Board Change • Apr 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Liz Monger was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Mar 11
TinOne Resources Inc., Annual General Meeting, Apr 30, 2026 TinOne Resources Inc., Annual General Meeting, Apr 30, 2026. New Risk • Nov 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$243k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$243k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.21m market cap, or US$2.30m). Aankondiging • Sep 03
TinOne Resources Inc. announced that it has received CAD 0.3 million in funding On September 3, 2025, TinOne Resources Inc. closed the transaction. The company issued 6,000,000 units at a price of CAD 0.05 for gross proceeds of CAD 300,000. Each unit is composed of one common share and one common share purchase warrant of the company. Each warrant will entitle the holder to purchase one share at an exercise price of CAD 0.065 until September 2, 2030. In connection with the offering, the company paid finders' fees of CAD 5,580 in cash and issued 111,600 finders' warrants of the company to eligible arm's-length finders. Each finder's warrant entitles the finder to purchase one share at a price of 6.5 cents per finder's warrant share until Sept. 2, 2028. The securities issued pursuant to and in connection with the offering, including all securities issuable upon exercise thereof, are subject to a four-month-and-one-day hold period under applicable Canadian securities laws. New Risk • Aug 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$862.8k market cap, or US$621.8k). New Risk • Aug 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.06m market cap, or US$770.6k). Aankondiging • Jul 25
TinOne Resources Inc. announced that it expects to receive CAD 0.2 million in funding TinOne Resources Inc. announced a non-brokered private placement financing of up to 5,000,000 at a price of CAD 0.04 per Unit for gross proceeds of up to CAD 200,000 on July 24, 2025. Each Unit is comprised of one common share and one whole common share purchase warrant. Each Warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.05 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. Board Change • Jul 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Liz Monger was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Liz Monger was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Liz Monger was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Jun 13
TinOne Resources Inc. announced that it has received CAD 0.75 million in funding On June 11, 2024, TinOne Resources Inc., closed the transaction. The company issued 139 units at a price of CAD 1,000 for the gross proceeds of CAD 139,000 in its final tranche closing. The total gross proceeds raised for the Financing was CAD 750,000 issuing 750 Units in total. A total of CAD 10,860 cash was paid for finders fees. Closing of the Financing are subject to all necessary regulatory and stock exchange approvals, including the approval of the TSX Venture Exchange. All securities issued in connection with the Financing will be subject to a statutory hold period expiring on the date that is four months and one day after the corresponding Issuance Date. New Risk • Jun 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.87m market cap, or US$1.36m). Aankondiging • May 30
Tinone Resources Inc. Announces Drill Programs At the Aberfoyle and Great Pyramid Projects in Tasmania, Australia TinOne Resources Inc. announced plans for upcoming drill programs at its 100%-owned Aberfoyle and Great Pyramid projects, located in the tier-one mining jurisdiction of Tasmania, Australia. Highlights: Inaugural drill program at the Guinea Pig prospect: A series of systematic short reverse circulation ("RC") holes designed to test the near-surface lithium-tin mineralization potential of the broad zones of greisen alteration. Follow-up RC drilling program planned for Great Pyramid: A series of short RC holes designed to test for structurally-controlled high-grade tin mineralization as well as to verify historical drill data. Drill Program: An RC drill program across two projects (Aberfoyle and Great Pyramid) in Northeast Tasmania has been designed to systematically test for near-surface tin ± lithium mineralization. Details are as follows: Aberfoyle: The Company plans to drill approximately 500 metres in six RC drill holes to test the lithium-tin mineralization potential of widespread greisens at the Guinea Pig prospect, Aberfoyle Project. Holes will be collared across a 200 metre trend targeting out-cropping zones of strong lithium-tin mineralization. Surface sampling to date has defined an area of approximately 12 hectares where numerous rock samples returned results of >0.20% Li2O. Preliminary interpretations indicate that the higher-grade mineralization occurs in NNW-trending parallel zones of up to 250 metres in strike length, although the true strike-extent is not presently known. The planned drill program is designed to investigate the near-surface orientation and scale of the mineralized zones at the Guinea Pig prospect. The Guinea Pig prospect is an old working, which along with the Triabunna workings was previously reported as the Dead Pig prospect. Great Pyramid: A 350 metre RC drill program is planned at the Great Pyramid tin project with two primary objectives: Five holes are designed to replace and verify early percussion drilling. These new data will increase the data confidence from historical drill programs, as recommended by the mineral resource estimate consultants, Mining Associates. The Company believes that an increase in confidence will underpin a re-estimation of a significant part of the current Inferred Resource to a higher status. No significant track access or pad preparation work is required as the holes will be drilled on pre-existing sites. Five holes are designed to test for the presence of high-grade, fault-related tin mineralization associated with the project-scale Pyramid Hill Fault, which transects the project through at least 400 metres of favorable sandstone. The fault dips steeply to the southwest. Very few historical holes have drilled through the Pyramid Hill Fault as it trends orthogonal (at right angles) to the strike of the mineralised joints and veinlets. Most previous drilling at Great Pyramid was therefore parallel to the fault rather than across it. The Company interprets that the very high tin grades in 22GPRC012 (78m @ 0.51% Sn incl. 23m @ 1.09% Sn are hosted in the Pyramid Hill Fault, which was intersected at a relatively shallow angle. No past explorers have targeted high-grade tin mineralization at Great Pyramid. Timing: The multi-project drill program is set to commence in mid-June with the drill to mobilize first to Aberfoyle. The Company anticipates the program to be completed within a month and results to be reported once assays have been returned from the lab and have been compiled and interpreted. Aankondiging • May 22
TinOne Resources Inc., Annual General Meeting, Jul 31, 2024 TinOne Resources Inc., Annual General Meeting, Jul 31, 2024. Location: british columbia, vancouver Canada Aankondiging • Apr 23
TinOne Resources Inc. announced that it expects to receive CAD 0.75 million in funding TinOne Resources Inc. announced a non-brokered private placement financing of up to 750 units at a price of CAD 1,000 per Unit for aggregate gross proceeds of up to CAD 750,000 on April 22, 2024. Each Unit shall consist of one 10% unsecured convertible debenture in the principal amount of CAD 1,000, and 9,090 common share purchase warrants. The Debentures will bear interest at a rate of 10% per annum from the issuance date. The Debentures will mature on the date that is 36 months following the Issuance Date and the principal amount of each Debenture will be convertible into Common Shares at the option of the holder at any time prior to the Maturity Date, at a conversion price of CAD 0.11 per share subject to adjustment upon certain customary events. Each Warrant will entitle the holder thereof to acquire one Common Share for a period of three years from the Issuance Date at an exercise price equal to CAD 0.16 per Common Share. Closing of the Financing are subject to all necessary regulatory and stock exchange approvals, including the approval of the TSX Venture Exchange. All securities issued in connection with the Financing will be subject to a statutory hold period expiring on the date that is four months and one day after the corresponding Issuance Date. Aankondiging • Mar 14
TinOne Resources Inc. announced that it expects to receive CAD 0.5 million in funding TinOne Resources Inc. announced a non-brokered private placement of up to 3,333,333 units at a price of CAD 0.15 per unit for gross proceeds of up to CAD 499,999.95 on March 13, 2024. Each unit is comprised of one common share and one whole common share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.20 for a period of 18 months following the closing date of the financing. The company may pay finder’s fees to eligible finders. The closing of the financing 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 financing 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. New Risk • Nov 26
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.0m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.47m market cap, or US$2.55m). Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Aankondiging • Oct 31
TinOne Resources Inc. Announces Initial Mineral Resource Estimate for the Great Pyramid Project, Tasmania, Australia TinOne Resources Inc. released the results from its initial mineral resource estimate for its 100% owned Great Pyramid tin project, located in the tier-one mining jurisdiction of Tasmania, Australia. Near surface inferred Mineral Resource Estimate: 8.4 million tonnes at an average grade of 0.17% tin for 14.4 thousand tonnes of contained tin. Significant growth potential: Strong tin mineralization intersected in previous drill holes below the conceptual open pit suggests significant resource expansion potential at depth. The MRE was prepared by Mining Associates Pty Ltd. in accordance with Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards for Mineral Resources and Mineral Reserves adopted May 19, 2014, and in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The effective date of the MRE is August 31, 2023. The MRE model is informed by 40 diamond core holes, 16 reverse circulation (RC) holes and 159 percussion holes. Thirteen core holes (from surface or pre-collared) and 16 RC holes were drilled by TinOne in 2022 (see the summary in the Company's news release dated February 2, 2023), including three holes that were abandoned within 42 m and redrilled. One hole was attempted three times before being abandoned as the drill string could not penetrate an historic adit. Additional drilling was carried out by previous property owners in 1965, 1970 and 1980-1983. Of the 214 drill holes, 193 holes for 13,074 m were used to delineate the MRE. The 1965 percussion holes were rejected due to variable sampling and assay quality. Drilling covers a total area of approximately 600 m in a northwest direction and a maximum of 300 m in a northeast direction. The deepest hole reached a depth of approximately 400 m below surface, although most open-hole percussion drilling reached depths of less than 50 m. Historical shallow vertical open-hole percussion drill holes were drilled on a regular grid at a spacing of approximately 30 m by 15 m covering the entire outcropping area of mineralization. Other drill holes are at an irregular spacing, with some oriented to intersect stratigraphy rather than mineralization. The qualified person is of the opinion that the current drill pattern for the Great Pyramid Project is sufficient for the estimation of mineral resource for a sheeted vein style deposit. A block model was constructed to cover the entire extent of the mineralized domains. Tin grades for each block were estimated by ordinary kriging using Geovia's Surpac software. The MRE has been classified as an inferred mineral resource in accordance with the CIM (2014) definitions as incorporated in NI 43-101. Classification is based on the confidence levels of key criteria such as geological continuity, geological domaining, drill hole spacing, structural data, and geostatistical measures. The predominant tin bearing mineral is fine grained cassiterite. Mineralization is near surface and may be extracted using conventional open pit mining methods. Concentration of cassiterite to a commercially acceptable concentrate of 55% Sn could be achieved by a combination of size classification, gravity separation and/or sulphide flotation. The following assumptions are some of the considerations in evaluating reasonable prospects for eventual economic extraction. The RP3E test does not demonstrate economic viability and does not qualify as a reserve. A metal price of US$24,978/t and a metallurgical tin recovery of 80% is assumed based on preliminary test work undertaken in the 1980's. The conceptual pit was created with a wall angle of 55°, no berms or ramps are included in the conceptual pit shell, and the implied strip ratio is very low at 1.12:1 waste:mineralization. Total costs per tonne for mining and processing is assumed to be $18.53/t processed and cost assumptions were compared to the Taronga Tin Project PFS. Portions of a deposit that do not have RP3E have not been included in the mineral resource estimate. Mineralization at the Great Pyramid Project is hosted within northeast- to east-northeast trending and steeply northwest dipping zones of sheeted, narrow quartz veins that cross-cut northwest-trending stratigraphy and folding. It is recognized that mineralized veining and fracturing is generally of higher density within quartzite/sandstone units and an initial attempt was made to define the contacts of the sandstone units as 3D surfaces to assist with estimation domaining. Two nested grade domains with cut-offs defined by natural breaks in sample statistics were modelled using Leapfrog™ software: low-grade (LG) >700 ppm Sn and high-grade (HG) >1800 ppm Sn. Deeper diamond drilling aimed at extending tin mineralization (e.g., TinOne drill hole 22PRC003) below the conceptual pit is recommended. The overlying topography affords low strip ratios allowing incremental increases in depth without the burden of additional waste being moved. Drilling is recommended to investigate the potential link and continuity between the open deeper zones of tin mineralization with known mineralization at surface. A modest program of reverse circulation drilling is also recommended to confirm the historical open hole percussion drilling results. Positive results from this program would underpin an upgrade of a significant amount of the Inferred Mineral Resource to Indicated classification. Following the recommended drilling programs and contingent on positive results, Mining Associates Pty Ltd. recommends that TinOne prepare a Preliminary Economic Assessment (PEA) for the Great Pyramid Project. Aankondiging • Aug 18
TinOne Resources Inc. Samples Lithium Mineralization in Historical Drill Core from Its Aberfoyle Project, Tasmania, Australia TinOne Resources Inc. announced that it has identified lithium mineralization in historical core samples from its 100%-owned, 9,600-hectare Aberfoyle Project (the "Project") located in the tier-one mining jurisdiction of Tasmania, Australia. Definition of a new style of lithium mineralization at Aberfoyle: Select drill core samples of mica-rich sedimentary rocks, host to the prospective Devonian granites, returned up to 0.47% Li2O at the Storeys Creek target area. Strong lithium mineralization, hosted in sedimentary rocks at Storeys Creek, enhances the prospectivity criteria for lithium beyond Devonian aged granites. Emerging lithium district: the Company holds a dominant ground position over many prospective lithium-hosting granites in northeast Tasmania. Drill Core Sampling Program: Based on a thorough compilation of historical surface and underground drill data together with historical underground geological and structural mapping, multiple historical drill holes were selected for further review. Holes were prioritised based on the documentation and logging of coarse mica-alteration, which has shown to be locally related to lithium mineralization elsewhere on the Project. The key drill holes were located at the Mineral Resources Tasmania (MRT) core storage facility at Mornington in Hobart, Tasmania. The core storage facility holds a total of approximately 4,800 metres of drill core from 59 underground holes drilled at the Storeys Creek and Aberfoyle mines. Additionally, approximately 5,500 metres of drill core from 28 holes collared at surface in the Aberfoyle-Storeys Creek area are held at the facility. The core facility also holds approximately 1,400 metres of core from the Royal George area and 380 metres from the Gipps Creek area. In addition to the core held at the facility, detailed logs from most of the historical drilling at both mines are available to the Company - 449 logs of >21,000 metres of drilling at Aberfoyle and351 logs of >18,000 metres of drilling at Storeys Creek. At Mornington, drill core from prioritized holes were laid out, relogged, imaged and select intervals were sampled (either half or quarter core) and submitted to the lab for full multi-element geochemical analyses. Dollar information, down hole survey data, lithology, alteration and mineralization data for each hole were digitised from historical reports and were replotted in 3D software to better constrain the spatial representation of each sample. Aberfoyle Mine - Samples of drill core from historical underground holes at the Aberfoyle Mine, located 2.8 km south of the Storeys Creek area, returned anomalous lithium values up to 0.20% Li2O. New insights from this core sampling program together with results from the upcoming follow-up sampling and mineralogical studies will help guide future exploration programs across the Company's portfolio of highly prospective tin-tungsten-lithium projects in the Storeys Creek area. Aankondiging • Jul 23
TinOne Resources Inc Defines A New Zone of Strong Lithium-In-Soil At Its 100%-Owned, 9,600 Hectare Aberfoyle Project Located in the Tier-One Mining Jurisdiction of Tasmania, Australia TinOne Resources Inc. announced that it has defined a new zone of anomalous lithium-in-soil at its 100%-owned, 9,600 hectare Aberfoyle Project located in the tier-one mining jurisdiction of Tasmania, Australia. Reconnaissance-style soil sampling has been completed across the Aberfoyle project. Initial soil sampling was completed on a wide-spaced 200 x 400 m grid, with more detailed sampling on a 50 x 200 m grid across the Rex Hill area. One infill east-west oriented soil line was completed at Dead Pig-Guinea Pig with samples taken at 100 m intervals, midway between two 400 m spaced lines. Results have now been received from all 657 samples collected and the new results, primarily from the eastern side of the project, build on previously released results. The soil geochemical data define multiple broad zones of lithium anomalism highlighted by: The newly defined Dalrymple area measures 2.6 by 1.2 km at the 220 ppm (0.047% Li2O) cutoff. The broad zone of lithium anomalism is open to the south and northeast and is more coherent to the southeast, although additional sampling across the area is warranted to fully constrain the size of the anomaly. Only 13 rock samples have been collected across this broad soil anomaly (up to 0.06% Li2O), which were sampled primarily for tin mineralization. The prospective Devonian granites at Dalrymple are partially covered by relatively shallow (<80 m thick) Permian aged sediments. The occurrence of highly anomalous lithium in soil immediately adjacent to the boundary between the lithium-bearing granite and the cover rocks indicates the potential for lithium anomalism to persist under cover at depths amenable to shallow drilling. The Dead Pig-Guinea Pig anomaly measures 2.3 by 0.8 km at the 220 ppm (0.047% Li20) cutoff. Rock samples collected from across the anomaly returned Li2O values of up to 2.0% (float) and 1.1% (outcrop) with 33 samples yielding values over 0.1% Li2O (465 ppm Li). Rex Hill east area spans four 400 m spaced sample lines where the highest Li values (e.g., 416 ppm Li) are from the eastern ends of the lines. The emerging anomaly measures 1 km north to south and is open to the east. Follow-up geological mapping and rock sampling together with infill and expansion, tighter-spaced soil lines will be completed across the new soil anomalies to better define their footprints and develop vectors to higher-grade zones. Detailed multi-element analysis of all soil geochemical data and integration with new geological and structural mapping and new rock geochemical data will be completed and the results are expected to define potential drill targets at Aberfoyle. Importantly, new insights from this work will also help guide future exploration programs across the Company's portfolio of highly prospective tin-tungsten-lithium projects in northeast Tasmania. The Company is also currently awaiting assay results from samples of historic drill core from Aberfoyle stored at the Mineral Resources Tasmania (MRT) drill core storage facility. The drill core was logged and where micaceous alteration (potentially lithium-bearing) was observed, the core was sampled and submitted for full multi-element geochemical analyses. Aankondiging • Jul 15
TinOne Resources Inc. announced that it has received CAD 0.781 million in funding On July 14, 2023, TinOne Resources Inc. closed the transaction. The company has amended the terms of the transaction. The company issued 1,275,000 units at an issue price of CAD 0.12 per unit for the gross proceeds of CAD 153,000 in its third and final tranche. The company has received 6,508,330 units at an issue price of CAD 0.12 per unit for the gross proceeds of CAD 781,000 in the transaction. Certain directors and officers participated in the Financing. All securities issued in connection with the Financing will be subject to a statutory hold period of four months plus a day from closing, expiring October 3, 2023, October 27, 2023 and November 15, 2023. The Financing is subject to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and necessary regulatory approvals. Aankondiging • Jul 12
TinOne Resources Inc. (TSXV : TORC) acquired Tinlithium Mount Maurice Project, Tasmania, Australia. TinOne Resources Inc. (TSXV : TORC) acquired Tinlithium Mount Maurice Project, Tasmania, Australia on July 11, 2023.TinOne Resources Inc. (TSXV : TORC) completed the acquisition of Tinlithium Mount Maurice Project, Tasmania, Australia on July 11, 2023. New Risk • Jun 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.98m market cap, or US$6.77m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Aankondiging • May 19
TinOne Resources Inc. announced that it expects to receive CAD 0.923077 million in funding TinOne Resources Inc. announced a non-brokered of private placement financing of up to 7,692,308 units at a price of CAD 0.12 per Unit for gross proceeds of up to CAD 1,000,000 on May 18, 2023. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant of the Company. Each Warrant will entitle the holder to purchase one common share of the Company at an exercise price of CAD 0.25 for a period of 24 months following the closing date of the Financing. 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 Financing 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 Financing 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. Aankondiging • Feb 09
TinOne Resources Inc. Discovers Lithium at its 100%-Owned Aberfoyle Project in Tasmania, Australia While Prospecting for Tin and Tungsten TinOne Resources Inc. announced it has sampled highly elevated lithium grades from its 100%-owned 9,600 hectare Aberfoyle Project located in the tier-one mining jurisdiction of Tasmania, Australia. During reconnaissance exploration programs for tin across the Aberfoyle project, TinOne geologists sampled mica (greisen) altered granite, where ten samples returned highly elevated lithium values of 0.1% Li2O or above with a maximum of 0.57% Li2O. Greisen alteration of the type sampled at Aberfoyle is a typical alteration style associated with many tin deposits globally and is also associated with certain large scale lithium deposits, where the mica alteration minerals are lithium-bearing. Lithium grades (expressed as Li2O) in these mica-hosted deposits are typically in the range 0.3-0.7% Li2O. The elevated lithium samples at Aberfoyle come from three separate areas over an area of more than 8 km by 4 km, suggesting that the lithium occurrences are not isolated and may be part of a previously unrecognised lithium camp. The main area of elevated lithium sampled to date covers the historic Guinea Pig and Dead Pig small-scale tin mining prospects with five of the seven rock samples collected over an area of approximately 600 x 250 metres returned values over 0.1% Li2O and up to 0.57% Li2O. Approximately 2 km north of the Guinea Pig prospect, two samples in the Ockle Creek area returned 0.10% and 0.12% Li2O, respectively. In addition, another sample collected at the Tasmania Creek prospect to the northeast returned 0.22% Li2O and one sample a further 1 km north returned 0.1% Li2O. Samples that returned 0.1% or more Li2O were sent for umpire analysis at SGS Townsville, Australia and returned values consistent with the original ALS results (Table 1), thereby confirming the significance and validity of the original laboratory results. Selected higher grade samples were also analysed by X-ray diffraction12 (XRD) at the Minerals Resources Tasmania laboratory and confirmed the presence of substantial quantities of the mica zinnwaldite {KLiFeAl(AlSi3)O10(OH,F)2}, which is globally the most important mica-host for hard rock lithium deposits. Aankondiging • Feb 03
TinOne Resources Inc. Completes its Phase 1 Drill Program at its Great Pyramid Tin (Sn) Project Located in Tier One Mining Jurisdiction of Tasmania, Australia TinOne Resources Inc. announced that it has completed its Phase 1 drill program at its Great Pyramid Tin (Sn) Project (Great Pyramid or the Project) located in the tier one mining jurisdiction of Tasmania, Australia. Drilling has now concluded with a total of 4,687 metres completed and data compilation and modelling are underway. The program has been successful in continuing to define significant tin mineralization near surface, at depth and adjacent to historical drilling. Key Results: The 2022 program was designed to: Test the depth and lateral dimensions of mineralization within the vicinity of the historical drilling and resource estimate; Obtain grade and continuity data utilising modern drill and analytical techniques, within the area of the historic exploration activity; and Test a large-scale IP chargeability anomaly adjacent to the historic resource. The 2022 program returned results in line with historical data and includes outstanding intersections of higher grade such as: 22GPRC012 78 metres @0.51% Sn; 22GPRC016 51 metres @0.29% Sn; 22GPRC021 14 metres @0.36% Sn; and 22GPRC022 15 metres @0.45% Sn. The 2022 Great Pyramid drill program was highly successful in confirming the presence and tenor of significant tin mineralization in the area of historical drilling activity and historical resource estimate. Weighted average tin grade for all 2022 recorded intersections was 0.23% Sn which is in accord with historical drill data. In addition, the program successfully defined significant mineralization at depth below the historical resource estimate in the area of sparse historical drilling. Highlights at depth included: 22GPRC003: 18 metres @0.31% Sn from 308 metres downhole; 5.4 metres @0.46% Sn from 330.6 metres downhole; and 13 metres @0.22% Sn from 359 metres downhole. 22GPRC006: 49 metres @0.17% Sn from 65 metres downhole, Including 8 metres @0.3% Sn from 86 metres downhole. These TinOne drill holes and the historical data have not defined the lower limit of the system, which remains entirely open at depth. A relatively minor component of the program was directed to testing the lateral extent of mineralization due to access, with the network of historical drill access tracks being utilized to obtain a more cost effective drill program for this first round of drilling. However, despite this, the program has also delivered significant results laterally away from the historical drilling and resource estimate, with highlights including: 22GPRC021: 40 metres @0.13% Sn from 58 metres downhole; 14 metres @0.36% Sn from 128 metres downhole; and 17 metres @0.21% Sn from 181 metres downhole. 22GPRC002: 14 metres @0.18% Sn from 3 metres downhole; and 6 metres @0.22% Sn from 24 metres downhole. These drill holes and historical drill data have not defined the lateral limits of the Great Pyramid system, which remains open laterally in all directions. Three drill holes (22GPDD010, 22GPRC018A, 22GPRC019, 22GPDD023) were drilled (for a total of 1275.9 metres) to test IP chargeability anomalies to the northeast and east of the area of historical exploration activity. These holes intersected sedimentary rocks of the Mathinna Supergroup with strong hornfels effects at depth and variable amounts of pyrite (interpreted to be both diagenetic and hydrothermal) and minor base metal sulphides. No significant tin mineralization was encountered. The chargeability anomalies may be explained by the presence of pyrite, however more detailed analysis, including petrophysical property measurements, will be undertaken and integration into the broader Great Pyramid geological model undertaken. Aankondiging • Jan 19
TinOne Resources Inc. Provides Further Results from Its Great Pyramid Tin (Sn) Project Located in the Tier One Mining Jurisdiction of Tasmania, Australia TinOne Resources Inc. provided further results from its Great Pyramid Tin (Sn) Project ("Great Pyramid" or the "Project") located in the tier one mining jurisdiction of Tasmania, Australia. Drilling has now concluded, and data compilation and modelling are underway. The program has been highly successful in continuing to define significant tin mineralization near surface and at depth below and adjacent to historical drilling. Results reported here represent data from both the upper reverse circulation component and the lower diamond drill component of holes 22GPRC014 and 22GPRC021. The reverse circulation components have been previously reported and in this release, the combined intersections are reported where the diamond drill data are contiguous with the previously reported RC data (ie 22GPRC014 from 87 metres and 22GPRC021 from 128). Results have been received for 3,816 metres of the Company's completed 4,687 metre drilling program at Great Pyramid. These results represent complete results for 18 RC reverse circulation drill holes, results from two diamond cored holes and partial results from one diamond cored hole, in addition to results from six diamond tails and partial results from one other diamond tail. The Great Pyramid deposit is located around a topographical feature known as Pyramid Hill and is hosted by Silurian to Devonian Mathinna Supergroup sandstones. The mineralization is formed by closely spaced sheeted northeast trending cassiterite (SnO2) bearing veins associated with silicification and sericite-pyrite alteration. The deposit style and regional comparisons suggest that a tin-fertile granite exists at depth below the deposit, however this has not been encountered in drilling and the deposit is open at depth. Geological interpretation indicates that certain sedimentary units within the folded Mathinna Supergroup sediments are more favorable hosts and diamond drilling being undertaken by the Company during the current campaign, combined with numerical modelling, will assist in developing a deeper understanding of controls on grade for follow up drilling. The deposit is currently known over a strike length of more than 500 metres with an average width of approximately 150 metres. The depth extent of the deposit is unknown with only nine historical drill holes greater than 150 metres deep. These rare deeper holes encountered encouraging tin mineralization to depths of approximately 300 metres below surface. Drill core and RC samples were shipped to ALS Limited in Brisbane, Australia for sample preparation and for analysis. The ALS, Brisbanefacilities are ISO 9001 and ISO/IEC 17025 certified. Tin and tungsten are analysed by ICP-MS following lithium borate fusion (ALS method ME-MS85), overlimit results are reanalysed by XRF (ALS method XRF15b). Forty-eight element multi-element analyses are conducted by ICP-MS with a four-acid digestion (ALS method ME-MS61). Control samples comprising certified reference samples, duplicates and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's quality assurance /quality control protocol. The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by Dr. Stuart Smith., Technical Advisor for TinOne. Dr. Smith is a Qualified Person as defined under the terms of National Instrument 43-101. Aankondiging • Nov 24
TinOne Resources Inc. (TSXV:TORC) acquired Rattler Range tin project in northeastern Tasmania. TinOne Resources Inc. (TSXV:TORC) agreed to acquire Rattler Range tin project in northeastern Tasmania for CAD 0.1 million on August 30, 2022. Pursuant to the Definitive Agreement, TinOne will acquire a 100% undivided interest in the Rattler Range tin project in consideration for the issuance of CAD 0.1 million of common shares in the capital of the Company at 0.10, being the closing price of the Company's common shares on the TSXV on August 29, 2022. Additionally, TinOne has agreed to grant the Rattler Range vendor a 2% net smelter returns royalty over the project. TinOne will have the right, at any time upon notice being given to the NSR holder, to repurchase 1/2 of the NSR for CAD 1 million in cash. The Company also announces that it has granted 2,190,000 incentive stock options to certain Directors, Employees, Consultants and Advisors of the Company. The incentive stock options will vest over a period of two years, have an exercise price of CAD 0.10 per share, and are valid for a 5-year period from the date of grant. The options were granted pursuant to the Company's incentive stock option plan and are subject to regulatory approval. The acquisition of Rattler Range is subject to satisfaction of certain closing conditions including, among other things, the approval of the TSXV. All securities issued in connection with the Definitive Agreement are subject to a hold period expiring four months and one day from the date of issuance. It is anticipated that the acquisition will close in September, 2022.
TinOne Resources Inc. (TSXV:TORC) completed the acquisition of Rattler Range tin project in northeastern Tasmania on November 23, 2022. Aankondiging • Nov 23
TinOne Resources Inc. Reports Strong Results At Depth from Its Great Pyramid Project, Tasmania, Australia TinOne Resources Inc. provided further results from its Great Pyramid Tin Project located in the tier one mining jurisdiction of Tasmania, Australia. The ongoing program has been successful in continuing to define significant tin mineralisation. In addition to 22GPRC003, one significant intersection is reported here from drill hole 22GPRC004. This intersection is in addition to the previously reported shallower intersection in 22GPRC004 Geological interpretation is ongoing, however the previously inferred stratigraphic control on Sn grade is supported by preliminary data from the drill holes reported here. The Company's geologists are working with a specialist sedimentologist, structural geologist and geostatistician to develop a 3-dimensional predictive model which will be used to efficiently plan additional deeper drilling to better understand the extent of the Great Pyramid system. Drillhole 22GPDD015 was drilled on the periphery of the historical resource area and returned a thick intersection of moderate grade Sn, with thinner high-grade zones. The drillhole provides support for historical drill hole data and contributes to geological understanding of the Great Pyramid system. Results have been received for 3,120 metres of the Company's ongoing 5,500 metre drilling program at Great Pyramid. These results represent complete results for 18 Reverse Circulation drill holes, results from two diamond cored holes and partial results from one diamond cored hole, in addition to results from two diamond tails and partial results from one other diamond tail. Assays are being fast tracked and average laboratory turnaround to-date has been 24 days. Drilling commenced at the Project on April 27, 2022, and one diamond rig is currently operating on site. The initial program consists of approximately 5,500 metres and has several objectives: Test the depth and lateral extensions of the mineralised zone, Test a large-scale IP chargeability anomaly adjacent to the known mineralised zone and Obtain grade and continuity data utilising modern drill and analytical techniques. In addition to the RC and diamond drill results reported here, an additional 1,370 metres of diamond drilling has been completed within, lateral to, and beneath the historical resource area, with assays pending. Historical drilling and TinOne's previously reported drill holes below and peripheral to the historic resource model have returned intersections consistent with or higher grade than the historical resource model. Board Change • Nov 17
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Independent Director Karlene Collier is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Nov 16
TinOne Resources Inc., Annual General Meeting, Jan 25, 2023 TinOne Resources Inc., Annual General Meeting, Jan 25, 2023. Aankondiging • Oct 12
TinOne Resources Inc. Reports Outstanding Results from Its Great Pyramid Project, Tasmania, Australia TinOne Resources Inc. (TinOne or the Company) provided further results from its Great Pyramid Tin (Sn) Project (Great Pyramid or the Project) located in the tier one mining jurisdiction of Tasmania, Australia. The ongoing program has continued to define significant tin mineralisation. Highlights: -- All leses returned tin-bearing intersections and provide strong support for hiorical drill data -- Minereralised zones shown to extend beneath and peripheral to historical resource -- Outstanding high-grade intersections include: -- 22GPRC022 returned 0.45% Sn over 15 metres -- 22GPRC021 returned 0.37% Sn over 11 metres -- 22GPDD001A returned -- 0.23% Sn over 23 metres, and -- 0.22% Sn over 26 metres, and -- 0.45% Sn over 11 metres Results have been received for 2,827 metres of the Company's ongoing 5,500 metre drilling program at Great Pyramid. These results represent complete results for 19 Reverse Circulation (RC) drill holes, results from two diamond cored holes and results from one diamond tail and part results from one other diamond tail. Assays are being fast tracked and average laboratory turnaround to-date has been 21 days. Drilling commenced at the Project on April 27, 2022, with one diamond rig currently operating on site. The initial program consists of approximately 5,500 metres and has several objectives: - Test the e depth and lateral extensions of the mineralised zone -- Test a large-scale IP crgeability anonomaly adjacent to the known mineralised zone and -- Obtain grade and continuity data utilising modern drill and analytical techniques. additioion to the RC and diamond drill results reported here, an additional 662etres of diamond drilling has s been completed within, lateral to, and beneath the historical resource area, with assays pending. Results reported here are from below, peripheral to and within the historical resource area. Drill holes below and peripheral to the historic resource model have returned intersections consistent with or higher grade than the historical model. Ongoing deeper diamond drilling (assays reported here and pending) has confirmed the presence of mineralisation to considerable depth below the historical resource model and are consistent with historical drill data which returned mineralised intervals to the limit of drilling, up to 300 metres below surface. Aankondiging • Sep 07
TinOne Resources Inc. Provides Its Second Batch of Results from Its 100%-Owned Great Pyramid Tin (Sn) Project TinOne Resources Inc. provided its second batch of results from its 100%-owned Great Pyramid Tin (Sn) Project (the "Project") located in the tier one mining jurisdiction of Tasmania, Australia. The ongoing drill program has returned outstanding high-grade results highlighted by hole 22GPRC012 which returned 0.51% Sn over 78 metres, Including 1.09 % Sn over 23 metres from near surface in a new zone. Great Pyramid is the Company's most advanced and active project in its portfolio of high-quality tin assets and more results are expected in the coming weeks. Results have been received for 2,128 metres of the Company's ongoing 5,500 metre drilling program at the Great Pyramid Project. These results represent complete results for 15 Reverse Circulation ("RC") drill holes, partial results for one additional RC hole and results from one diamond cored hole. Assays are being fast tracked. Drilling commenced at the Project on April 27, 2022. The initial program consists of approximately 5,500 metres and has several objectives: Test the depth and lateral extensions of the historical resource; Test a large-scale IP chargeability anomaly adjacent to the historic resource; and, Provide sufficient drill coverage to verify/authenticate historical drilling and expand/upgrade the mineral resource. In addition to the RC drill results reported here, an additional 2,037 metres of diamond drilling has been completed within, lateral to, and beneath the historical resource area. Drill core processing is underway with an initial 528 metres of core despatched to the laboratory. Results reported here are from below, peripheral too and within the historical resource1 area (Table 1). Drill holes below and peripheral to the historic resource model have returned intersections consistent with or higher grade than the historical model, including high grade intersections in 22GPRC012 from near surface outside the current resource. Deeper diamond drilling (assays pending) has confirmed the presence of mineralisation to considerable depth below the historical resource model and are consistent with historical drill data2 which returned mineralised intervals to the limit of drilling, up to 300m below surface. Aankondiging • Sep 01
TinOne Resources Inc. (TSXV:TORC) agreed to acquire Rattler Range tin project in northeastern Tasmania for CAD 0.1 million. TinOne Resources Inc. (TSXV:TORC) agreed to acquire Rattler Range tin project in northeastern Tasmania for CAD 0.1 million on August 30, 2022. Pursuant to the Definitive Agreement, TinOne will acquire a 100% undivided interest in the Rattler Range tin project in consideration for the issuance of CAD 0.1 million of common shares in the capital of the Company at 0.10, being the closing price of the Company's common shares on the TSXV on August 29, 2022. Additionally, TinOne has agreed to grant the Rattler Range vendor a 2% net smelter returns royalty over the project. TinOne will have the right, at any time upon notice being given to the NSR holder, to repurchase 1/2 of the NSR for CAD 1 million in cash. The Company also announces that it has granted 2,190,000 incentive stock options to certain Directors, Employees, Consultants and Advisors of the Company. The incentive stock options will vest over a period of two years, have an exercise price of CAD 0.10 per share, and are valid for a 5-year period from the date of grant. The options were granted pursuant to the Company's incentive stock option plan and are subject to regulatory approval. The acquisition of Rattler Range is subject to satisfaction of certain closing conditions including, among other things, the approval of the TSXV. All securities issued in connection with the Definitive Agreement are subject to a hold period expiring four months and one day from the date of issuance. It is anticipated that the acquisition will close in September, 2022. Aankondiging • Aug 23
TinOne Resources Inc. announced that it has received CAD 2.2104 million in funding On August 22, 2022, TinOne Resources Inc. closed the transaction. The company has received CAD 95,000 in its second and final tranche, bringing a total funding of CAD 2,210,400 issuing a total of 22,104,000 units in the transaction. The company paid cash finder's fees equal to CAD 46,200 and issued 462,000 finders warrants of the company, to acquire that number of common shares in the capital of the company at CAD 0.20 per share, for a period of 36 months following the closing date of the Financing. The first tranche has an expiry date of December 16, 2022 and the second and final tranche has an expiry date of December 23, 2022. Aankondiging • Jul 13
TinOne Resources Inc. announced that it expects to receive CAD 2 million in funding TinOne Resources Inc announced a non-brokered private placement of up to 12,500,000 units at a price of CAD 0.16 per unit for gross proceeds of up to CAD 2,000,000 on July 12, 2022. Each unit is comprised of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company at an exercise price of CAD 0.35 for a period of 24 months following the closing date of 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. Aankondiging • Jul 08
TinOne Resources Inc. Samples Up to 4.9% Tin At the Aberfoyle Project, Australia TinOne Resources Inc. announce that its initial results from exploration work at the Aberfoyle Project ("Aberfoyle" or the "Project") in Tasmania, Australia has delineated multiple extensive areas of tin anomalism in surface rock sampling and the Company is progressing toward integrated drill target definition. Initial field mapping and rock sampling has been completed at the Aberfoyle project with collection of one hundred and seventy-three surface rock samples. Forty-four of the samples returned tin values greater than 0.1% and twenty-one samples over 0.25% with a peak value of 4.9% tin. These anomalous samples are distributed across a large area of the Project. Field mapping and interpretation of detailed public-domain LIDAR elevation data has defined extensive areas of historical tin mining activity over areas larger than previously known. Field mapping has defined alteration, brecciation and veining in granite and sedimentary host rocks over extensive areas with little to no modern exploration. Structural field mapping and historical data compilation have provided insights into the controls on the historic Aberfoyle, Storeys Creek and Lutwyche mines that will greatly assist in future drill targeting. TinOne has been active at the Aberfoyle project since listing, undertaking surface exploration work and compilation of historic mining and exploration data in order to define drill targets for future drill programs. The Company collected 173 surface rock samples across a large extent of the northern block of EL 27/2004 (Figure 2). Forty-four of the samples returned tin values greater than 0.1% and twenty-one samples greater than 0.25% with a peak value of 4.9% tin. Twelve samples returned tungsten values greater than 0.1% WO3 with a peak value of 0.62% WO3. Elevated tin was reported from across the full geographical extent of the area sampled and from a wide range of geological associations including quartz veins, greisen-altered granite, quartz- cemented breccia, and altered Mathinna Supergroup sediments. The majority of these areas have had extremely limited exploration and large areas of historical workings, alteration and elevated tin (and lesser tungsten) have been returned from the Company's programs in areas that have seen no modern exploration. Drilling has been largely confined to the area in the vicinity of the Aberfoyle-Storeys Creek-Lutwyche area. The Company is planning follow up mapping, continuation of the 3D data compilation, finalization of the structural interpretation and extensive soil sampling programs to follow up the encouraging results reported here. It is anticipated that these programs will lead to definition of integrated drill targets that, dependent on actual results and priorities, may be drilled during Fourth Quarter 2022. Aankondiging • Jun 30
TinOne Resources Inc. Reports First Results from Drilling Its Great Pyramid Project, Tasmania, Australia TinOne Resources Inc. provided the first drill results from its Great Pyramid Tin (Sn) project located in the tier one mining jurisdiction of Tasmania, Australia. All holes returned Tin-bearing intersections and provide support for historical drill data Mineralised zones shown to extend beneath historical resource; Highly encouraging intersections include: 22GPRC003 returned 0.25% Sn over 39 metres, 22GPRC005 returned 0.29% Sn over 23 metres, 22GPRC006 returned 0.19% Sn over 30 metres and 22GPRC007 returned 0.30% Sn over 21 metres. Results have been received for 764 metres of the Company's ongoing 5,500 metre drilling program at its Great Pyramid project in Tasmania, Australia. These results represent complete results for seven Reverse Circulation (RC) drill holes and partial results for one additional RC hole. Assays are being fast tracked and average laboratory turnaround to-date has been 23 days. Drilling commenced at the Great Pyramid project on April 27, 2022, with three drill rigs currently operating on site, including two Diamond (DD) rigs and one RC rig. The initial program consists of approximately 5,500 metres and has several objectives: Test the depth and lateral extensions of the historical resource; Test a large-scale IP chargeability anomaly adjacent to the historic resource; and Obtain grade and continuity data utilising modern drill and analytical techniques, within the area of the historic resource. Aankondiging • Jun 09
TinOne Resources Inc. Provides Update on Its Tin Exploration Programs TinOne Resources. Inc. provided an update on its exploration activities on the Company's Great Pyramid and Aberfoyle tin projects located in the tier one mining jurisdiction of Tasmania, Australia. Drilling commenced at the Great Pyramid project on April 27, 2022 with three drill rigs operating on site, including two Diamond (DD) rigs and one Reverse Circulation (RC) rig. The initial program consists of approximately 5,500 metres and has several objectives: Test the depth and lateral extensions of the historical resource; Test a large-scale IP chargeability anomaly adjacent to the historic resource; and, Obtain grade and continuity data utilising modern drill and analytical techniques, within the area of the historic resource. In addition to drilling, geochemical analysis has been fast tracked and initial results are expected within coming weeks. At the Aberfoyle Project, the Company is actively pursuing its drill target definition programs, including: First phase field mapping with associated surface rock sampling; The completion of 8km2 of gradient array IP geophysics in the Aberfoyle-Lutwyche-Eastern Hill area; Interpretation of detailed public-domain LIDAR elevation data which has revealed historic workings over larger areas than previously understood; The collection of a total of 172 surface rock samples and detailed mapping of the large-scale historic workings. Geochemical data from this program is expected to be received in coming weeks; and, The initiation of a detailed program of 3D data compilation of the late 1890's – 1980's mining areas. In addition to the above programs, the Company has commenced an expert-driven integrated structural and stratigraphic analysis to develop a detailed understanding of the controls on thickness and grade in historically mined areas. TinOne has also lodged two new Exploration License applications adjacent to the existing EL27/2004 claim block. The Great Pyramid deposit is located around a topographical feature known as Pyramid Hill and is hosted by Silurian to Devonian Mathinna Supergroup sandstones. The mineralization is formed by closely spaced sheeted northeast trending, cassiterite (SnO2) bearing veins associated with silicification and sericite-pyrite alteration. The deposit style and regional comparisons suggests that a tin-fertile granite exists at depth below the deposit, however this has not been encountered in drilling and the deposit is open at depth. The deposit is currently known over a strike length of more than 500 metres with an average width of approximately 150 metres. The depth extent of the deposit is unknown with only five historical drill holes greater than 150 metres deep. These rare deeper holes encountered encouraging tin mineralization to depths of approximately 300 metres below surface. The previous owners of the Great Pyramid project estimated an Inferred Resource reported under the JORC 2012 guidelines. This resource contains approximately 10,000 tonnes of tin at a grade of 0.2% tin. The estimation utilised close spaced historic percussion (~85%) and lesser diamond drill holes with drill spacing in the estimation area typically 15 x 30m and locally closer. Although the resource is defined by close spaced drilling, the resource was classified by the previous owners as Inferred due to the historic nature of the data. The estimate was reported in the independent geological report prepared by Mining One Pty Ltd. for TNT Mines Ltd, dated June 26, 2017. The Inferred Resource was estimated using Multiple Indicator Kriging method of 1.5 metre down-hole composites within a mineralized domain interpreted from tin grade. The estimate is restricted to the area of close spaced drilling and 90% of the resource occurs within 40 metres of surface. Although the limited deeper drilling has encountered mineralized material this was not included in the resource. Additional drilling utilising modern drill techniques, analytical techniques and QA/QC will be required to re-estimate the resource and report under NI 43-101. Aankondiging • Apr 28
Tinone Commences Drilling At Great Pyramid Tin Project TinOne Resources Inc. announced that it has commenced drilling on its Great Pyramid tin project in northeastern Tasmania, Australia. The drilling program has been designed to achieve the following: Target the potential immediately below and adjacent to the historical resource where average drill depth is 46 metres; Drill confirmation holes adjacent to historical holes to provide additional data regarding the tenor of tin mineralization using modern drilling methods compared to historical open hole percussion; and Test the deeper and lateral IP targets generated by the offset pole-dipole IP survey recently completed by the Company. The Great Pyramid deposit is located around a topographical feature known as Pyramid Hill and is hosted by Mathinna Supergroup sandstones. The mineralization is formed by closely spaced sheeted northeast trending, cassiterite (SnO2) bearing veins associated with silicification and sericite-pyrite alteration. The deposit style and regional comparisons suggests that a tin-fertile granite exists at depth below the deposit, however this has not been encountered in drilling and the deposit is open at depth. The deposit is currently known over a strike length of more than 500 metres with an average width of approximately 150 metres. The depth extent of the deposit is unknown with only five historical drill holes greater than 150 metres deep. These rare deeper holes encountered encouraging tin mineralization to depths of approximately 300 metres below surface. The previous owners of the Great Pyramid project estimated an Inferred Resource reported under the JORC 2012 guidelines. This resource contains approximately 10,000 tonnes of tin at a grade of 0.2% tin. The estimation utilized close spaced historic percussion (approximately 85%) and lesser diamond drill holes with drill spacing in the estimation area typically 15 x 30m and locally closer. Although the resource is defined by close spaced drilling, the resource was classified by the previous owners as Inferred due to the historic nature of the data. The estimate was reported in the independent geological report prepared by Mining One Pty Ltd. for TNT Mines Ltd, dated June 26, 2017. The Inferred Resource was estimated using Multiple Indicator Kriging method of 1.5 metre down-hole composites within a mineralized domain interpreted from tin grade. The estimate is restricted to the area of close spaced drilling and 90% of the resource occurs within 40 metres of surface. Although the limited deeper drilling has encountered mineralized material, this was not included in the resource. Additional drilling utilizing modern drill techniques, analytical techniques and QA/QC will be required to re-estimate the resource and report under NI 43-101. The reader is cautioned that the above referenced "Inferred Resource" estimates are considered historical in nature and is based on prior data and reports prepared by previous property owners. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and TinOne is not treating the historical estimate as current mineral resources or mineral reserves. Significant data compilation, re-drilling, re-sampling and data verification may be required by a qualified person before the historical estimate on the Great Pyramid property can be classified as a current resource. There can be no assurance that any of the historical mineral resources, in whole or in part, will ever become economically viable. In addition, mineral resources are not mineral reserves and do not have demonstrated economic viability. Even if classified as a current resource, there is no certainty as to whether further exploration will result in any inferred mineral resources being upgraded to an indicated or measured mineral resource category. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Independent Director Karlene Collier is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Apr 21
TinOne Announces Appointment of Liz Monger to the Board of Directors TinOne Resources Inc., at its AGM held on APril 20, 2022, announced the election of Liz Monger as a new Director. Ms. Monger has over 25 years of investor relations, communications and compliance experience in the mining sector, joining Inventa Capital in January 2022 as Vice President Marketing & Sustainability. Board Change • Apr 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Independent Director Karlene Collier is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Mar 01
TinOne Resources Inc. Commences Drilling to Panama Gold Project TinOne Resources Inc. announced that it has commenced drilling on its Panama Gold Project in northeastern Tasmania, Australia. A program of 1,860 metres of Reverse Circulation (RC) drilling has commenced at the Company's Panama Gold Project. Drilling to target previously undrilled prospects defined by surface geology, geophysics, historical exploration and small-scale historical mining activity. Ranking and Prioritizing Great Pyramid and Aberfoyle tin targets. The primary target in this prospect is a granodiorite intrusion at the south-western end of Panama Valley. Numerous historic alluvial workings are recorded above the weathered intrusion and prospector diggings occur in the Mathinna Supergroup rocks in the contact aureole, but the granodiorite intrusion has never been drilled or subjected to any modern exploration. The prospectivity of this target is based on its similarities, in terms of magnetic signature and structural/geomorphic setting, to a smaller granodiorite intrusion, known as the Potoroo prospect, further downslope in the north-east of Panama Valley. Modern exploration at Potoroo by previous companies demonstrated a small but coherent body of low grade, near surface gold mineralisation disseminated through the sericite-clay-sulphide altered granodiorite host rock. The magnetic anomaly source rocks are enriched in accessory pyrrhotite rather than magnetite and the mineralisation at Potoroo correlates with the modelled source of the anomaly. TinOne has planned a program of 7 holes for 420 metres to systematically test the area of historical workings and coherent magnetic signature. The undrilled Bessell Reward prospect contains gold mineralisation in sandstone-hosted bedding-parallel veinlets and disseminations within the sandstone interbeds. The target is interpreted to be a zone of structural deformation marked by a significant break in IP chargeability and aeromagnetic signature. The location of the historic alluvial diggings either side of the ridge and rock chip results, indicate that the sandstone ridge is a source of gold. Historical and recent surface rock samples have returned values up to 7.9 g/t Au. TinOne has planned a program of 17 holes for 1,440 metres to systematically test the area of historical workings, interpreted structural discontinuities and surface geochemistry. The underling geology at Panama is Ordovician-Silurian Mathinna Supergroup sediments that have been intruded by Devonian granodiorite. Both the intrusions and the sediments are considered to be prospective for intrusion related gold systems (IRGS), sediment hosted disseminated gold and mesothermal gold deposits. The Panamaproject contains multiple underexplored gold targets with TinOne's focus being bulk mineable, gold in sandstone (Bessell Reward) or granodiorite (Potoroo, Panama) within the historic Lisle-Golconda Goldfield. Alluvial gold was discovered in the Golconda-Lisle area in 1872 and hard-rock mining followed in 1876. The main Lisle alluvial field was discovered by Charles Bessell in 1878, following the discovery of the Tobacco Creek Goldfield (Bessell Reward area) in 1877 and official records (Reid, 1926) indicate production of approximately 88,000 oz although other government sources estimate a total production of approximately 250,000 oz (Twelvetrees, 1909). Modern exploration commenced in the 1970s and comprised of broad-scale stream sediment, soil, and rock chip sampling. Historical drill intersections within the project area include: 66m at 0.6 g/t Au, 2m at 7.4 g/t Au, 1.5m at 9.0 g/t Au, 4m at 12.9 g/t Au. Aankondiging • Feb 25
TinOne Resources Inc. Appoints Dr. Scott Halley as a Technical Advisor TinOne Resources Inc. announced the appointment of Dr. Scott Halley as a Technical Advisor to the Company, effective immediately. Dr. Halley is an internationally recognized geochemist who has consulted to more than 150 mining and exploration companies in more than 25 countries during the past 17 years. Aankondiging • Feb 18
TinOne Resources Inc., Annual General Meeting, Apr 18, 2022 TinOne Resources Inc., Annual General Meeting, Apr 18, 2022. Board Change • Jan 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Executive Chairman Michael Konnert was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.