Tinkerine Studios : Reverse Takeover with Electrum Charging Solutions has expired effective September 30, 2023

Tinkerine's Reverse Takeover with Electrum Charging Solutions has

expired effective September 30, 2023

October 10, 2023 - Tinkerine Studios Ltd. (TSXV: TTD) ("Tinkerine" or the "Company") announces the expiration of the Definitive Agreement ("DA") for the proposed business combination with Electrum Charging Solutions ("Electrum"), which would have resulted in a Reverse Takeover ("RTO") of the Company by shareholders of Electrum.

Tinkerine and Electrum continue to work together on a service provider and client basis, respectively.

Tinkerine is evaluating several platforms and Applied Design opportunities to bring value to its shareholders. The Company will also be communicating with regulators including TSX Venture and BCSC related to removal of the Cease Trade Order and resumption of trading.

About Tinkerine

At Tinkerine, we transform ideas into exceptional user experiences, crafting a future where digital interactions are delightful and purposeful. We empower the curious to convert creative ideas into the tangible and the unimaginable. By championing human-centric design, we inspire connections, foster loyalty, and drive meaningful impact, enriching lives through authentic, harmonious technology interactions. All Tinkerine products and services are designed and developed in Canada.

For further information please contact:

Dean Stuart, Investor Relations

T: 403 617 7609

E: [e-mail]

Eugene Suyu

Chief Executive Officer

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.