Mr. Keith Henderson reports

LATIN METALS ANNOUNCES CLOSING OF OVERSUBSCRIBED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF $1.33 MILLION

Latin Metals Inc. has closed its previously announced non-brokered private placement for aggregate gross proceeds of $1,330,499.94, through the issuance of 12,095,454 units at a subscription price of 11 cents per unit. Each unit consists of one common share in the capital of Latin Metals and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one share at a price of 20 cents per share for a period of 36 months from the closing of the financing. If the volume-weighted average price of the company's shares is greater than or equal to 30 cents for 15 consecutive trading days, the company may accelerate the expiry date of the warrants by providing written notice to the holder, in which case the warrants will expire 30 days from the date of such notice.

In connection with the closing of the financing, the company paid finders' fees on a portion of the financing to Leede Financial Inc. consisting of a $37,870 cash commission and 344,272 finders' warrants, and to Haywood Financial Inc. consisting of a $3,850 cash commission and 35,000 finders' warrants. Each finder's warrant entitles the holder thereof to purchase one share at a price of 11 cents per share for a period of 12 months from the closing of the financing. All securities issued by the company pursuant to the financing are subject to a hold period of four months and one day in Canada.

The proceeds of the financing are intended to finance exploration, generative work and for general working capital. The closing of the financing is subject to receipt of TSX Venture Exchange final approval.

About Latin Metals Inc.

Latin Metals is a copper, gold and silver exploration company operating in Peru and Argentina under a prospect generator model, minimizing risk and dilution while maximizing discovery potential. With 18 projects, the company secures option agreements with major mining companies to finance exploration. Current option holders include AngloGold Ashanti (Organullo gold project) and Moxico Resources (Esperanza and Huachi copper-gold projects). This approach provides early stage exposure to high-value mineral assets. Latin Metals is actively seeking new strategic partners to advance its portfolio.

We seek Safe Harbor.