Western Metallica Announces Director Resignation and Provides Corporate Update

Western Metallica Announces Director Resignation and Provides Corporate

Update

TORONTO--(BUSINESS WIRE)--July 28, 2025--Western Metallica Resources Corp. (TSXV:

WMS) (“Western Metallica” or the “Company”) announces that Ms. Brigitte Berneche has

resigned from the Board of Directors. The Company would like to thank Brigitte for her

contributions.

With regards to corporate activities, the Company has been working with its creditors in Peru

through its local subsidiary, Green Rock Copper S.A.C., to agree to appropriate settlement terms

for outstanding debts primarily related to the drill program completed in February 2025. The

disappointing drill results from this program were the primary reason for ceasing exploration

activities in Peru as the Company was no longer able to finance additional exploration work.

In addition, in connection with the company’s ongoing efforts to address its outstanding

liabilities at the corporate level, it has made the following modifications to the debt held by its

CEO, Greg Duras. The Borrower and the Lender may negotiate repayment of the Loan via the

transfer of securities or other investment products but any arrangement for repayment other than

cash remains subject to all applicable regulatory rules, including without limitation, the rules of

the TSX Venture Exchange and provided that in no event shall any repayment result in the

Lender acquiring more than 19.9% of the Borrower. The Lender may also assign or transfer all

or any part of its rights and obligations under the loan agreement.

The Company will provide a further update on planned activities in due course.

About Western Metallica Resources Corp.

Western Metallica is an Ontario registered company with its head office in Toronto, Ontario,

trading on the TSXV under symbol WMS. Western Metallica is in the business of mineral

resource exploration. Its project interests include its 100% owned Nueva Celti Copper Property

in Andalusia, Spain, and three other gold projects located in the “Navelgas Gold Belt” in

Asturias, Spain (Penedela, Valledor and Sierra Alta). Further information can be found at:

www.westernmetallicacorp.com

Cautionary Notes

The TSXV has neither approved nor disapproved the contents of this press release. Neither the

TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)

accepts responsibility for the adequacy or accuracy of this press release.

Some of the statements contained in this news release are forward-looking statements and

information within the meaning of applicable securities laws. Forward-looking statements and

information can be identified by the use of words such as "plans", "expects", "intends", "is

expected", "potential", "suggests" or variations of such words or phrases, or statements that

certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken,

occur or be achieved. Forward-looking statements and information are not historical facts and

are subject to a number of risks and uncertainties beyond the company’s control. Actual results

and developments are likely to differ, and may differ materially, from those expressed or implied

by the forward-looking statements contained in this news release. Accordingly, readers should

not place undue reliance on forward-looking statements. The Company undertakes no obligation

to update publicly or otherwise revise any forward-looking statements, except as may be

required by law.

Contacts

Western Metallica Resources Corp.

Gregory Duras

Chief Executive Officer

+1 416 576-3136

Email: [email protected]