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Mergers & Acquisitions•5 May 2026•

1 min read

Tincorp Shareholders Approve Santa Barbara Acquisition and C$17.5M Financing

Key Facts

1Tincorp Metals Inc shareholders approved the acquisition of the Santa Barbara Gold-Copper Project in Ecuador.

2A C$17,500,000 subscription receipt financing was approved during the Annual General and Special Meeting.

3Lon Shaver and Victor Feng were appointed to the Company's Board of Directors.

Tincorp Metals Inc. shareholders have officially approved the strategic acquisition of the Santa Barbara Gold-Copper Project located in Ecuador. During the Annual General and Special Meeting, shareholders also greenlit a subscription receipt financing round totaling C$17,500,000 to fund the expansion. In addition to the acquisition and funding, Lon Shaver and Victor Feng were appointed as new members of the Company's Board of Directors. These approvals mark a critical milestone in securing the necessary capital and expanding the company's mining asset portfolio. The successful vote is viewed as a bullish development, as it clears major regulatory and financial hurdles for the project. These moves reflect strong investor confidence in the company's future growth and its ability to execute large-scale projects in the metals sector.