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Black Butte Copper Project Achieves Major Milestone – Advances into Next Step of the Permitting Process after Receiving Complete and Compliant Notification

White Sulphur Springs, Montana- August 14, 2017 – Tintina Resources, Inc. (“Tintina” or the “Company”) is pleased to announce that it has received notification from the Montana Department of Environmental Quality (“MT DEQ”) that the Black Butte Copper Mine Operating Permit (“MOP”) is now considered to be Complete and Compliant in accordance with all state rules and regulations relating to the operating plan of its proposed underground copper mine in Meagher County, Montana.

The permitting process now moves to the development of a comprehensive Environmental Impact Study (EIS). The selection of an independent and third party EIS contractor and issuance of a draft Mine Operating Permit are in the final stages and the EIS is expected to commence within the next 30 days. The EIS process, scheduled to take approximately twelve months, will include public input through a public comment process and will be a comprehensive analysis of project alternatives as required under the Montana Environmental Policy Act (“MEPA”). In addition, the Company is required to obtain other state operating permits including a Montana Pollutant Discharge Elimination System (MPDES) permit, an Air Quality permit, and a Public Water Supply permit. The Company will also complete a Hard Rock Mining Impact Plan as required by Montana statute. A Federal Clean Water Act 404 permit is also currently in process. Upon completion, the Company’s goal is that the EIS will result in a Final Record of Decision allowing construction and development of this underground mine on private ranch land in Meagher County.

A summary of the MOP can be found on our website www.blackbuttecopper.com along with a 3D animation of the planned project showing what the site will look like before and during mining operations as well as after reclamation. The proposed underground mine, located 15 miles north of White Sulphur Springs, is designed to provide economic opportunity to Central Montana while fully protecting the Smith River Watershed:

  • All designed openings and entry points to the underground mine are located well above the water table.
  • Surface irrigation rights have been leased for instream flow to ensure there is no change to the water levels in Sheep Creek.
  • A reverse osmosis water treatment plant will treat water on-site from construction through reclamation, and will return clean water back to the same ground water system through a buried infiltration system. The water treatment plant will remain active as long as needed to ensure all water involved in the operation meets Montana’s strict non-degradation water standards through reclamation and closure.
  • Our mining plan fills all underground mined areas in the copper deposit with paste backfill ensuring that only a small percentage of the underground mine is open at any given time and that no large open spaces are left underground.
  • Mill tailings that are not returned underground (approx. 55%) have cement added to them and will be placed in a double-lined facility. This innovative use of existing mine technology eliminates windblown dust and prevents acid runoff. Any un-milled rock brought to surface will be stored here. During reclamation, the cemented tailings facility will be sealed with another liner, covered with several feet of cover and original top soil and returned to grazing.
  • Our reclamation plan returns the entire site to agricultural and cattle grazing with no treatment of water in perpetuity necessary.

John Shanahan, CEO stated, “This has been a long and involved process, and we now can clearly demonstrate that the development and operation of this state-of-the-art project meets and exceeds all state rules and regulations. Our objective is very clear; to responsibly develop this project and provide both economic opportunity and complete protection of the environment. The ongoing support and vision of our major shareholder, Sandfire Resources, along with the unwavering support of White Sulphur Springs and surrounding communities has made this all possible. We also gratefully thank the Montana DEQ for their thorough and exacting review.”

Jerry Zieg, VP of Exploration closed by stating, “This is a real milestone for Tintina, the Black Butte Copper Project, and the residents of Meagher County and surrounding counties. Everyone has worked diligently for years, both managing and carrying out extensive supporting studies, and communicating their constant and strong support for the project. The Tintina team, both staff and third party contractors, are leading the world in showing how to build a mine which will exceed regulations at all levels in true comprehensive environmental protection while providing a much needed economic boon to the state of Montana. All of us can be very proud of this accomplishment.”

Contact Information:
Tintina Resources Inc.
Nancy Schlepp, Director of Public Affairs
Mobile: 406-224-8180
Office: 406-547-3466
Email: nschlepp@tintinaresources.com

Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this document constitute “forward-looking information” within the meaning of Canadian securities legislation, including statements regarding the Company’s plans for advancing the Black Butte Copper Project, including plans for tailings and water management and the MOP application and expected outcomes. In making these forward-looking statements, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Company’s plans for tailings and water management will be implemented as expected and will have the intended benefits and that the results of exploration and development activities are consistent with management’s expectations. However, the forward-looking statements in this document are subject to numerous risks, uncertainties and other factors relating to Tintina’s operation as a mineral exploration and development company and the Black Butte Copper Project that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including that results of exploration and development activities will not be consistent with management’s expectations, delays in obtaining or inability to obtain required government or other regulatory approvals or financing, failure of plant, equipment or processes to operate as anticipated, the risk of accidents, labor disputes, inclement or hazardous weather conditions, unusual or unexpected geological conditions, ground control problems, earthquakes, flooding and all of the other risks generally associated with the development of mining facilities and the operation of a producing mine. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. Tintina does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Certain disclosures in this document constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian and United States securities legislation.

 

Sandfire Resources to Acquire Additional Common Shares of Tintina Resources Inc.

Vancouver, BC – July 28, 2017 – Tintina Resources Inc. (“Tintina” or the “Company”) (TSX.V:”TAU”; OTCQB: “TINTF”) reports that Sandfire Resources NL (“Sandfire”) announced today that Sandfire has agreed to purchase, through its wholly owned subsidiary Sandfire BC Holdings Inc., 54,632,580 common shares of Tintina from Electrum Global Holdings L.P. and a related company, at a price per share of C$0.1305. The shares to be purchased represent 16.9% of the currently outstanding Tintina common shares.

Upon completion of the purchase of the shares, Sandfire will beneficially own and control 252,567,838 common shares (78.1% of the issued and outstanding common shares) and warrants to purchase an additional 60,000,000 common shares, which warrants, if exercised in full, Sandfire would have beneficial ownership and control over 81.5% (312,567,838) of Tintina’s then issued and outstanding common shares calculated on a partially diluted basis and based on the currently outstanding Tintina common shares.

John Shanahan, President & CEO, stated, “Tintina is pleased that Sandfire continues to support the advancement of its flagship Black Butte Copper Project. We gratefully thank Electrum Global Holdings for their participation and support over the years. Sandfire’s agreement to increase its ownership in Tintina clearly demonstrates Sandfire’s continuing commitment to developing the high grade/underground Black Butte Copper Project as an industry leading example of responsible development. The communities of Central Montana welcome this commitment of environmental stewardship and economic development”

Contact Information:
Tintina Resources Inc.
Nancy Schlepp, Director of Public Affairs
Mobile: 406-224-8180
Office: 406-547-3466
Email: nschlepp@tintinaresources.com

Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this document constitute “forward-looking information” within the meaning of Canadian securities legislation, including statements regarding the Company’s plans for advancing the Black Butte Copper Project, including plans for tailings and water management and the MOP application and expected outcomes. In making these forward-looking statements, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Company’s plans for tailings and water management will be implemented as expected and will have the intended benefits and that the results of exploration and development activities are consistent with management’s expectations. However, the forward-looking statements in this document are subject to numerous risks, uncertainties and other factors relating to Tintina’s operation as a mineral exploration and development company and the Black Butte Copper Project that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including that results of exploration and development activities will not be consistent with management’s expectations, delays in obtaining or inability to obtain required government or other regulatory approvals or financing, failure of plant, equipment or processes to operate as anticipated, the risk of accidents, labor disputes, inclement or hazardous weather conditions, unusual or unexpected geological conditions, ground control problems, earthquakes, flooding and all of the other risks generally associated with the development of mining facilities and the operation of a producing mine. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. Tintina does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Certain disclosures in this document constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian and United States securities legislation.

 

Black Butte Copper Project- Another Step Closer

White Sulphur Springs, Montana– June 9, 2017 – Tintina Resources, Inc. (“Tintina” or the “Company”) is pleased to announce that it has received a third round of response comments from the Montana Department of Environmental Quality (MT DEQ) with regards to its’ submission in the Complete and Compliant portion of the Black Butte Copper Mine Operating Permit (“MOP”) process.

The MT DEQ has identified a few remaining issues which require clarification. Once the project has achieved Complete and Compliant status, a draft Mine Operating Permit will be transmitted and the process moves forward to the next step in the permitting process; a full Environmental Impact Study (EIS). The EIS will be a comprehensive third party review of the MOP and will result in a Final Record of Decision. In addition, the Company will be required to attain other permits such as Air Quality, Public Water Supply, and a Montana Pollutant Discharge Elimination System (MPDES). A Clean Water Act 404 permit is currently in process.

A summary of the MOP can be found on our website www.blackbuttecopper.com along with a 3D animation of the planned project showing what the site will look like before and during mining operations as well as after reclamation.

The proposed underground mine is designed to provide economic opportunity to Central Montana while fully protecting the Smith River Watershed:

  1. All designed openings and entry points to the underground mine are located well above the water table preventing water from ever leaving the mine.
  2. Surface irrigation rights have been leased for instream flow to ensure there is no change to the water levels in Sheep Creek.
  3. A reverse osmosis water treatment plant will treat water on-site from construction through reclamation, and will return clean water back to the same ground water system through a buried infiltration system. The water treatment plant will remain active as long as needed to ensure all water involved in the operation meets Montana’s non-degradation water standards through reclamation and closure.
  4. Our mining plan fills all underground mined areas in the copper deposit through paste/backfill ensuring that only a small percentage of the underground mine is open at any given time and that no large open spaces are left underground. There will be no subsidence from surface.
  5. Mill tailings that are not returned underground (approx. 55%) have cement added to them and will be placed in a double-lined facility. This innovative use of existing
    mine technology eliminates windblown dust and prevents acid runoff. Any unmilled
    rock brought to surface will be stored here. During reclamation, the cemented tailings
    facility will be sealed with another liner, covered with several feet of cover and
    original top soil and returned to grazing.
  6. Our reclamation plan returns the entire site to the traditional use of cattle grazing
  7. with no treatment of water in perpetuity necessary.

John Shanahan, CEO stated, “An incredible effort has been put forward by the Tintina team
with the oversight and review from the Montana DEQ. We have produced an industry
leading underground mining plan that ensures we can have both; protecting our pristine
environment while providing economic opportunity in Meagher County and Central
Montana. We greatly appreciate the support and guidance from our major shareholders,
Sandfire Resources NL and The Electrum Group.LLC. We remain committed and focused
to bringing the extraordinary project to fruition.”

Jerry Zieg, VP of Exploration closed by stating, “I am amazed at and thankful for the support
we have received from my home community. I’m proud that we have created a project that
fits our community while successfully protects traditional uses of our watershed and
safeguards the environment; all while providing tremendous economic opportunities for
Central Montana.”

Contact Information:

Tintina Resources Inc.
Nancy Schlepp, Director of Public Affairs
Mobile: 406-224-8180
Office: 406-547-3466
Email: nschlepp@tintinaresources.com

Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this document constitute “forwardlooking
information” within the meaning of Canadian securities legislation, including statements regarding the Company’s
plans for advancing the Black Butte Copper Project, including plans for tailings and water management and the MOP
application and expected outcomes. In making these forward-looking statements, the Company has applied certain factors
and assumptions that the Company believes are reasonable, including that the Company’s plans for tailings and water
management will be implemented as expected and will have the intended benefits and that the results of exploration and
development activities are consistent with management’s expectations. However, the forward-looking statements in this
document are subject to numerous risks, uncertainties and other factors relating to Tintina’s operation as a mineral
exploration and development company and the Black Butte Copper Project that may cause future results to differ materially
from those expressed or implied in such forward-looking statements, including that results of exploration and development
activities will not be consistent with management’s expectations, delays in obtaining or inability to obtain required
government or other regulatory approvals or financing, failure of plant, equipment or processes to operate as anticipated,
the risk of accidents, labor disputes, inclement or hazardous weather conditions, unusual or unexpected geological
conditions, ground control problems, earthquakes, flooding and all of the other risks generally associated with the
development of mining facilities and the operation of a producing mine. There can be no assurance that such statements
will prove to be accurate, and actual results and future events could differ materially from those anticipated in such
statements. Readers are cautioned not to place undue reliance on forward-looking statements. Tintina does not intend, and
expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of
new information, future events or otherwise, except as required by law.

Certain disclosures in this document constitute “forward-looking information” and “forward-looking statements” within
the meaning of applicable Canadian and United States securities legislation.

Tintina Resources Update to Completeness and Compliance

The first phase of permitting the Black Butte Copper project continues to move forward. Some people have recently asked; did the Montana Department of Environmental Quality (MT DEQ) reject our permit? Headlines and social media commentary might lead the public to believe that our project’s been halted. That is not the case, and here is what actually is happening.

A few sessions ago, the legislature added a Completeness and Compliance (C&C) phase to the mine operating permitting process which would precede the Environmental Impact Study (EIS).  The C&C phase ensures that the draft application is very robust to ensure that the EIS process can be completed in a year or less, as the new law stipulates.  Barrick’s Golden Sunlight expansion, Stillwater’s East Boulder project, and the Montana Resources tailings modification have all gone through the new process.   As the first new major mining operation to apply for a permit in 30 years, our project must also go through this process!

The C&C process is a “back and forth” process between the company seeking a permit and the MT DEQ, which has the final say on whether or not a company has presented a sufficient application to obtain a draft Mine Operating Permit. This process allows the MT DEQ to request additional information to help support their final decision, including additional environmental tests, groundwater assessments, geochemical information, and specific design plans sufficient to mitigate impacts.  The MT DEQ requests are termed ‘deficiency letters’, which simply means they need more information or clarification to questions.

This is all information we have been happy to provide. We are confident that this review process will improve our ability to gain a permit once the EIS is complete. Already, we’ve gone above and beyond what is required by law, and will continue this as we progress.   The first 90 day review was at a very high level.   The second 90 day review dives into many important details.  Commonly, the C&C process requires several iterations of MT DEQ questions and applicant response, and we believe the detail addressed by the MT DEQ to date will help reduce the number of these.

The MT DEQ is exercising the due diligence needed to ensure that they can fully support their decision to grant a permit based on our application, which, thanks to the C&C process, will assuredly meet and exceed all of the laws of Montana related to mine permitting.

There’s no telling how much more information we’ll be asked to provide, but we’ve already added significantly to our application in our responses to requests by the MT DEQ.

Our application is available in our office for anyone to come and read through. Just make sure you set aside several hours to do so – it is now about 450 pages long with over 6000 pages of appendix!!!!

Tintina Resources Announces Meeting Results

Vancouver, BC – November 3, 2016 – Tintina Resources Inc. (“Tintina” or the “Company”) (TSX.V:“TAU”; OTCQX: “TINTF”) is pleased to announce that the five director nominees listed in the Company’s management information circular dated September 27, 2016 were elected at the annual general meeting of shareholders of the Company held on November 1, 2016.

The Company is pleased to welcome Megan Shroyer as a director of the Company. Ms. Shroyer is Senior Vice President-Montana Credit with Northwest Farm Credit Services overseeing a portfolio of agriculture loans in Montana. She has been with the Northwest Farm Credit Services working alongside farmers and ranchers for the last 19 years in various management roles. She is also a Vice President of the Montana 4-H Foundation Board and Chair of their marketing committee. Ms. Shroyer is an active member of the White Sulphur Springs community and is a proud 5th generation cattle rancher.

The Company would also like to take this opportunity to thank Rick Van Nieuwenhuyse, who elected not to stand for re-election, for his time and significant efforts on behalf of the Company since 2008.

The shareholders also approved all other matters as proposed.

About Tintina Resources Inc.

Tintina Resources Inc. is a growth company focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper project in central Montana, USA. The Company is led by a highly experienced executive management team that has a successful track record of building shareholder value through exploration, corporate finance, and mine development.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information
Tintina Resources Inc.
Mr. John Shanahan, President and Chief Executive Officer
(604) 628-1162
Email: info@tintinaresources.com

Tintina Closes Rights Offering

Vancouver, British Columbia – October 19, 2016 – Tintina Resources Inc. (TSX.V: “TAU”; OTCQX: “TINTF”) (“Tintina” or the “Company“) announces that it has closed its rights offering, issuing 101,045,832 common shares for gross proceeds of $6,062,749.92.

The Company’s two largest shareholders,  Sandfire BC Holdings Inc. (“Sandfire“) and Electrum Global Holdings L.P (“Electrum” and together with Sandfire, the “Purchasers“), together with certain of their affiliates, fully exercised their respective basic subscription privileges to purchase their pro rata share of the common shares offered in the rights offering, being an aggregate of 90,202,799 common shares.  96,943,835 of the shares issued in the rights offering were distributed under basic subscription privileges (of which 94,303,594 were issued to insiders, including the Purchasers).  4,101,997 of the shares issued in the rights offering were distributed under additional subscription privileges (all of which were issued to non-insiders).  To the knowledge of the Company, no person became an insider as a result of the rights offering.

On completion of the rights offering, the total number of issued and outstanding shares of the Company is now 323,538,342.  The Company did not pay any fees or commissions in connection with the distribution of securities in the rights offering.

Tintina intends to use the net proceeds of the rights offering to advance the Black Butte Copper Project and for general working capital purposes, as described in its rights offering circular filed on SEDAR at www.sedar.com

About Tintina Resources Inc.

Tintina Resources Inc. is a growth company focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper project in central Montana, USA.  The Company is led by a highly experienced executive management team that has a successful track record of building shareholder value through exploration, corporate finance, and mine development.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information
Tintina Resources Inc.
Mr. John Shanahan, President and Chief Executive Officer
(604) 628-1162
Email: info@tintinaresources.com

Tintina Reminds Shareholders of Expiry of Rights Offering

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Vancouver, British Columbia – October 13, 2016 – Tintina Resources Inc. (TSX.V: “TAU”; OTCQX: “TINTF”) (the “Company“) reminds shareholders that, further to its news release dated September 13, 2016, the rights issued in its rights offering will expire and cease to be exercisable at 2:00 p.m. (Vancouver time) on Tuesday, October 18, 2016. Shareholders wishing to exercise their rights are urged to contact their broker well in advance of the expiry date.

The rights are currently trading on the TSX Venture Exchange under the symbol TAU.RT and will cease trading at 9:00 a.m. (Vancouver time) on October 18, 2016.

Details of the rights offering are contained in the Company’s rights offering circular, which has been filed on the Company’s SEDAR profile at www.sedar.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, “U.S. persons,” as such term is defined in Regulation S under the U.S. Securities Act, unless an exemption from such registration is available.

About Tintina Resources Inc.

Tintina Resources Inc. is a growth company focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper project in central Montana, USA.  The Company is led by a highly experienced executive management team that has a successful track record of building shareholder value through exploration, corporate finance, and mine development.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information
Tintina Resources Inc.
Mr. John Shanahan, President and Chief Executive Officer
(604) 628-1162
Email: info@tintinaresources.com

Black Butte Copper Project Mine Operating Permit Application Resubmitted

Vancouver, British Columbia – September 19, 2016 – Tintina Resources Inc. (TSX.V: “TAU”; OTCQX: “TINTF”) (“Tintina” or the “Company”) is pleased to announce that it has submitted responses to questions from the Montana Department of Environmental Quality (“DEQ”) in regard to their Black Butte Copper underground Mine Operating Permit application (“MOP”).

This thorough review of the MOP includes detailed studies by third party consultants which have been peer reviewed for completeness. A summary of the proposal can be found on our website www.tintinaresources.com along with a 3D animation of the planned project showing what the site will look like before and during mining operations as well as after reclamation.

John Shanahan, CEO stated, “I want to thank the Montana Department of Environmental Quality for their profession and thorough approach. Our application is a much stronger document because of the excellent questions posed by the DEQ. We look forward to working with the department as they continue the review process through the Completeness and Compliance phase of permitting.”

Jerry Zieg, VP of Exploration closed by stating, “This is where I grew up, so I am proud to be part of a project that protects traditional uses of our watershed, fits well in my community and safeguards the environment; all while providing tremendous economic opportunities for Central Montana. Our highly engineered plan and quality design is one that Montanans and the mining industry can be proud of.”
About Tintina Resources Inc.
Tintina Resources Inc. is a growth company focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper project in central Montana, USA. The Company is led by a highly experienced executive management team that has a successful track record of building shareholder value through exploration, corporate finance, and mine development.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:
Tintina Resources Inc.
Mr. John Shanahan, President and Chief Executive Officer
(604) 628-1162
Email: info@tintinaresources.com

Tintina Announces Rights Offering

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Vancouver, British Columbia – September 13, 2016 – Tintina Resources Inc. (TSX.V: “TAU”; OTCQX: “TINTF”) (“Tintina” or the “Company“) announces that it will conduct a rights offering to raise gross proceeds of up to approximately $7.4 million.

The Company will issue rights (the “Rights“) to eligible holders of its common shares at the close of business on the record date of September 21, 2016, on the basis of five (5) Rights for each common share held (the “Rights Offering“).  Nine (9) Rights will entitle the holder to subscribe for one (1) common share of Tintina upon payment of the subscription price of $0.06 per share (the “Subscription Price“). No fractional shares will be issued. The Rights will be issued to all existing shareholders in Canada, and are available to qualified shareholders in other jurisdictions.

The Rights will trade on the TSX Venture Exchange under the symbol TAU.RT commencing on September 19, 2016 and will trade until 9:00 a.m. (Vancouver time) on October 18, 2016.  The Rights will expire at 2:00 p.m. (Vancouver time) on October 18, 2016 (the “Expiry Time“), after which time unexercised Rights will be void and of no value. Shareholders who fully exercise their Rights will be entitled to subscribe for additional shares in the Rights Offering, if available as a result of unexercised Rights prior to the Expiry Time, subject to certain limitations set out in Tintina’s rights offering circular.

A rights offering notice and rights certificate will be mailed to each registered shareholder of Tintina resident in Canada as at the record date. Registered shareholders who wish to exercise their Rights must forward the completed rights certificate, together with the applicable funds, to the rights agent, Computershare Investor Services Inc., on or before the Expiry Time. Shareholders who own their shares through an intermediary, such as a bank, trust company, securities dealer or broker, will receive materials and instructions from their intermediary.  Further details of the Rights Offering are contained in the Company’s rights offering circular, which has been filed on SEDAR under Tintina’s profile at www.sedar.com.

There are currently 222,492,510 common shares of Tintina outstanding. If all of the Rights issued under the Rights Offering are validly exercised, an additional 123,606,950 common shares will be issued and the Rights Offering will raise gross proceeds of $7,416,417.  Tintina intends to use the net proceeds of the Rights Offering to advance the Black Butte Copper Project and for general working capital purposes.

Purchase Commitment Agreement

In connection with the Rights Offering, Tintina has entered into a purchase commitment agreement (the “Commitment Agreement”) with its two largest shareholders, Sandfire BC Holdings Inc. (“Sandfire”) and Electrum Global Holdings L.P (“Electrum” and together with Sandfire, the “Purchasers”)), who have agreed, subject to the satisfaction of certain conditions, to fully exercise their respective basic subscription privileges to purchase their pro rata share of the common shares offered in the Rights Offering. The aggregate subscription amount for Sandfire will be approximately $4,241,500 and for Electrum will be approximately $1,170,700.  Further details of the Commitment Agreement are contained in the Company’s rights offering circular.

As of the date hereof, the Purchasers collectively own approximately 73% of the Company’s issued and outstanding common shares. If the purchase obligations of the Purchasers are fulfilled in full and no other shareholders exercise Rights, the Purchasers will collectively own approximately 81% of the issued and outstanding common shares on completion of the Rights Offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, “U.S. persons,” as such term is defined in Regulation S under the U.S. Securities Act, unless an exemption from such registration is available.

About Tintina Resources Inc.

Tintina Resources Inc. is a growth company focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper project in central Montana, USA.  The Company is led by a highly experienced executive management team that has a successful track record of building shareholder value through exploration, corporate finance, and mine development.

Cautionary statement regarding forward‐looking information

Certain statements in this release constitute “forward-looking information” within the meaning of Canadian securities legislation (“forward-looking statements”). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as the following: expects, plans, anticipates, believes, intends, estimates, projects, assumes, potential and similar expressions. Forward-looking statements also include reference to events or conditions that will, would, may, could or should occur, including, without limitation, statements regarding the Company’s plans for advancing the Black Butte Copper Project (including plans for the MOP application), details of the Rights Offering, the intended use of proceeds of the Rights Offering, resource estimates and expected outcomes. In making the forward-looking statements in this news release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Company’s MOP application will proceed as expected; that the Rights Offering will be completed and will raise the expected proceeds; that the results of exploration and development activities are consistent with management’s expectations and that the assumptions underlying mineral resource estimates are valid.  However, the forward-looking statements in this news release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including without limitation: that the Rights Offering will otherwise not be completed or will raise less than the expected proceeds; uncertainties as to the costs to completion of the rights offering; the results of exploration and development activities will not be consistent with management’s expectations, the risk of unexpected variations in mineral resources, grade or recovery rates, delays in obtaining or inability to obtain required government or other regulatory approvals or financing, failure of plant, equipment or processes to operate as anticipated, the risk of accidents, labor disputes, inclement or hazardous weather conditions, unusual or unexpected geological conditions, ground control problems, earthquakes, flooding and all of the other risks generally associated with the development of mining facilities and the operation of a producing mine.  There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. Tintina does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information
Tintina Resources Inc.
Mr. John Shanahan, President and Chief Executive Officer
(604) 628-1162
Email: info@tintinaresources.com

Tintina Resources Announces New Director

Vancouver, BC – September 1, 2016 – Tintina Resources Inc. (“Tintina” or the “Company”) (TSX.V:“TAU”; OTCQX: “TINTF”) is pleased to announce the appointment of Mr. Matthew Fitzgerald as a Director of the Company.  Mr. Fitzgerald is currently the Chief Financial Officer and Joint Company Secretary of Sandfire Resources NL (“Sandfire”) and replaces Mr. Paul Hallam as Sandfire’s director nominee.

Mr. Fitzgerald is an Australian Chartered Accountant with extensive experience in the resources industry.  He began his career in the Assurance and Advisory division of KPMG, before joining Australian Stock Exchange listed Kimberley Diamond Company NL in 2003, where he held the position of Chief Financial Officer and Director until July 2008.

Mr. John Shanahan stated:  “On behalf of the Board of Directors and Management of Tintina, I would like to welcome Matt to the Company. Matt brings significant experience in financing and developing resource properties and we look forward to his contributions as we build shareholder value by advancing the Black Butte Copper Project towards production.  Further, we would like to thank Paul Hallam for serving on the Board and his valuable contributions to the Company and its flagship Black Butte Copper Project.”

About Tintina Resources Inc.

Tintina Resources Inc. is a growth company focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper project in central Montana, USA.  The Company is led by a highly experienced executive management team that has a successful track record of building shareholder value through exploration, corporate finance, and mine development.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

Tintina Resources Inc.

Mr. John Shanahan, President and Chief Executive Officer

(604) 628-1162

Email: info@tintinaresources.com