Mr. Rodney Campbell reports

LATAM LITHIUM ANNOUNCES UPSIZING OF PRIVATE PLACEMENT

Latam Lithium Corp., further to its news releases of May 19, 2026, has increased its non-brokered private placement financing from $800,000 to $875,000 due to strong investor demand.

The financing is structured as a five-cent-per-unit financing, with each unit including one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the company at a price of 6.5 cents per share, valid for two years from the date of closing.

Financing proceeds are to be allocated for working capital and general corporate activities. There are no proposed payments to non-arm's-length parties. Closing will be subject to TSX Venture Exchange approval and any shares issued will be subject to a hold period equal to four months and a day.

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 two gold exploration projects located within Northwestern Ontario, Canada, including the drill-ready South of Otter gold project, located in Red Lake, and the Gold Creek gold project, located in Thunder Bay, which has been optioned to Delta Resources Ltd.

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