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Plata Latina Announces Management Update

Management Changes

NEWS RELEASE

PLATA LATINA ANNOUNCES MANAGEMENT UPDATE

Vancouver, BC, July 12, 2024 – Plata Latina Minerals Corporation (TSX -V: PLA) (“Plata

Latina” or the “Company”) is pleased to announce the appointment of Ms. Letitia Wong as

President and CEO, effective July 15, 2024. Ms. Wong will lead the Company through its strategic

review process and will continue to serve on the Board of Directors. Mr. Clausen, formerly interim

CEO, will remain with the Company as Executive Chair.

Ms. Wong has been with Plata Latina since its inception, initially in management roles and most

recently as a member of the Board of Directors and the Audit Committee. She brings 20 years of

experience in strategy, corporate development, strategic transact ions, capital markets, finance,

and corporate governance within the mining industry. Most recently, she served as Chief Financial

Officer at Copper Mountain Mining Corporation before its acquisition by Hudbay Minerals Inc. in

2023. Previously, she was Exec utive Vice President of Corporate Development and Corporate

Secretary at Brio Gold Inc., which was acquired in 2018. Ms. Wong has also held the position of

Vice President of Investor Relations at Augusta Resource Corporation (acquired in 2014) and

Ventana Gold (acquired in 2011).

She holds a Bachelor of Commerce degree in Finance from the Sauder School of Business at the

University of British Columbia and is a CFA Charterholder.

About Plata Latina Minerals

Plata Latina Minerals was a Canadian exploration company which was in the business of

exploring and evaluating mineral property assets, principally in Mexico. The Company has since

sold or relinquished its interests in four Mexican mineral properties and is undergoing a strategic

review process, which includes capitalizing on the value of the Company as a clean listed shell

with modest cash and cash flow. Following the completion of an option agreement in 2020 where

the Company sold its Naranjillo Property to Fresnillo for a total of US $2,150,000 over three years,

Plata Latina currently receives advance royalty payments of US $100,000 until the earlier of (i)

US $1,000,000 of advance royalty payments have been paid, or (ii) Naranjillo commences

commercial production of minerals. The Company also was granted a 3% net smelter return

royalty.

For more information, please contact:

Patricia Fong

Chief Financial Officer

Telephone: +1 800 933 9925

Email: [email protected]

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 release.