TKSTF - Tinkerine Quarter 3 2020 Financial Results

(TheNewswire)

November 30, 2020 - TheNewswire - Tinkerine(TM)Studios Ltd. (TSXV: TTD) ("Tinkerine"or the "Company") announces the filing of its financialstatements and management discussion and analysis for the fiscalperiod ending September 30, 2020. These filings are available forreview on SEDAR and the Corporation's website.

Highlights

• -Completed design and initiated production of Face MaskClear;

  -Initiated development of metal powder 3Dprinter;

  -Expanded Tinkerine Suite to Cloud management solutionfor enterprise use with over 50 partners using in beta;

  -Launched enterprise essential training system forsmall and midsize companies to evaluate how additive manufacturing canoptimize workflows;

  -After Q3 entered into definitive agreement with MaitriHealth Technologies for the marketing and distribution of Tinkerine'scurrent and future products to global markets, and the design of newmedical products and devices that are jointly developed by Tinkerineand Maitri.

Chief Executive Officer Eugene Suyu states;"Tinkerine is an organization strong in design, development, andmanufacturing of advanced tools. We recognize the challenges in salesand marketing across our various product initiatives. It continues tobe a focus of ours to build a team capable of managing internal aswell as external sales and marketing strategies for our Production ofThings 2.0 initiative. The addition of channel partners such as MaitriHealth Technologies will be part of this strategy. The continual focuson our cloud-based platform Tinkerine Cloud, and additivemanufacturing adoption into businesses looks to expand Tinkerine'scurrent product offering into a new market segment less cyclical innature comparative to K-12. Understandably we are disappointed withour PPE sales to date but remain committed to driving revenue withpartners and developing new revenue sources through Production ofThings 2.0."

Annual General Meeting Results

All motions were passed at the Company's Annual GeneralMeeting held on November 26, 2020. A total of 27 shareholders werepresent by proxy holding 10,833,312 common shares representing 21.84%of total common outstanding.

Financial Highlights

About Tinkerine

Our mission is to provide a foundational understandingabout Applied Design driven by 3D printing. Our ecosystem of 3Dprinting products and educational resources equips future generationswith the innovative tools and products to stay ahead in a fast-paced,tech-driven world. Tinkerine enables the curious to convert creativeideas into the tangible and the unimaginable. All Tinkerine 3Dprinters and education services are designed and manufactured inCanada.

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 norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

This news release contains certain forward-lookingstatements, including, but not limited to, expectations as to theacceptance of products designed and created by the Tinkerine AppliedDesign staff and the Company's future plans and intentions. Whereverpossible, words such as "may", "will","should", "could", "expect","plan", "intend", "anticipate","believe", "estimate", "predict" or"potential" or the negative or other variations of thesewords, or similar words or phrases, have been used to identify theseforward-looking statements. These statements reflect management'scurrent beliefs and are based on information currently available tomanagement as at the date hereof.

Forward-looking statements involve significant risk,uncertainties and assumptions. Many factors could cause actualresults, performance or achievements to differ materially from theresults discussed or implied in the forward-looking statements. Thesefactors should be considered carefully and readers should not placeundue reliance on the forward-looking statements. Although theforward-looking statements contained in this news release are basedupon what management believes to be reasonable assumptions, theCompany cannot assure readers that actual results will be consistentwith these forward-looking statements. The Company assumes noobligation to update or revise them to reflect new events orcircumstances, except as required by law.

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