20:46:10 EDT Wed 17 Jul 2024
Enter Symbol
or Name

Tincorp Metals Inc
Symbol TIN
Shares Issued 66,557,423
Close 2024-01-17 C$ 0.30
Market Cap C$ 19,967,227
Recent Sedar Documents

Tincorp Metals 350,000 bonus shares

2024-01-17 19:50 ET - Shares for Debt

The TSX Venture Exchange has accepted for filing the company's proposal to issue 350,000 common shares of the company as bonus shares to Silvercorp Metals Inc. (the lender) in consideration of an immediate cash advance of $500,000 (U.S.) to the company by the lender pursuant to the terms of the credit facility agreement dated Jan. 6, 2024. The credit facility is non-interest bearing, is unsecured and allows a maximum borrowing amount of up to $1-million (U.S.) over one-year period ending on Jan. 31, 2025.

For further information, please refer to the company's news release dated Jan. 8, 2024.

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