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TinOne Res (TORCF) Stock News

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TinOne Resources Inc. reports news tied to its role as a Canadian junior mineral exploration company with tin-focused projects in Tasmania, Australia. Company updates include project exploration themes at assets such as Aberfoyle and Great Pyramid, including tin, tungsten and lithium mineralization references in historical materials.

Recurring corporate news also covers annual general meeting results, director elections, auditor appointments, equity incentive plan approvals, and capital-structure actions such as convertible debenture conversions and share-based interest payments.

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TinOne Resources (TORCF) entered into agreements to settle C$172,137.28 in outstanding debt through shares issued to arm's length creditors. The proposed settlement calls for 1,229,552 common shares at a deemed price of C$0.14 per share, rather than a cash payment.

The transaction remains subject to all necessary regulatory and stock exchange approvals, including approval from the TSX Venture Exchange. Securities issued under the settlement will carry a statutory hold period ending four months and one day after their issue date.

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TinOne Resources (TORCF) plans drilling at its Tasmanian tin-tungsten projects, with approved reverse-circulation and diamond drilling set to begin in November. Rigs are secured. Nine reverse-circulation holes will test the upper levels of the historic Aberfoyle Mine; shallow drilling at Royal George will assess mineralization grade, continuity and extent.

At Great Pyramid, diamond drilling will target near-surface tin and provide samples for recovery testing. Planned vacuum or sonic drilling at Aberfoyle's legacy tailings will support recovery tests and resource estimates. Tailings approval remains pending, with the company anticipating approval by year end. Historical Aberfoyle fine-tailings estimates include 198,000 dry tonnes at 0.39% tin and 0.35% tungstate; these are not current resources or reserves. The Aberfoyle open-cut exploration target remains conceptual.

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TinOne Resources (TORCF) plans a non-brokered private placement of up to 15,000,000 units at C$0.05 each for gross proceeds of up to C$750,000.

Each unit will consist of one common share and one warrant, with each warrant exercisable at C$0.10 for 24 months after closing. The company may pay eligible finders up to 6% in cash and up to 6% in finders’ warrants. All securities will carry a four‑month‑plus‑one‑day hold period under Canadian law. Closing is subject to board and TSX Venture Exchange approvals. TinOne plans to use the proceeds to advance its Tasmanian tin projects and for general working capital.

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TinOne Resources (TORCF) appointed Rob Curtis as Chief Executive Officer and director, effective immediately, while Chris Donaldson transitions to Non-Executive Chair and remains on the board.

The board links Curtis’s appointment to re-igniting operations at the Great Pyramid tin project in Tasmania and complementing work at the Aberfoyle project, where tin, tungsten and lithium mineralization have been reported. Curtis brings more than 30 years of experience in exploration, business development and resources investment with CRA/Rio Tinto, Oxiana, OZ Minerals and EMR Capital, covering the full project life cycle in Australia and several Asian jurisdictions.

His background includes involvement in Oxiana’s Sepon project acquisition when the company was valued at about $30 million, with Sepon later contributing to OZ Minerals, which was acquired by BHP for approximately $9.6 billion. In connection with the leadership change, TinOne issued 1,950,000 incentive options to directors, officers and contractors.

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TinOne Resources (TSXV: TORC / OTC: TORCF) reported results from its Annual General Meeting held April 30, 2026, disclosed May 1, 2026. A total of 1,680,675 common shares (about 9.81% of issued shares) were represented.

All matters put to vote were approved by the requisite majority. Shareholders set the board at three directors (99.98% support). Elected directors: Chris Donaldson (100%), Ota Hally (99.94%), Liz Monger (99.91%). Re-appointment of auditor passed (99.93%). The omnibus equity incentive plan was approved (99.91%).

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TinOne Resources (OTC:TORCF) elected to pay accrued interest on converted convertible debentures in common shares. On March 18, 2026, debentures with an aggregate value of $569,000 converted into 3,924,138 shares, and the company will issue 832,951 shares as interest payment at $0.13 per share, representing $108,283.58 in interest.

The issuance is subject to TSX Venture Exchange approval and the interest shares will have a four-month hold period from issuance.

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TinOne Resources (OTC: TORCF) announced that its Annual General Meeting was delayed for administrative timing and financial-resource reasons and is now rescheduled for April 30, 2026.

Updated meeting materials, including the management information circular, will be posted on SEDAR+ in accordance with regulatory requirements and shareholders can participate and vote.

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TinOne Resources has reported an expansion of its lithium discovery at the Aberfoyle Project in Tasmania, Australia. Recent sampling revealed lithium oxide values up to 1.14%, with significant lithium-bearing rock samples identified over an area of approximately 12 hectares. The company has been actively exploring for tin but found elevated lithium levels during these explorations. With the portfolio covering vital tin districts, including Rattler Range and Great Pyramid, TinOne is focused on geological mapping and further sampling to ascertain the extent of lithium mineralization. The company's shares trade at $0.165.

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TinOne Resources (TSXV:TORC, OTCQB:TORCF) has discovered lithium at its 100%-owned Aberfoyle Project in Tasmania, Australia, during exploration for tin. The project spans 9,600 hectares, where reconnaissance efforts yielded 10 samples with lithium values of at least 0.1% Li2O, with a peak of 0.57%. These findings suggest a potential lithium camp, confirmed by additional analyses. Australia, producing over 50% of global lithium, anticipates rising demand, expected to hit 1.5 million tonnes by 2025. TinOne's Great Pyramid project remains its most advanced asset, showing an historical resource estimate of 10.4 kilotonnes of contained tin. Shares are trading at $0.145.

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FAQ

What is the current stock price of TinOne Res (TORCF)?

TinOne Res (TORCF) last closed at $0.1399.

What is the market cap of TinOne Res (TORCF)?

The market cap of TinOne Res (TORCF) is approximately $5.2M.