Mr. Victor Feng reports

TINCORP ANNOUNCES RESUMPTION OF TRADING ON THE TSX VENTURE EXCHANGE

Tincorp Metals Inc. has been advised by the TSX Venture Exchange that its common shares will resume trading on the TSX-V effective Tuesday, April 14, 2026, at the opening of trading.

On March 24, 2026, the company announced the closing of a concurrent brokered and non-brokered offering of subscription receipts for aggregate gross proceeds of $17.5-million in connection with the company's definitive agreement to acquire the Santa Barbara project from Silvercorp Metals Inc. and its wholly owned subsidiary, Adventus Mining Corp. (Adventus, together with Silvercorp, the vendors), through the acquisition of the vendors' wholly owned subsidiary, Santa Barbara Metals Inc.

Completion of the proposed acquisition remains subject to a number of closing conditions, including receipt of requisite minority approval and disinterested shareholder approval at the company's annual general and special meeting of shareholders scheduled for May 5, 2026. The proposed acquisition and the offering remain subject to the TSX-V's continuous review and final approval. Closing of the proposed acquisition is expected to occur shortly following the meeting, subject to satisfaction of all remaining closing conditions.

Further details regarding the offering and the proposed acquisition are available in the company's news releases dated Feb. 25, 2026, and March 24, 2026, on SEDAR+ and at the Tincorp website.

About Tincorp Metals Inc.

Tincorp Metals is a mineral exploration company which has entered into a definitive agreement with Silvercorp to acquire Santa Barbara Metals, which holds a 100-per-cent interest in the Santa Barbara gold-copper project in the Zamora copper-gold belt of southeastern Ecuador. The company also owns 100 per cent of the Porvenir project and has signed an agreement to acquire a 100-per-cent interest in the nearby SF project, both located 70 kilometres southeast of Oruro, Bolivia.

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