Tymbal Resources Ltd. announced a private placement of up to 30,000,000 units at a price of CAD 0.01 per unit for gross proceeds of up to CAD 300,000 on December 22, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 0.01 per share for a period of five years from the date of closing. The transaction is subject to approval from TSX Venture Exchange. A finder’s fee is payable according to the rules set out by the TSX Ventures Exchange.