TIN Tincorp Metals Inc

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES.


Eurotin Inc. (TSX VENTURE:TIN) ("Eurotin" or the "Company"), is pleased to
announce that the Company has entered into an agreement with PowerOne Capitial
Markets Limited ("PowerOne") to complete a private placement financing (the
"Offering") of up to 60,000,000 common shares at an issue price of C$0.05 per
common share for gross proceeds of up to C$3,000,000. 


The Company intends to use the net proceeds from the Offering to continue
development of the Oropesa tin project and for general working capital purposes.


In addition to and contemporaneous with closing of the Offering, the Company
also intends to complete debt conversions with certain creditors of the Company
whereby certain payables of the Company will be converted into common shares at
a deemed issue price of $0.05 per common share. The Company anticipates that up
to approximately $1,000,000 of debt will be converted into common shares. 


The Offering will be made on a best efforts basis by PowerOne. PowerOne will be
paid a cash commission of 6% of the gross proceeds of the Offering and will
receive warrants to purchase up to 6% of the total number of common shares
issued pursuant to the Offering, with each warrant being exercisable at a price
of $0.05 per common share for a period of two years.


Closing of the Offering is anticipated to occur by the end of November 2013 and
is subject to receipt of applicable regulatory approvals including approval of
the TSX Venture Exchange.


Forward-looking statements

This press release includes certain forward-looking statements within the
meaning of Canadian securities laws that are based on the expectations of the
Company as of the date of this press release. There can be no assurance that
such statements will prove accurate, and actual developments are likely to
differ, in some case materially, from those expressed or implied by the
forward-looking statements contained in this press release. 


Forward-looking statements contained in this press release are based on a number
of assumptions that may prove to be incorrect, including, but not limited to,
the terms of the Offering, the planned use of the proceeds, the receipt of all
regulatory approvals, general market conditions, general economic conditions,
the timing of the closing of the Offering and changes in the laws, rules and
regulations applicable to the Company. In addition to being subject to a number
of assumptions, forward-looking statements in this press release involve known
and unknown risks, uncertainties and other factors that may cause actual
developments to be materially different from those expressed or implied by such
forward-looking statements. The Company has no intention, nor obligation, to
update the forward-looking statements contained in this press release. Readers
of this press release are cautioned not to place undue reliance on any such
forward-looking statements. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eurotin Inc.
Trevor Richardson
CEO
416 918-2242

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