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SAG.V ·

Latin American Minerals Announces Extension to Work Commitment ON the Butt Township Property

Corporate Updates

LATIN AMERICAN MINERALS ANNOUNCES EXTENSION TO WORK COMMITMENT ON THE BUTT TOWNSHIP

PROPERTY

November 11 , 2019 – Toronto, Ontario – Latin American Minerals Inc. (TSXV: LAT) (“LAT” or the

“Company”) is pleased to announce that pursuant to the earn-in terms in the agreement between Griftco

Corporation (“the Vendors”) and the Company (see press r elease dated August 24, 201 8“the

Agreement”), the Company has agreed to an extension with the Vendors to extend the term of the first

spending obligation to two years from one. In accordance with the Agreement, the Company has issued

the Vendors an additional 2,500,000 shares and $25,000 in cash

About the Company

Latin American Minerals Inc. is a mineral exploration and gold mining com pany which holds mineral

exploration projects in Ontario, Canada. The Company’s Butt Township Property consist s of 1, 621

hectares in Butt Township, District of Nipissing, Ontario.

For more information, please contact:

Mathew Wilson, Mfin, CFA

President and CEO

Tel: 1-416-643-7630

E-mail: [email protected]

Website: www.latinamericanminerals.com

The Company’s public documents may be accessed at www.sedar.com. For further information, please

visit our website at www.latinamericanmineral s.com or email us

[email protected].

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the

adequacy or accuracy of this release.

This news release contains certain “forward -looking in formation” within the meaning of applicable

securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”,

“project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed”

and other similar words, or statements that certain events or conditions “may” or “will” occur. These

statements are only predictions. Forward-looking information is based on the opinions and estimates of

management at the date the information is provided, and is subject to a variety of risks and uncertainties

and other factors that could cause actual events or results to differ materially from those projected in the

forward-looking information. For a description of the risks and uncertainties facing the C ompany and its

business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The

Company undertakes no obligation to update forward -looking information if circumstances or

management’s estimates or opinions should change, unless required by law. The reader is cautioned not

to place undue reliance on forward-looking information.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to

comply with this restriction may constitute a violation of U.S. Securities laws.