OR Dissemination IN the United States Tinka Announces Upsized & Oversubscribed Second Tranche Private
NEWS RELEASE April 17, 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 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 upsized the second tranche (“Second Tranche”) of
the previously announced non-brokered private placement financi ng (the “ Placement”) of units of the
Company (the “ Units”), due to certain existing shareholders exercising their pre-e mptive rights.
International Finance Corporation (“ IFC” ) , a n i n s i d e r o f t h e C o m p an y, h a s e x e r c i s e d i t s p r e - e x i s t i n g pre-
emptive right in respect of the Company’s public offering of un its which closed on April 4, 2018 (the
“Bought Deal”) and the first tranche of the private placement financing tha t closed on April 6, 2018 (the
“First Tranche”). As a result, IFC proposes to acquire 3,950,000 units (the “Units”) at a price of C$0.48
per Unit (the “Issue Price”), for gross proceeds to the Company of C$1,896,000.
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 one year from
closing of the Second Tranche.
As a result of IFC’s participation in the Second Tranche, Senti ent Global Resources Fund IV, LP (“ Sentient
IV”), an insider of the Company, has exercised its pre-existing pre-emptive right, pursuant to which, Sentient
IV proposes to subscribe for 1,070,000 Units for gross proceeds to the Company of C$513,600, to maintain
its pro-rata share ownership interest in the Company.
A s a r e s u l t o f t h e a b o v e d e s c r i b e d p r e - e m p t i v e r i g h t s , t h e C o m pany anticipates that the Placement, on
closure of the Second Tranche, will be upsized from 14,000,000 Units to 17,042,284 Units.
The Issue Price for Units in the Second Tranche is the same as for the Company’s Bought Deal and
Placement financings. No finders’ fees are payable in connection with the Second Tranche.
The Company plans to use the net proceeds from the Second Tranc he of the Placement to fund exploration
expenditures at the Company’s Ayawilca Project in Peru, as well as for other corporate purposes and general
working capital.
All securities issued pursuant to the Second Tranche will be su bject to a four-month hold period under
applicable securities laws in Canada.
Closing of the Second Tranche is subject to the completion of c onditions customary for transactions of this
nature, including the execution of subscription agreements and receipt of the acceptance of the TSX Venture
Exchange.
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
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, the completion of the Second Tranche in full, undertaking and completing exploration
objectives at the Ayawilca zinc project, and the completion of a preliminary economic assessment. Forward-looking
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 cu rrent risks, uncertainties and assumptions related to
certain factors including, without limitations, the execution o f definitive subscription agreements with each of IFC and
Sentient and the successful completion of the Second Tranche, the receipts of requisite regulatory approvals, the
anticipated use of proceeds of the Second Tranche, drilling res ults, the Company’s expectations regarding mineral
resource calculations, capital and other costs varying signific antly 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, equipment failure, unexpecte d geological conditions, imprecision in resource
estimates or metal recoveries, success of future development in itiatives, competition, operating performance,
environmental and safety risks, delays in obtaining 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 underly ing 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 g uarantees of future performance and accordingly undue
reliance should not be put on such statements due to the inhere nt 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.