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New Tymbal Resources Ltd
Symbol NTB
Shares Issued 17,941,983
Close 2026-05-08 C$ 0.035
Market Cap C$ 627,969
Recent Sedar+ Documents

New Tymbal restarts settlement talks with KGHM

2026-05-15 14:10 ET - News Release

Subject: New Tymbal Resources Ltd. - News Release PDF Document

File: Attachment 051426.pdf

NEW TYMBAL RESOURCES LTD.

Suite 600-850 West Hastings Street Vancouver, British Columbia

V6C 1E1

Tel: (604) 662-8130 email: gains@shaw.ca

NEWS RELEASE

VANCOUVER, BRITISH COLUMBIA, May 14, 2026 New Tymbal Resources Ltd. (TSXV NTB) ("Tymbal" or the Company).

New Tymbal Resources Ltd. (the "Company") (formerly Cicada Ventures Ltd.) advises that it has recommenced early-stage litigation settlement discussions with KGHM Ajax Mining Inc. ("KGHM") in connection with the BC Supreme Court matter of Cicada Ventures Ltd. v. KGHM Ajax Mining Inc. BCSC No 052937 predominately concerning unjust enrichment and the exclusivity of mining activities on registered mineral claims.

Tymbal is seeking settlement for KGHM's unauthorized use, occupation, and economic exploitation of Tymbal's mineral tenures, including unjust enrichment from data and land use, and the market value of the rights KGHM took without consent or compensation.

The discussions are preliminary in nature. No settlement terms, payment amounts, or other figures have been agreed in principle, and there can be no assurances that the discussions will result in any settlement, resolution, or other transaction.

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."

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