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Tinone Resources Inc (2)
Symbol TORC
Shares Issued 21,890,585
Close 2026-09-09 C$ 0.055
Market Cap C$ 1,203,982
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Tinone Resources arranges $750,000 financing

2026-09-09 18:26 ET - News Release

Mr. Rob Curtis reports

TINONE ANNOUNCES PRIVATE PLACEMENT FINANCING OF UNITS FOR GROSS PROCEEDS OF UP TO C$750,000

Tinone Resources Inc. has arranged a non-brokered private placement financing of up to 15 million units of the company at a price of five cents per unit for gross proceeds of up to $750,000. Each unit comprises one common share of the company and one whole common share purchase warrant of the company. Each warrant will entitle the holder to purchase one common share of the company at an exercise price of 10 cents for a period of 24 months following the closing date of the offering.

In connection with the offering, the company may pay finders' fees up to 6 per cent in cash and up to 6 per cent in finders' warrants to eligible finders.

Closing of the offering is subject to receipt of all necessary approvals, including that of the board of directors and the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation in Canada.

Proceeds from the offering will be used to advance the company's Tasmanian projects, as well as general working capital purposes.

About Tinone Resources Inc.

Tinone is a TSX Venture Exchange-listed Canadian public company with a high-quality portfolio of tin projects in the Tier 1 mining jurisdictions of Tasmania, Australia. The company is focused on advancing its highly prospective portfolio while also evaluating additional tin opportunities.

We seek Safe Harbor.

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