TheNewswire - November 29, 2021 - Tinkerine™ Studios Ltd. (TSXV:TTD) ("Tinkerine" or the "Company") announces the filing of its financial statements and management discussion and analysis for the fiscal period ending September 30, 2021. These filings are available for review on SEDAR and the Corporation’s website.

Highlights

• Revenue of Cdn $288,726 versus revenue of Cdn $86,819 in the comparable Q3 2020 period. 

• Gross Profit of Cdn $176,662 versus gross profit of Cdn $45,012 in Q3 2020. 

• Net Income of Cdn $184, versus a Net Loss of Cdn $116,420 in Q3 2020. 

• Purchase order for US $235,900 for 3D printers, skills and cloud platform. 

• Entered partnership with Kansas City Audio Visual. 

• Enhancements for Tinkerine Cloud to add visualization and print simulation pre-check improvements. 

Financial Results

Annual General Meeting Results

The Company also announces the results of its Annual General Meeting of shareholders (the “Meeting”) held on November 25, 2021 in Vancouver, British Columbia. All resolutions proposed at the Meeting were duly passed.

The resolutions at the Meeting consisted of the following: (1) setting the number of directors; (2) election of all director nominees, as listed in the management information circular dated October 27, 2021, to the board of directors of the Company; and (3) re-appointment of Dale-Matheson Carr-Hilton LaBonte LLP as auditor of the Company for the ensuing year and authorization of the directors to fix its remuneration.

The voting results, with a total of 11,009,952 votes or 22.16% of the Company’s issued and outstanding common shares represented at the Meeting, are summarized as follows:

Following the Meeting, the Board of Directors appointed Eugene Suyu as President and Chief Executive Officer; Chris Lee as Chief Financial Officer and Corporate Secretary; and Justin Sy as Chief Technology Officer. Justin Sy, Bob Longo and Todd Blatt were appointed as members of the Company’s Audit Committee with Todd Blatt as Chair.

About Tinkerine

Our mission is to provide a foundational understanding about Applied Design driven by 3D printing. Our ecosystem of 3D printing products and educational resources equips future generations with the innovative tools and products to stay ahead in a fast-paced, tech-driven world. Tinkerine enables the curious to convert creative ideas into the tangible and the unimaginable. All Tinkerine 3D printers and education services are designed and manufactured in Canada.

For further information please contact:

Dean Stuart

T: 403 617 7609

E: dean@boardmarker.net

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.

This news release contains certain forward-looking statements, including, but not limited to, expectations as to the acceptance of products designed and created by the Tinkerine Applied Design staff and the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.