Business
TinOne Upsizes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2025) - TinOne Resources Inc. (TSXV: T...
About this update from Tinone Resources Inc
[{"type":"text","content":"TinOne Upsizes Private PlacementVancouver, British Columbia--(Newsfile Corp. - August 19, 2025) - TinOne Resources Inc. (TSXV: TORC) (OTC Pink: TORCF) (FSE: 57Z) (\"TinOne\" or the \"Company\") announces that the Company has upsized its non-brokered private placement previously announced on July 24, 2025 and as amended on July 30, 2025. The Company is now offering up to 6,000,000 units (the \"Units\") at a price of $0.05 per Unit, for gross proceeds of up to $300,000 (the \"Offering\"). The Company further announces that it has amended the exercise price of the warrants being issued pursuant to the Offering, such that each Unit will now consist of one common share of the Company and one common share purchase warrant (a \"Warrant\"). Each Warrant will entitle the holder to acquire one additional common share of the Company at a revised exercise price of $0.065 for a period of five years following the closing date of the Offering. In connection with the Offering, the Company may pay finder's fees up to 6% cash and up to 6% in finder's warrants to eligible finders. Closing of the Offering is subject to receipt of all necessary approvals, including that of the Board of Directors and the TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation in Canada. Proceeds from the Offering will be used to maintain the Company and tenements in good standing as well as general working capital purposes. About TinOneTinOne is a TSX Venture Exchange listed Canadian public company with a high-quality portfolio of tin projects in the Tier 1 mining jurisdictions of Tasmania, Australia. The Company is focused on advancing its highly prospective portfolio while also evaluating additional tin opportunities.Contact Information: For more information and to sign-up to the mailing list, please contact:Chris Donaldson, Chief Executive OfficerEmail: [email protected] TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTSThis news release contains certain \"forward-looking information\" and \"forward-looking ...