TORONTO, March 28, 2022 (GLOBE NEWSWIRE) -- Tintina Mines Limited (“Tintina” or the “Company”) (TSX VENTURE: TTS) is pleased to announce that it has entered into a royalty repurchase agreement, with an effective date of March 17, 2022, and signed on March 25, 2022, with Canadian Malartic GP (“CMGP”), an Ontario general partnership, in which CMGP will exercise its buy-out option to repurchase the 2% net smelter return royalty held by the Company over the Rand property (the “Buy-Out Option”) for a total purchase price of $7,000,000 (USD). The exercise of the Buy-Out Option by CMGP is also subject to the terms and conditions of an existing Net Smelter Royalty Agreement between the Company and CMGP (the “Royalty Agreement”).