Update to Tintina Mines Previous Announcement on June 2, 2026 of a C$91 Million Private Placement and Strategic Partnership with the Gignac Family and Sumitomo Corporation for the Development of the Domeyko Sulfuros Copper-Gold Project in Chile

About this update from Tintina Mines Limited

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES TORONTO, ON AND SANTIAGO, CL / ACCESS Newswire / July 2, 2026 / Tintina Mines Limited (TSXV:TTS) ("Tintina" or the "Company") previously issued a press release on June 2, 2026 announcing an offering (the "Offering") of subscription receipts for aggregate gross proceeds of approximately C$91 million, at a price of C$0.68 per subscription receipt, in connection with a strategic partnership to be entered into with the Gignac family and Sumitomo Corporation for the development of the Domeyko Sulfuros Copper-Gold Project in Chile and the consolidation of its ownership in the Project through the acquisition of the indirect minority interests held by various third parties (the "Minority Interest"). By way of update, Tintina further announces that the definitive agreement for the acquisition of the Minority Interest is being finalized and anticipates it shall be signed by the closing of the Offering which is scheduled to occur on July 9, 2026. In addition, an annual general and special meeting of the shareholders of Tintina (the "Meeting") has been scheduled for August 21, 2026, in order to seek the shareholder approvals required to permit the Company to complete the Offering and the acquisition of the Minority Interest, as well as to attend to the general proceedings of an annual general shareholders meeting. Additional details regarding each of these matters, as well as the rationale for the Board's recommendations that shareholders vote in favour of each such approval, will be set out in the management proxy circular (the "Circular") to be mailed to the shareholders of Tintina and made available under Tintina's SEDAR+ profile at www.sedarplus.ca. About Tintina Mines Limited Tintina Mines Limited (TSXV:TTS) is a TSXV-listed mineral exploration and development company focused on advancing the Domeyko Sulfuros Copper-Gold Project in the Atacama Region of Chile. For more information, please visit www.tintinamines.com or refer to the Company's filings on SEDAR+ at www.sedarplus.ca. Cautionary Statement Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation that is based on current expectations, estimates, projections, and interpretations about future events as at t...

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