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO
UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
TINKA ANNOUNCES CLOSING OF UPSIZED & OVERSUBSCRIBED SECOND
TRANCHE PRIVATE PLACEMENT FINANCING OF C$2.4 MILLION
Vancouver, Canada – Tinka Resources Limited ( “Tinka” or the “ Company”) ( TSXV& BVL: TK )
(OTCPK: TKRFF ) is pleased to announce that it has closed the second and fina l tranche (the “ Second
Tranche”) of its previously announced non-brokered private placement financing (the “Placement”) of units
of the Company (the “ Units”). Under the Second Tranche, the Company issued 5,020,000 Uni ts at an issue
price of C$0.48 per Unit (the “Issue Price”) for gross proceeds to the Company of C$2,409,600. The Second
Tranche has accommodated the righ ts of International Finance Co rporation (“ IFC” ) a n d S e n t i e n t G l o b a l
Resources Fund IV, LP (“ Sentient”), two existing shareholders of the Company, who exercised the ir
existing contractual pre-emptive rights as a result of the Comp any’s public offering of units which closed on
April 4, 2018 (the “ Bought Deal”) and the first tranche of the private placem ent financing tha t closed on
April 6, 2018 (the “ First Tranche ”). In aggregate, the Bought Deal, First Tranche and Second Tra nche
comprise of 33,832,284 Units for gross proceeds of C$16,239,496.
IFC, a member of the World Bank Group, acquired 3,950,000 Units under the Second Tranche at the Issue
Price for gross proceeds to the Company of C$1,896,000. IFC no w has control over 29,895,754 common
shares or approximately 11.5% of the issued and outstanding com mon shares of Tinka, and 13.2% assuming
the exercise of all of IFC’s 9,823,837 warrants on a fully diluted basis.
Sentient, who also participated i n the First Tranche, acquired an additional 1,070,000 Units, under the
Second Tranche, for gross proceeds to the Company of C$513,600 under the Second Tranche, to maintain its
pro-rata share ownership interest in the Company. As a result, Sentient now controls over 63,748,765
common shares of the Company or approximately 24.7% of the issu ed and outstanding common shares of
the Company, and 23.8% of assuming exercise of all of Sentient’s warrants, on a fully diluted basis.
The Company plans to use the net proceeds from the Second Tranc he to fund exploration expenditures at the
Company’s Ayawilca Project in Peru, as well as for other corpor ate purposes and general working capital.
No commissions or finder’s fees were paid by Tinka in connection with the closing of the Second Tranche.
Dr. Graham Carman, President & CEO stated, “Tinka is very pleas ed to have the continued support of IFC
and Sentient, and their participation in the Placement is a str ong endorsement of the quality of our Project
and management team. The Company continues to aggressively explore its 100% owned Ayawilca Project in
Peru, which we believe is one of the most exciting pre-development zinc projects anywhere in the world. The
Company is now fully funded to carry out its planned exploratio n programs for the next 18 months. Drilling
has already been stepped up to three rigs, and we look forward to disclosing the results of the drill programs,
and other planned work such as metallurgical tests, as results come to hand.”
IFC and Sentient are insiders of the Company, and their partici pation in the Placement is considered a
“related party transaction” pur suant to Multilateral Instrument 6 1 - 1 0 1 - Protection of Minority Security
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
2
Holders in Special Transactions (“MI 61-101”). The Company is exempt from the requirements to obtain a
formal valuation or minority shar eholder approval in connection with the Insiders’ participation in the
Placement in reliance of sections 5.5(b) and 5.7(a) of MI 61-101.
All securities issued p ursuant to the Second Tranche are subjec t to a four-month hold period expiring on
August 28, 2018.
The securities offered have not been, and will not be, register ed under the U.S. Securities Act of 1933,
as amended (the “U.S. Securities Act”), or any U.S. state secur ities laws, and may not be offered or
sold in the United States or to, or for the account or benefit of, a U.S. Person (as defined in Regulation
S under the U.S. Securities Act) absent registration or an appl icable exemption from the registration
requirements of the U.S. Securities Act and applicable U.S. sta te securities laws. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or
to, or for the account or benefit of, any U.S. Person, nor shal l there be any sale of these securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Tinka Resources Limited
Tinka is an exploration and development company with its flagsh ip property being the 100%-owned Ayawilca
carbonate replacement deposit (CRD) in the zinc-lead-silver belt of central Peru, 200 kilometres northeast of Lima. The
Ayawilca Zinc Zone has an Inferred 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 % ti n, 0.2% copper & 12 g/t silver (for further information,
refer to Tinka’s press release dated November 8, 2017).
The scientific and technical disclosure in this news release ha s been reviewed and approved by Dr. Graham Carman,
President and CEO of the Company, who is a Qualified Person as defined by National Instrument 43-101 – Standards of
Disclosure for Mineral Projects.
On behalf of the Board,
“Graham Carman”
Dr. Graham Carman, President & CEO
Investor Information:
www.tinkaresources.com
Rob Bruggeman 1.416.884.3556
Company Contact:
Mariana Bermudez, 1.604.699.0202
FORWARD-LOOKING STATEMENTS
Certain information in this news release contains forward-looki ng 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 statements, i ncluding, but not limited to statements regarding the
intended use of proceeds, undertaking and completing exploratio n objectives at the Ayawilca zinc project, and the
completion of a preliminary economic assessment. Forward-lookin g statements are based on the beliefs and
expectations of Tinka as well as assumptions made by and information currently available to Tinka's management. Such
statements reflect the current risks, uncertainties and assumpt ions related to certain factors including, without
limitations, the anticipated use of proceeds of the Second Tran che, drilling results, the Company’s expectations
regarding mineral resource calculations, capital and other cost s varying significantly from estimates, production rates
varying from estimates, changes in world metal markets, changes in equity markets, uncertainties relating to the
availability and costs of financing needed in the future, equip ment failure, unexpected geological conditions,
imprecision in resource estimates or metal recoveries, success of future development initiatives, competition, operating
performance, environmental and safety risks, delays in obtainin g or failure to obtain necessary permits and approvals
from local authorities, 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 a re not guarantees of fu ture 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.
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 release.