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Tintina Announces Appointment of CEO and Changes to Board of Directors

MWN-AI** Summary

Tintina Mines Limited, a Canadian junior mining company focused on base and precious metal properties, has announced significant changes to its leadership team. As of August 27, 2025, Juan Enrique Rassmuss, who has been serving as the Interim-CEO since February 2025 and is currently the Director, President, and Chairman, has been officially appointed as the Chief Executive Officer (CEO). This change follows the resignation of Eugenio Ferrari, who stepped down from his roles due to ongoing medical issues, effective August 27, 2025.

In addition to Rassmuss's appointment, Tintina has welcomed Stefan Jochum, CFA, to its Board of Directors. Jochum brings over 20 years of financial expertise to the company, currently acting as Chairman of Invercap S.A., the controlling shareholder of CAP S.A., a prominent producer of iron ore and pellets in South America. He has also served on the boards of several industrial and energy companies across Chile, Argentina, and Peru, and has experience working with UBS AG in both Germany and Switzerland. Jochum is well-equipped for his new role, holding a Bachelor's and Postgraduate degree in International Business Administration and being a CFA charter holder.

Rassmuss expressed gratitude towards Ferrari for his valuable contributions to the company during his tenure and wished him a speedy recovery. Tintina Mines, known for its strategic acquisitions and exploration activities in South America, has further expanded its project portfolio with the recent addition of new ventures in Chile, enhancing its commitment to advancing the copper-gold Domeyko Sulfuros Project in the Atacama Region. The company's shares are listed on the TSX Venture Exchange under the symbol "TTS."

MWN-AI** Analysis

The recent announcement from Tintina Mines Limited regarding the appointment of Juan Enrique Rassmuss as CEO and the addition of Stefan Jochum, CFA, to the board, presents both challenges and opportunities for investors.

Rassmuss, who has been serving as Interim CEO, is familiar with Tintina's operational landscape, which may result in a smoother transition and continuity of leadership strategy. His tenure at Tintina and varied experiences in the mining sector could foster stability and investor confidence, particularly during this phase of expansion into new projects in Chile. This strategic move aligns with Tintina's goal of strengthening its portfolio in copper and gold resources, critical for the electrification and energy transition narrative.

However, investors should remain cautious regarding the change in leadership. The resignation of former CEO Eugenio Ferrari due to health concerns may raise questions about the company's management stability and direction, particularly in the volatile mining sector. Investors might worry about how this transition could affect Tintina's ongoing projects and investor sentiment in the short term.

On a positive note, Jochum’s extensive experience in finance and significant board roles in various companies specializing in resources may provide Tintina with the necessary expertise to navigate the complex financial landscapes of the mining industry. His background could facilitate improved strategic decision-making and potentially open doors to new partnerships or avenues for raising capital.

Given these factors, potential investors should evaluate Tintina's operational capabilities in light of its leadership changes and ongoing project developments. While Tintina’s stock may exhibit volatility in response to these changes, long-term investors with a keen eye on the copper-gold market should monitor its progression closely, especially as the global energy demand shifts towards cleaner alternatives. This may offer strategic entry points for investment.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

TORONTO, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Tintina Mines Limited (“Tintina” or the “Company”) (TSXV: TTS) announces that Juan Enrique Rassmuss, who is a Director, President & Chairman of the Company and currently serves as Interim-CEO since February 26, 2025, has been appointed as Chief Executive Officer (“CEO”) to replace Mr. Eugenio Ferrari who, for continuous medical reasons, has presented his resignation as Director and CEO, effective August 27, 2025.

The Company also announced the appointment of Mr. Stefan Jochum, CFA, as Director with effect from August 27, 2025.

Stefan Jochum, CFA, 46, has more than 20 years of experience in finance and the financial industry. Currently, he also serves as a Chairman of Invercap S.A. the controlling shareholder of CAP S.A., Chile (the leading iron ore and pellets producer on the American Pacific coast and a relevant operator in the industrial and infrastructure segment), and as a board member of CEMIN Holding Minero (a copper and gold producer in Chile) as well as Grupo Olympic, Peru (an energy conglomerate active in oil, gas and power generation).

Previously, Mr. Jochum held board positions in industrial companies in Argentina and Peru as well as in a power generator in Chile. He also worked for almost 10 years at UBS AG in Germany and Switzerland.

Mr. Jochum holds a Bachelor & Postgraduate in International Business Administration from the Georg-Simon-Ohm University of Nuremberg, Germany, and is a CFA charter holder.

“On behalf the Company and my fellow board members, I would like to sincerely thank Eugenio for his invaluable contribution during his time as Director and CEO of Tintina and we all wish him a hopefully speedy and full recovery,” stated Mr. Juan Enrique Rassmuss of Tintina Mines.

About Tintina

Tintina Mines is a Canadian-based company with over two decades of experience in the junior mining sector, focused in the acquisition, exploration, and development of base and precious metal properties in South America and Canada.

Recently, Tintina expanded its portfolio with the addition of five new projects in Chile, following the acquisition of a majority stake in Andean Belt Resources.

Tintina is committed to advancing the exploration and development of the copper-gold (Cu-Au) Domeyko Sulfuros Project in the Atacama Region of northern Chile. Tintina Mines Limited’s common shares are listed on the TSXV under the symbol “TTS”.

Tintina Contact:

Tintina Mines Limited
Mr. Jing Peng
82 Richmond Street East
Toronto, Ontario
M5C 1P1
Phone: (416) 848-9888
Email: jpeng@marrellisupport.ca

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.


FAQ**

How might the leadership changes at Tintina Mines Ltd. TTS:CC, including the appointment of Juan Enrique Rassmuss as CEO, impact the company’s strategic direction and operational efficiency going forward?

The leadership changes at Tintina Mines Ltd., particularly Juan Enrique Rassmuss's appointment as CEO, may lead to a strategic realignment focused on innovation and operational efficiency, potentially enhancing stakeholder confidence and driving growth in a competitive market.

With the recent acquisition of five new projects in Chile, how does Tintina Mines Ltd. TTS:CC plan to integrate these assets into its existing portfolio and maximize their potential?

Tintina Mines Ltd. (TTS:CC) plans to integrate the five new projects in Chile by leveraging synergies with its existing operations, optimizing resource allocation, and implementing best practices in project management to maximize their potential and enhance overall portfolio performance.

What are the immediate priorities for Juan Enrique Rassmuss as the new CEO of Tintina Mines Ltd. TTS:CC, especially in regard to the exploration and development of the Domeyko Sulfuros Project in northern Chile?

As the new CEO of Tintina Mines Ltd., Juan Enrique Rassmuss's immediate priorities include advancing the exploration and development of the Domeyko Sulfuros Project, securing funding, enhancing stakeholder relationships, and ensuring compliance with regulatory requirements in Chile.

Given Stefan Jochum's extensive background in finance and mining, how will his appointment to the board of Tintina Mines Ltd. TTS:CC influence the company’s financial strategy and stakeholder engagement?

Stefan Jochum's extensive finance and mining background will likely enhance Tintina Mines Ltd.'s financial strategy through informed decision-making, risk management, and improved stakeholder engagement by leveraging his industry expertise to foster investor confidence and collaboration.

**MWN-AI FAQ is based on asking OpenAI questions about Tintina Mines Ltd. (TSXVC: TTS:CC).

Tintina Mines Ltd.

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