Mr. Rodney Campbell reports

LATAM LITHIUM ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING AND SHARE CONSOLIDATION

The upcoming annual general and special meeting of the shareholders of Latam Lithium Corp. will be held on Oct. 22, 2026.

The notice of meeting and management information circular will be available to shareholders on the company's website and under the company's profile on SEDAR+ on Sept. 29, 2026. The circular and related meeting materials will be mailed to shareholders by Sept. 23, 2026.

Shareholders meeting and voting information

Shareholders of record on Sept. 3, 2026, are eligible to vote at the meeting. The meeting will be held on Oct. 22, 2026, at 9 a.m. PDT, in the company's office located at Suite 520, 470 Granville St., Vancouver, B.C., V6C 1V5.

The circular includes additional details regarding the meeting and related voting procedures.

Share consolidation

As part of the above-mentioned meeting, the company intends to seek shareholder approval to undertake a one-for-three share consolidation whereby three common shares of the company shall be exchanged for one postconsolidation common share of the company. The company currently has approximately 35,344,009 common shares issued and outstanding, and would have approximately 11,781,336 postconsolidation shares. All outstanding warrants (approximately 3,152,500) and incentive stock options (approximately 427,500) would be consolidated on the same basis pursuant to the certificates evidencing such warrants and options.

Latam Lithium's board of directors anticipates that the share consolidation will provide the company with greater flexibility to secure less-dilutive financing and to advance both its current exploration strategy and project portfolio. The company's articles authorize the share consolidation pursuant to shareholder approval and the board has approved the consolidation. The company's name and stock symbol will remain unchanged.

Upon shareholder approval, completion of the consolidation and TSX Venture Exchange approval, a letter of transmittal will be mailed to shareholders holding physical certificates by the company's transfer agent (TSX Trust Company), advising that the consolidation has taken effect and shareholders should surrender their existing (preconsolidation) common share certificates for new (postconsolidation) common share certificates. No fractional common shares of the company shall be issued in connection with the consolidation and the number of common shares to be received by a shareholder shall be rounded down to the nearest whole number.

About Latam Lithium Corp.

Latam Lithium is a Vancouver, Canada-based company focused on exploring and developing lithium mineral resource projects in the Americas. The company also holds a 100-per-cent interest in the drill-ready 5,363-hectare South of Otter gold project, located in Red Lake (Ontario, Canada), and approximately eight kilometres from the Great Bear project owned by Kinross Gold Corp.

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