Latin Metals Reports AGM Results

Rhea-AI Summary

Latin Metals Inc. (TSXV: LMS, OTCQB: LMSQF) announced the results of its annual general meeting held on August 4, 2022, in Vancouver. A total of 40,815,693 shares, representing 70.75% of outstanding shares, were voted. All proposed motions were approved, including the number of directors at five, with a remarkable 99.98% approval for this motion. Individual directors received over 99% of votes in favor. The appointment of auditors and the stock option plan were also ratified with strong support, reflecting shareholder confidence. The Company continues to engage with shareholders positively.

Positive

• All motions at the annual general meeting were approved.
• A total of 40,815,693 shares were voted, representing 70.75% of outstanding shares.
• The number of directors was set at five with 99.98% approval.
• Individual directors received over 99% of votes in favor.
• Appointment of auditors received 100% approval.
• Ratification of the stock option plan garnered strong support with 99.93% approval.

Negative

• None.

VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- 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 August 4, 2022, in Vancouver, British Columbia. All the motions presented to the shareholders were approved.

Votes representing 40,815,693 shares were cast, representing 70.75% of the issued and outstanding shares at the record date. A summary of the Meeting results is outlined below:

Motion	Votes for the Motion	Percentage of Votes in Favour
Number of Directors	40,808,943	99.98%
David Cass	40,790,006	99.94%
Keith Henderson	40,790,006	99.94%
Ryan King	40,790,006	99.94%
Robert Kopple	40,790,006	100%
Appointment of Auditor	40,813,943	100%
Ratification and Approval of Stock Option Plan	40,785,295	99.93%

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.sedar.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.

FAQ

What were the results of the annual general meeting for Latin Metals Inc. on August 4, 2022?

The annual general meeting on August 4, 2022, saw all proposed motions approved with strong shareholder support, including 99.98% for the number of directors.

How many shares were voted at Latin Metals Inc.'s annual general meeting?

A total of 40,815,693 shares were voted, which is 70.75% of the issued and outstanding shares.

What was the approval percentage for the appointment of auditors at Latin Metals Inc.?

The appointment of auditors received 100% approval from shareholders.

What percentage of votes supported the ratification of the stock option plan at Latin Metals Inc.?

The ratification of the stock option plan garnered 99.93% approval from shareholders.

Who is the President and CEO of Latin Metals Inc.?

Keith Henderson is the President and CEO of Latin Metals Inc.