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Latin Metals Reports AGM Results Appoints New Independent Director and Grants Incentive Stock Options

Management Changes Share Capital & Compensation Shareholder Meetings

Latin Metals Reports AGM Results

Appoints New Independent Director and

Grants Incentive Stock Options

NR24-06 July 11, 2024

Vancouver, B.C. – Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS)

(OTCQB: LMSQF) reports the results of its annual general meeting (the “ Meeting”) of

shareholders held on July 10, 2024, in Vancouver, British Columbia. All the motions presented to

the shareholders were approved.

Votes representing 48,668,109 shares were cast, representing 59.73% of the issued and

outstanding shares at the record date. A summary of the voting results is outlined below:

Motion Votes for the

Motion

Percentage of

Votes in Favour

Number of Directors 48,668,109 100%

David Cass 48,667,422 100%

Keith Henderson 48,667,422 100%

Robert Kopple 48,667,422 100%

Appointment of Auditor 48,668,109 100%

Ratification and Approval of Stock Option Plan 48,661,684 99.99%

Appointment of Felicia de la Paz as an Independent Director

The Company welcomes Ms. Felicia de la Paz (CPA, CA) to its Board of Directors (the “Board”) as

an independent director and Chair of the Audit Committee.

Ms. de la Paz is a Chartered Professional Accountant with 15 years of experience in accounting

and financial reporting in the natural resources sector. She currently serves as Chief Financial

Officer of FPX Nickel Corp. (TSXV: FPX). Previously, Ms. de la Paz spent six years with Equinox

Gold Corp., where she was responsible for corporate accounting, financial reporting, systems

development and managing the integration of several acquisitions across multiple jurisdictions

for operating and large-scale development projects. Following her time at Equinox Gold, Ms. de

la Paz served as VP Finance for Vida Carbon, a start-up carbon royalty and streaming company.

Ms. de la Paz holds a Bachelor of Commerce from the University of British Columbia and

previously articled with KPMG LLP in Vancouver, British Columbia.

NR24-06 Continued 2 July 11, 2024

Retirement of Director from the Board

Mr. Ryan King, an independent director, did not stand for re-election to the Board, effective July

10, 2024. The Board would like to thank Ryan for his significant contribution to the Board over

the last 5 years and wish him every success with his other ventures.

Incentive Stock Options

The Company announces that it has granted 950,000common share stock options (each, an

"Option") to certain directors, officers, and consultants of the Company. The Options entitle the

holder to purchase shares at a price of $0.10 per share for a period of 36 months from the grant

date. Including this issuance, the Company has now set Options representing 8.5% of the issued

and outstanding stock.

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 focusing on the acquisition

of prospective exploration properties at minimum cost, completing initial evaluation through

cost-effective exploration to establish drill targets, and ultimately securing joint-venture partners

to fund drilling and advanced exploration. Shareholders gain exposure to the upside of a

significant discovery without the dilution associated with funding the highest-risk drill-based

exploration. For more information, please get in touch with Latin Metals Investor Relations at

604-638-3456 or via email at [email protected].

Stay up-to-date on Latin Metals developments by joining our online communities on X, Facebook,

LinkedIn and Instagram.

On Behalf of the Board of Directors of

LATIN METALS INC.

“Keith Henderson”

President & CEO

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+.

For further information, please contact:

Keith Henderson

Suite 890 - 999 West Hastings Street

Vancouver, BC, V6C 2W2

Phone: 604-638-3456

E-mail: [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

news release.