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Latin Metals Further Strengthens Team with Advisory Appointment

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Latin Metals (TSXV: LMS) (OTCQB: LMSQF) has appointed Terri Anne Welyki as an advisor focusing on capital markets and marketing. Welyki brings over 15 years of experience in capital markets, with expertise in financing, permitting, and stakeholder management across North and South American mining projects. The company has also granted 300,000 stock options to directors, officers, and consultants at $0.12 per share for a 36-month period, bringing total options to 6.56% of outstanding shares. Latin Metals operates as a Prospect Generator, acquiring and evaluating South American exploration properties to secure joint venture partners for advanced exploration.

Latin Metals (TSXV: LMS) (OTCQB: LMSQF) ha nominato Terri Anne Welyki come consulente con un focus sui mercati di capitale e sul marketing. Welyki porta con sé oltre 15 anni di esperienza nei mercati di capitale, con competenze in finanziamenti, permessi e gestione degli stakeholder in progetti minerari in Nord e Sud America. La società ha anche concesso 300.000 opzioni su azioni a direttori, funzionari e consulenti a $0,12 per azione per un periodo di 36 mesi, portando il totale delle opzioni al 6,56% delle azioni in circolazione. Latin Metals opera come un Generatore di Prospezioni, acquisendo e valutando proprietà di esplorazione in Sud America per garantire partner per joint venture per esplorazioni avanzate.

Latin Metals (TSXV: LMS) (OTCQB: LMSQF) ha nombrado a Terri Anne Welyki como asesora enfocada en los mercados de capital y en marketing. Welyki aporta más de 15 años de experiencia en mercados de capital, con experiencia en financiamiento, permisos y gestión de partes interesadas en proyectos mineros en América del Norte y del Sur. La empresa también ha otorgado 300,000 opciones sobre acciones a directores, funcionarios y consultores a $0.12 por acción por un período de 36 meses, llevando el total de opciones al 6.56% de las acciones en circulación. Latin Metals opera como un Generador de Prospecciones, adquiriendo y evaluando propiedades de exploración en América del Sur para asegurar socios en joint ventures para exploraciones avanzadas.

라틴 메탈스 (TSXV: LMS) (OTCQB: LMSQF)가 자본 시장 및 마케팅에 중점을 둔 고문으로 테리 앤 웨리키를 임명했습니다. 웨리키는 15년 이상의 자본 시장 경험을 보유하고 있으며, 북미 및 남미의 광산 프로젝트에서 자금 조달, 허가 및 이해관계자 관리에 대한 전문성을 가지고 있습니다. 회사는 또한 이사, 임원 및 컨설턴트에게 300,000주에 대한 스톡 옵션을 주당 $0.12로 36개월 동안 부여했으며, 총 옵션 수는 발행 주식의 6.56%에 해당합니다. 라틴 메탈스는 탐사 자산을 인수 및 평가하여 고급 탐사를 위한 공동 투자 파트너를 확보하는 탐사 생성기(Prospect Generator)로 운영됩니다.

Latin Metals (TSXV: LMS) (OTCQB: LMSQF) a nommé Terri Anne Welyki en tant que conseillère spécialisée dans les marchés des capitaux et le marketing. Welyki apporte plus de 15 ans d'expérience dans les marchés des capitaux, avec une expertise en financement, en autorisations et en gestion des parties prenantes dans des projets miniers en Amérique du Nord et du Sud. La société a également accordé 300 000 options d'achat d'actions à des directeurs, des dirigeants et des consultants au prix de 0,12 $ par action pour une période de 36 mois, ce qui porte le total des options à 6,56 % des actions émises. Latin Metals fonctionne comme un Générateur de Prospection, en acquérant et en évaluant des propriétés d'exploration en Amérique du Sud pour assurer des partenaires de coentreprise pour des explorations avancées.

Latin Metals (TSXV: LMS) (OTCQB: LMSQF) hat Terri Anne Welyki als Beraterin ernannt, die sich auf Kapitalmärkte und Marketing konzentriert. Welyki bringt über 15 Jahre Erfahrung in Kapitalmärkten mit und hat Expertise in Finanzierung, Genehmigungen und Stakeholder-Management in nord- und südamerikanischen Bergbauprojekten. Das Unternehmen hat auch 300.000 Aktienoptionen an Direktoren, Führungskräfte und Berater zu je 0,12 $ pro Aktie für einen Zeitraum von 36 Monaten gewährt, was die Gesamtzahl der Optionen auf 6,56 % der ausgegebenen Aktien bringt. Latin Metals agiert als Prospect Generator und erwirbt sowie bewertet Explorationsprojekte in Südamerika, um Joint-Venture-Partner für fortgeschrittene Erkundungen zu gewinnen.

Positive
  • Strategic appointment of experienced capital markets professional to strengthen marketing capabilities
  • Company maintains conservative option issuance at 6.56% of outstanding shares
Negative
  • Additional stock option issuance may lead to potential dilution

VANCOUVER, British Columbia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS) (OTCQB: LMSQF), is pleased to announce the appointment of Terri Anne Welyki as an advisor to the Company, with a focus on capital markets and marketing.

“I’m excited and honored to join the team at Latin Metals. The company has built an impressive portfolio of projects and has assembled a team of top-tier technical talent, which helps make this story a dream to communicate. Latin Metals is well-positioned to evolve from a project generator to a royalty company in the coming years, a rare and exciting opportunity. I am thrilled to contribute to expanding the investor base and finding innovative ways to communicate this exciting opportunity to a broader audience.”

Terri Anne Welyki

Ms. Welyki is a seasoned professional with over 15 years of extensive experience in the capital markets, specializing in public and private mining companies such as Calico Resources, EMC Green Group S.A., and Barksdale Resources. Her expertise encompasses a wide range of skills in financing, permitting, stakeholder management, and marketing within the mining industry. With a proven track record of successful projects across North and South America, she is well-equipped to navigate the complexities of securing funding and marketing projects in a competitive market.

Incentive Stock Options

The Company announces that it has granted 300,000 common 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 $0.12 per share for a period of 36 months from the grant date. Including this issuance, the Company has now set Options representing 6.56% 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.  

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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+ at www.sedarplus.com.

For further information, please contact:

Keith Henderson

Suite 890 - 999 West Hastings Street,
Vancouver, BC, V6C 2W2

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 anticipated content, commencement, timing and cost of exploration programs in respect of the Property and otherwise, anticipated exploration program results from exploration activities, and the Company's expectation that it will be able to enter into agreements to acquire interests in additional mineral properties, the discovery and delineation of mineral deposits/resources/reserves on the Properties, and the 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 expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as "pro forma", "plans", "expects", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, 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 has applied several material assumptions, including without limitation, market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the Company’s Argentine and Peruvian projects in a timely manner, the availability of financing on suitable terms for the development, construction and continued operation of the Company projects, and the Company’s ability to comply with environmental, health and safety laws.

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 information. Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development and mine development activities at the Properties, including the geological mapping, prospecting and sampling programs being proposed for the Properties (the "Programs"), actual results of exploration activities, including the Programs, estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, costs of production, capital expenditures, the costs and timing of the development of new deposits, the availability of a sufficient supply of water and other materials, requirements for additional capital, future prices of precious metals and copper, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays or the inability of the Company to obtain any necessary permits, consents or authorizations required, any current or future property acquisitions, financing or other planned activities, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities, risks related to joint venture operations, and risks related to the integration of acquisitions, as well as those factors discussed under the heading as well as those factors discussed under the heading “Risk Factors” in the Company’s annual management’s discussion and analysis and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company’s profile on the SEDAR+ website at www.sedarplus.ca.

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.


FAQ

What is the exercise price and duration of Latin Metals' (LMSQF) newly granted stock options?

The stock options were granted at an exercise price of $0.12 per share for a period of 36 months from the grant date.

Who did Latin Metals (LMSQF) appoint as advisor in October 2024?

Latin Metals appointed Terri Anne Welyki as an advisor focusing on capital markets and marketing.

What percentage of Latin Metals' (LMSQF) outstanding shares are now represented by options?

After the latest option grant, Latin Metals' total options represent 6.56% of the issued and outstanding stock.

LATIN METALS INC

OTC:LMSQF

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