Subject: New Tymbal Resources Ltd. - News Release
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File: Attachment News 072726.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
Debt Deferral Agrements
VANCOUVER, BRITISH COLUMBIA, July 27, 2026 New Tymbal Resources Ltd. (TSXV NTB)
("Tymbal" or the Company).
New Tymbal Resources Ltd. (the "Company") (formerly Cicada Ventures Ltd.) advises that on May 26,
2023, the Company amended the terms of its outstanding loans payable of $1,271,700 from 6% per annum
to 12% per annum, and from a due date of January 31, 2024 to February 1, 2025, which went into effect on
August 1, 2023. The Company also converted $2,743,257 of outstanding accounts payable and accrued
liabilities, including $2,230,713 owed to companies controlled by a significant shareholder of the Company,
into loan agreements whereby the loans are unsecured, bears interest at 12% per annum, and was due on
February 1, 2025.
on May 26, 2025 the company entered into debt deferral agreements, deferring amounts owing through July
31, 2026. In total debt of $5,346,139 was deferred including amounts owing to non arms length parties of
$3,454,692. The loans become payable July 31, 2026 including interest payable at 12 % per year. The
Company relied on the exemptions available through MI 61 101 Section 5.5 (g), Section 5.7 (1) (a) and (f)
as applicable.
The company is currently in discussion to extend the loan due dates.
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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