Latin Metals Announces Anticipated Closing Date for Spin-Out of Para and Auquis Copper Projects

Core Viewpoint - Latin Metals Inc. is set to complete a spin-out transaction of its Para Copper Project and Auquis Copper Project into a new entity, Latin Explore Inc., with the arrangement expected to close on February 18, 2026, allowing shareholders to receive new shares in both companies [1][4]. Group 1: Spin-Out Transaction Details - The spin-out transaction will allow Latin Metals shareholders to receive one new common share of Latin Metals and approximately 0.07904222 shares of Latin Explore for each share held [1][6]. - Registered shareholders must complete and submit a letter of transmittal along with their shares to Computershare Investor Services Inc. to receive the new shares [2]. - Non-registered shareholders should contact their intermediaries for assistance in the share deposit process [3]. Group 2: Regulatory and Compliance Information - The closing of the arrangement is subject to the satisfaction of conditions, including approval from the TSX Venture Exchange [4]. - The securities issued in the arrangement will not be registered under the U.S. Securities Act and may not be sold in the U.S. without proper registration or exemption [5]. Group 3: Company Overview - Latin Metals Inc. operates as a copper, gold, and silver exploration company in Peru and Argentina, utilizing a prospect generator model to minimize risk and maximize discovery potential [7]. - The company is actively seeking strategic partners to advance its exploration portfolio [7]. Group 4: Upcoming Events - Latin Metals will participate in several industry conferences in Q1 2026, providing opportunities to connect with investors and industry leaders while showcasing its exploration progress [10].