Latin Metals and Latin Explore Announce Closing of Spin-Out Arrangement

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About Latin Metals and Latin Explore

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Latin Metals Inc. is a copper, gold and silver exploration company operating in Peru and Argentina under a prospect generator model, minimizing risk and dilution while maximizing discovery potential. The company secures option agreements with partners to fund exploration. This approach provides early-stage exposure to high-value mineral assets. Latin Metals is actively seeking new strategic partners to advance its portfolio.

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Latin Explore Inc. is a copper-gold exploration company focused on advancing high-quality projects in South America. The company currently holds 100%-owned copper exploration assets in Peru and is focused on exploration, drilling, and discovery.

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Stay Connected with Latin Metals
Follow Latin Metals on YouTube, X, Facebook, LinkedIn and Instagram to stay informed on our latest developments, exploration updates, and corporate news.

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Stay Connected with Latin Explore
Follow Latin Explore on X, and LinkedIn to stay informed on our latest developments, exploration updates, and corporate news.

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Upcoming Events
Management from Latin Metals and Latin Explore will be attending the upcoming PDAC conference in Toronto, March 1–4, 2026.

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On Behalf of the Board of Directors of
LATIN METALS INC.
“Keith Henderson”
President & CEO

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On Behalf of the Board of Directors of
LATIN EXPLORE INC.
“Keturah Nathe”
President & CEO

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For further details on Latin Explore and Latin Metals, readers are referred to Canadian regulatory filings on SEDAR+ at www.sedarplus.ca and the Latin Metals website (www.latin-metals.com). A website for Latin Explore is under construction.

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For further information, please contact:

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Neither 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 news release.

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This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the distribution of the New Latin Metals Shares and Latin Explore Shares to Latin Metals Shareholders, the delisting of the Latin Metals Shares, the listing and posting for trading of the New Latin Metals Shares, the listing of the Latin Explore Shares on the TSXV, and the anticipated business plan and timing of future activities, the receipt of all necessary regulatory approvals, anticipated exploration program results from exploration activities, the discovery and delineation of mineral deposits/resources/reserves, and the anticipated business plans and timing of future activities of Latin Metals and Latin Explore, are forward-looking statements. Although each of Latin Metals and Latin Explore believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “will”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, each of Latin Metals and Latin Explore has applied several material assumptions, including without limitation, that it (and as applicable Latin Explore) will obtain all required TSXV acceptances , that market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the Para Project and the Auquis Project in a timely manner, the availability of financing on suitable terms for the development, construction and continued operation of the its projects, and its ability to comply with environmental, health and safety laws.

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Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Latin Metals or Latin Explore to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, Latin Metals may be exposed to risks which Latin Explore is exposed to, Latin Explore will be subject to public issuer compliance, operating and technical difficulties in connection with mineral exploration and development and mine development activities at Latin Metals and Latin Explore’s projects, estimation or realization of mineral reserves and mineral resources, requirements for additional capital, future prices of precious metals and copper, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays or the inability of Latin Metals or Latin Explore to obtain any necessary permits, consents or authorizations required, including of the TSXV, financing or other planned activities, changes in laws, regulations and policies affecting mining operations, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities, risks relating to epidemics or pandemics and their impact on Latin Metals’ or Latin Explore’s business, risks related to joint venture operations, and risks related to the integration of acquisitions, as well as those factors discussed under the heading “Risk Factors” in Latin Metals’ latest Management Discussion and Analysis and other filings of Latin Metals with the Canadian Securities Authorities, copies of which can be found under Latin Metals’ profile on the SEDAR+ website at www.sedarplus.ca.

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Readers are cautioned not to place undue reliance on forward looking statements. Except as otherwise required by law, Latin Metals and Latin Explore undertake no obligation to update any of the forward-looking information in this news release or incorporated by reference herein.

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