01:49:47 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Plata Latina Minerals Corp
Symbol PLA
Shares Issued 79,034,671
Close 2025-10-16 C$ 0.16
Market Cap C$ 12,645,547
Recent Sedar+ Documents

Plata Latina shareholders approve Zonia acquisition

2025-10-16 21:11 ET - News Release

Ms. Patricia Fong reports

PLATA LATINA ANNOUNCES SHAREHOLDER APPROVAL FOR THE ACQUISITION OF THE ZONIA PROJECT AND CONCURRENT FINANCING

Plata Latina Minerals Corp. shareholders approved the resolutions put forth at the special meeting of shareholders held on Oct. 16, 2023, in relation to the previously announced transaction between Plata Latina and World Copper Ltd., pursuant to which Plata Latina will acquire the Zonia copper project in Arizona from World Copper.

In addition, shareholders of World Copper approved the transaction at the special meeting of World Copper shareholders held on Oct. 16, 2025.

At the Plata Latina meeting:

  1. The ordinary resolution approving the non-brokered private placement of up to 200 million units, each consisting of one common share of Plata Latina and one-half of one warrant to acquire one Plata Latina share, at a subscription price of 10 cents per unit, including the issuance of a maximum of 85 million units to current insiders of the company and their joint actors, was approved by 99.76 per cent of the votes cast by shareholders at the Plata Latina meeting and 99.49 per cent of the votes cast by shareholders at the Plata Latina meeting, excluding those required to be excluded under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions.
  2. The ordinary resolution approving the issuance of options to purchase Plata Latina shares to the holders of certain specified World Copper options in exchange for such options pursuant to the transaction was approved by 99.76 per cent of the votes cast by shareholders at the Plata Latina meeting and 99.76 per cent of the votes cast by shareholders at the Plata Latina meeting, excluding those required to be excluded by the rules and policies of the TSX Venture Exchange.
  3. The special resolution approving the change in Plata Latina's corporate name to Edge Copper Corp. or such other name as the board of directors of Plata Latina may in its sole discretion determine, subject to regulatory approval, was approved by 100.00 per cent of the votes cast by shareholders at the Plata Latina meeting
  4. The special resolution approving the consolidation of all of the issued and outstanding Plata Latina shares on the basis of one postconsolidation Plata Latina share for up to three preconsolidation Plata Latina shares, with any fractional Plata Latina share resulting from the consolidation rounded down to the nearest whole number, was approved by 99.21 per cent of the votes cast by shareholders at the Plata Latina meeting.

Transaction update

Assuming all remaining conditions set out in the arrangement agreement between Plata Latina and World Copper dated July 22, 2025, are either satisfied or waived, including receipt of court approval and the approval of the TSX Venture Exchange, Plata Latina expects that the closing date of the transaction and the concurrent financing will occur in late October, 2025.

The name change and the share consolidation are also subject to the approval of the TSX Venture Exchange, however, closing of the transaction and the concurrent financing is not conditional on the completion of the name change or the share consolidation. Plata Latina anticipates implementing the name change and the share consolidation immediately following closing of the transaction and the concurrent financing.

Complete details on the transaction, concurrent financing, replacement option issuance, name change and share consolidation are included in the joint management information circular of Plata Latina and World Copper dated Sept. 12, 2025, filed on the company's SEDAR+ profile.

About Plata Latina Minerals Corp.

Plata Latina is a growth-focused company that explores strategic opportunities within the mining industry. Led by a highly experienced team with a proven record in identifying, optimizing and growing businesses, Plata Latina aims to create long-term value through acquisitions, partnerships and other strategic transactions. With a strong cash balance and a 2-per-cent net smelter return (NSR) royalty, Plata Latina is actively evaluating opportunities.

We seek Safe Harbor.

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