Tincorp Announces Grant of Stock Options

Rhea-AI Summary

Tincorp Metals (OTC Pink: TINFF) announced on January 20, 2026 a grant of 1,055,000 stock options to directors, officers, employees and consultants, subject to regulatory approval.

The options are exercisable for 5 years at $0.44 per share (TSXV closing price on January 19, 2026), vest in six equal tranches over three years, and are governed by the company's Omnibus Plan and TSXV policies.

Positive

• Options vest in six tranches over 3 years to support retention
• Exercise price equals market close ($0.44), aligning incentives with shareholders

Negative

• Grant could cause dilution if 1,055,000 options are exercised
• Grants are subject to regulatory approval, introducing execution risk

News Market Reaction

-7.79%

1 alert

-7.79% News Effect

On the day this news was published, TINFF declined 7.79%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Tincorp Metals Inc. (TSXV: TIN) (OTC Pink: TINFF) ("Tincorp" or the "Company") is pleased to announce the Company has granted, subject to regulatory approval, an aggregate of 1,055,000 stock options to directors, officers, employees and consultants of the Company, pursuant to the terms of the Company's Omnibus Plan. The options are exercisable for a period of 5 years from the date of grant at the price of $0.44 per share, being the closing price of the common shares on the TSXV on January 19, 2026. The options vest in six equal tranches over a period of three years, and are subject to the provisions of the Omnibus Plan and the policies of the TSXV.

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.
Victor Feng, Interim CEO

For further information, please contact:

Investor Relations, Tincorp Metals Inc.
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 are forward-looking statements. 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.

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 annual information form, can be obtained under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.tincorp.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280986

FAQ

How many stock options did Tincorp (TINFF) grant on January 20, 2026?

Tincorp granted an aggregate of 1,055,000 stock options on January 20, 2026, subject to regulatory approval.

What is the exercise price and term for Tincorp's (TINFF) January 2026 option grant?

The options are exercisable for 5 years at an exercise price of $0.44 per share.

When do Tincorp's (TINFF) stock options vest and who received them?

The options vest in six equal tranches over three years and were granted to directors, officers, employees and consultants.

Are Tincorp's (TINFF) January 2026 option grants effective immediately?

No; the grants are subject to regulatory approval and are governed by the Omnibus Plan and TSXV policies.

Will exercising Tincorp's (TINFF) options immediately benefit current shareholders?

Exercise would increase share count and may dilute existing holders; the exercise price equals the $0.44 market close, so there is no immediate intrinsic gain.