Latin Metals Receives Extension for Private Placement
LC172889-1
Latin Metals Receives Extension for Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
NR19‐07 July 5, 2019
Vancouver, B.C. – Latin Metals Inc. ("Latin Metals" or the "Company") ‐ (TSXV: LMS)
(OTCQB: CTMID) reports that further to its news releases dated April 30, 2019 and June 21, 2019
announcing a non‐brokered priva te placement of $0.125 common sh ares (the "Financing") and
the closing of a first tranche of the Financing, respectively, the TSX Venture Exchange has granted
the Company a 30 day extension in order to close additional tranches of the Financing. The terms
and conditions of the Financing remain the same as those previously announced by the Company.
T h i s n e w s r e l e a s e d o e s n o t c o n s t i t u t e a n o f f e r t o s e l l o r a s o licitation of an offer to buy the
securities described herein in the United States, or in any jur isdiction in which such an offer or
sale would be unlawful. The securities described herein have not been and will not be registered
under the United States Securities Act of 1933, as amended (the "1933 Act") or any United States
state securities laws, and may not be offered or sold in the Un ited States or to the account or
b e n e f i t o f a " U . S . p e r s o n " ( a s d e f i n e d i n R e g u l a t i o n S u n d e r t he 1933 Act) or a person in the
United States absent registration or an applicable exemption from the registration requirements.
About Latin Metals
Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South
America. The Company operates with a Prospect Generator model by focusing on the acquisition
of prospective exploration properties at a minimum cost, comple ting initial evaluation through
cost‐effective exploration to establish drill targets, and ultimately securing joint venture partners
to fund drilling and advanced exploration. The Prospect Genero tor business model is intended
to expose shareholders to the upside of a significant discovery , without the dilution associated
with funding the highest‐risk drill‐based exploration.
Within the Company’s asset portfolio, the Company's key asset i s the Organullo Gold project; a
100%‐owned property in which Yamana Gold Inc. is earning an initial 70% interest through
various work commitments and cash payments (for additional deta ils, see news release dated
October 22, 2018).
For further details on the Company readers are referred to the Company's web site (www.latin‐
metals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
LATIN METALS INC.
“Keith Henderson”
President & CEO
NR19‐07 Continued 2 July 5, 2019
LC172889-1
For further information, please contact:
Keith Henderson
Suite 2300
1177 West Hastings Street
Vancouver, BC, V6E 2K3
Phone: 604‐638‐3456
E‐mail: info@latin‐metals.com
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.
Cautionary Note Regarding Forward‐Looking Statements
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, including the United
States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact,
included herein including, without limitation, the Company's expectation that it will be able to close additional
tranches of the Financing, and operate as a Prospect Generator by entering into agreements to acquire interests in
additional mineral properties and attracting joint venture partners to fund drilling and conduct advanced exploration
on its properties, the anticipated content, commencement, timin g and cost of expl oration pro gram s in r esp ect o f
mineral properties (including the joint venture with Yamana for the Organullo property), anticipated results from
exploration activities, the Company's anticipated business plans and timing of future activities of the Company, are
forward‐looking statements. Although the Company believes that such statements are reasonable, it can give no
assurance that such expectatio ns will prove to be correct. For ward‐looking statements are typically identified by
words such as: "believes", "will" , "expects", "anticipates", "i ntends", "estimates", "plans", "may", "should",
"potential", "scheduled", or variations of such words and phras es and similar expressions, which, by their nature,
refer to future 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, the Company ha s applied several material assumptions, including
without limitation, that investo r interest will be sufficient t o close the Financing and the receipt of any necessary
regulatory approvals in connection with the Financing, including TSXV acceptance of same.
Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to differ materially from any future results, performance
or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include,
among others, lack of investor interest in the Financing, actua l results of exploration activities, the inability of the
Company to operate as a Prospect Generator and enter into agree ments to acquire interests in additional mineral
properties and attract joint venture partners for the exploration and development of same, operating and technical
difficulties in connection with m ineral exploration and develop ment and mine development activities at the
Company's mineral properties, the fact that the Company's inter ests in its mineral properties are only options and
there is no guarantee that the i nterests, if earned, will be ce rtain, requirements for additional capital, future prices
of precious metals, copper‐gold and lithium, changes in general economic conditions, changes in the financial
markets and in the demand and market price for commodities, oth er risks of the mining industry, the inability to
obtain any necessary governmental and regulatory approvals (inc luding final TSXV approval of Financing), changes
in laws, regulations and policies affecting mining operations, risks related to joint venture operations, risks related
to the integration of acquisitions, hedging practices and currency fluctuations, as well as those factors discussed
under the heading "Risks and Uncertainties" in the Company's mo st recent management's discussion and analysis
and other filings of the Company with the Canadian Securities A uthorities, copies of which can be found under the
Company's profile on the SEDAR website at www.sedar.com.
Readers are cautioned not to place undue reliance on forward‐looking statements. Except as otherwise required by
law, the Company undertakes no obligation to update any of the forward‐looking information in this news release or
incorporated by reference herein.
‐30‐