TINONE ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT FINANCING OF CONVERTIBLE DEBT UNITS FOR GROSS PROCEEDS OF $611,000

TSX.V: TORC   OTCQB: TORCF

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VANCOUVER, BC, May 16, 2024 /CNW/ - TinOne Resources Inc. (TSXV:TORC.VN) (OTC-BB:TORCF) (Frankfurt: 57Z0) ("TinOne" or the "Company") is pleased to announce that it has closed the first tranche of the non-brokered, arm's length, private placement financing, previously announced on April 22^nd and April 25^th, issuing 611 units of the Company (the "Units") at a price of C$1,000 per Unit for gross proceeds of C$611,000 (the "Financing").