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Tinka Resources Initiates Strategic Review Process

Vancouver-based Tinka Resources Limited has announced the initiation of a strategic review process to explore potential strategic alternatives aimed at maximizing shareholder value. The process, assisted by a financial advisor, seeks to identify a broad range of strategic and financing alternatives. The company's previously announced non-brokered private placement will not see further closings.

Dr. Graham Carman, President and CEO of Tinka, stated that drilling activities at the Ayawilca project will be deferred during this review. Ayawilca, noted for its significant mineral resource, is undergoing a strategic review anticipated to benefit shareholders. The company has not set a specific timetable for the review and has not committed to any strategic alternatives at this point.

R. P.

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