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Tincorp Announces Executive Changes

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Tincorp Metals (OTCQB: TINFF; TSXV: TIN) announced on November 13, 2025 that Derek Liu resigned as Chief Financial Officer with immediate effect and the board thanked him for his contributions.

The company named Tee Tan as permanent CFO. Tan is described as a senior financial professional with over 10 years of experience in financial reporting, risk management, and regulatory compliance and joins from KPMG LLP, where he was a Senior Manager in the audit practice advising public companies on complex financial transactions, reporting, and governance.

Tan said he is excited to join and will work with the board and management to build long-term shareholder value.

Tincorp Metals (OTCQB: TINFF; TSXV: TIN) ha annunciato il 13 novembre 2025 che Derek Liu si è dimesso da Chief Financial Officer con effetto immediato e il consiglio ha ringraziato per i suoi contributi.

L'azienda ha nominato Tee Tan come CFO permanente. Tan è descritto come un professionista finanziario senior con oltre 10 anni di esperienza in rendicontazione finanziaria, gestione del rischio e conformità normativa e arriva da KPMG LLP, dove era Senior Manager nell'audit practice consigliando le aziende pubbliche su transazioni finanziarie complesse, reporting e governance.

Tan ha dichiarato di essere entusiasta di entrare a far parte e lavorerà con il consiglio e la direzione per costruire valore per gli azionisti nel lungo termine.

Tincorp Metals (OTCQB: TINFF; TSXV: TIN) anunció el 13 de noviembre de 2025 que Derek Liu renunció como Director Financiero con efecto inmediato y la junta le agradeció sus contribuciones.

La empresa nombró a Tee Tan como CFO permanente. Tan es descrito como un profesional financiero senior con más de 10 años de experiencia en informes financieros, gestión de riesgos y cumplimiento normativo y se incorpora desde KPMG LLP, donde era Senior Manager en la práctica de auditoría asesorando a empresas públicas sobre transacciones financieras complejas, informes y gobernanza.

Tan dijo que está entusiasmado de unirse y trabajará con la junta y la dirección para crear valor para los accionistas a largo plazo.

Tincorp Metals (OTCQB: TINFF; TSXV: TIN)2025년 11월 13일에 Derek Liu가 즉시 효력으로 최고재무책임자(CFO)에서 물러났다고 발표했으며 이사회는 그의 공헌에 감사를 표했습니다.

회사는 Tee Tan을 상근 CFO로 임명했습니다. Tan은 재무보고, 위험관리 및 규정준수 분야에서 10년 이상의 경력을 가진 선임 금융 전문가로, 감사 실무에서 Senior Manager였던 KPMG LLP에서 공기업에 대한 복잡한 재무 거래, 보고 및 거버넌스에 대해 자문했다고 설명됩니다.

Tan은 합류하게 되어 기쁘며 이사회 및 경영진과 협력해 장기 주주가치를 창출하겠다라고 말했습니다.

Tincorp Metals (OTCQB: TINFF; TSXV: TIN) a annoncé le 13 novembre 2025 que Derek Liu a démissionné de son poste de Chief Financial Officer avec effet immédiat et le conseil a remercié pour ses contributions.

L'entreprise a nommé Tee Tan comme CFO permanent. Tan est décrit comme un professionnel financier senior avec plus de 10 ans d'expérience en reporting financier, gestion des risques et conformité réglementaire et rejoint KPMG LLP, où il était Senior Manager dans la pratique d'audit conseillant les sociétés publiques sur des transactions financières complexes, les rapports et la gouvernance.

Tan a déclaré être enthousiaste à l'idée de rejoindre l'équipe et travaillera avec le conseil et la direction pour créer de la valeur pour les actionnaires à long terme.

Tincorp Metals (OTCQB: TINFF; TSXV: TIN) gab am 13. November 2025 bekannt, dass Derek Liu mit sofortiger Wirkung als Chief Financial Officer zurückgetreten ist und der Vorstand ihm für seine Beiträge dankte.

Das Unternehmen ernannte Tee Tan zum festen CFO. Tan wird als leitender Finanzprofi mit über 10 Jahren Erfahrung in Finanzberichterstattung, Risikomanagement und Compliance beschrieben und kommt von KPMG LLP, wo er als Senior Manager in der Audit-Praxis tätig war und börsennotierte Unternehmen zu komplexen Finanztransaktionen, Berichten und Governance beriet.

Tan sagte, er sei begeistert, beizutreten, und werde mit dem Vorstand und dem Management zusammenarbeiten, um langfristigen Aktionärswert zu schaffen.

Tincorp Metals (OTCQB: TINFF; TSXV: TIN) أعلنت في 13 نوفمبر 2025 أن Derek Liu استقال من منصب المدير المالي بالشكل الفوري وقد شكرته اللجنة على مساهماته.

عيّنت الشركة Tee Tan كـ CFO دائم. ووصف تان بأنه محترف مالي رفيع المستوى يتمتع بأكثر من 10 سنوات من الخبرة في إعداد التقارير المالية وإدارة المخاطر والامتثال التنظيمي، وانضم من KPMG LLP، حيث كان مديراً أول في قسم التدقيق يقدم الاستشارات للشركات العامة حول المعاملات المالية المعقدة والتقارير والحوكمة.

قال تان إنه متحمس للانضمام وسيعمل مع المجلس والإدارة لبناء قيمة للمساهمين على المدى الطويل.

Positive
  • Appointed permanent CFO Tee Tan on November 13, 2025
  • 10+ years of financial reporting and compliance experience
  • Background from KPMG as Senior Manager in audit practice
Negative
  • CFO Derek Liu resigned with immediate effect
  • Potential near-term transition risk to financial reporting continuity

Vancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - Tincorp Metals Inc. (TSXV: TIN) (OTCQB: TINFF) ("Tincorp" or the "Company") today announces that Derek Liu has resigned as Chief Financial Officer ("CFO") of the Company with immediate effect. The Board of Directors of the Company thanks Mr. Liu for his contributions to the Company and wish him the best in his future endeavours.

The Company also announces that it has appointed Tee Tan as permanent CFO. Tee Tan is a senior financial professional with over 10 years of experience in financial reporting, risk management, and regulatory compliance. He joins Tincorp from KPMG LLP, where he was a Senior Manager in the audit practice. In that role, he advised numerous public companies on complex financial transactions, financial reporting, and governance matters.

"I am excited to join Tincorp," said Tee Tan. "I look forward to applying my experience to contribute to Tincorp's financial strategy and operational success, and I am committed to working with the board and management to build long-term value for our shareholders."

About Tincorp

Tincorp Metals Inc. is a mineral exploration company focused on tin projects in Bolivia. The Company owns 100% of its Porvenir Project and has signed an agreement to acquire a 100% interest in the nearby SF Project, both located 70 km southeast of Oruro, Bolivia.

On Behalf of Tincorp Metals Inc.
signed "Victor Feng"
Victor Feng, Interim CEO

For further information, please contact:

Victor Feng
Interim CEO
Phone: +1 (604)-336-5919
Email: info@tincorp.com
www.tincorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collective, "forward looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact included in this release, including, without limitation, statements regarding the completion of the Transaction the expected benefits of the Transaction to Tincorp; future exploration and acquisition activities; the potential future payment of an incentive amount by Blue Jay; the advancement of Tincorp's Bolivian assets and pursuit of new growth opportunities; and Tincorp's potential future participation in the Project through an equity interest in Blue Jay are forward-looking statements. Estimates of Mineral Reserves and Mineral Resources are also forward-looking information because they incorporate estimates of future developments including future mineral prices, costs and expenses and the amount of minerals that will be encountered if a property is developed.

Forward-looking statements are often, but not always, identified by words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Forward-looking statements are based on the opinions, assumptions, factors and estimates of management considered reasonable at the date the statements are made. The opinions, assumptions, factors and estimates which may prove to be incorrect, include, but are not limited to: that the Company will be able to obtain and maintain governmental approvals, permits and licenses in connection with its current and planned operations, development and exploration activities, including at the Project.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Forward-looking information is provided herein for the purpose of giving information about the Transaction referred and its expected impact. Readers are cautioned that such information may not be appropriate for other purposes. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.

Additional information in relation to the Company, including the Company's most recent management discussion & analysis, can be obtained under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.tincorp.com.

CAUTIONARY NOTE TO US INVESTORS

The technical and scientific information contained herein has been prepared in accordance with NI 43-101, which differs from the standards adopted by the U.S. Securities and Exchange Commission (the "SEC"). Accordingly, the technical and scientific information contained herein, including any estimates of mineral reserves and mineral resources, may not be comparable to similar information disclosed by U.S. companies subject to the disclosure requirements of the SEC.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274353

FAQ

When did Tincorp (TINFF) announce its CFO change?

Tincorp announced the CFO resignation and appointment on November 13, 2025.

Who is the new CFO of Tincorp (TINFF) and what is his experience?

The new permanent CFO is Tee Tan, with over 10 years in financial reporting, risk management, and regulatory compliance.

Where did Tincorp (TINFF) CFO Tee Tan work before joining the company?

Tee Tan previously worked at KPMG LLP as a Senior Manager in the audit practice.

Did the outgoing CFO of Tincorp (TINFF) provide notice before leaving?

The announcement states Derek Liu resigned as CFO with immediate effect.

What did Tincorp say about the leadership change's impact on shareholders?

Tincorp quoted the new CFO saying he will work with the board and management to build long-term value for shareholders.
Tincorp Metals

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