Dr. Donovan Pienaar reports

LATIN EXPLORE ANNOUNCES PRIVATE PLACEMENT FOR GROSS PROCEEDS UP TO $2.0 MILLION

Latin Explore Inc. has arranged a non-brokered private placement of up to 10 million units for a subscription price of 20 cents per unit, to raise total gross proceeds of up to $2.0-million. Each unit will consist of one common share in the capital of Latin Explore and one-half of one common share purchase warrant, each entitling the holder thereof to purchase one share at a price of 30 cents per share for a period of 24 months from the closing of the financing.

The proceeds of the financing are intended to finance exploration and generative work, and for general working capital.

"With our phase 1 drill program at Para fully funded and approaching, Latin Explore is entering what we believe could be a defining period for the company," commented Dr. Donovan Pienaar, president and chief executive officer. "My review of the portfolio since becoming CEO has reinforced my confidence in the exploration potential of our assets, particularly at Auquis. I believe we have two compelling copper opportunities with substantial exploration upside and we are focused on positioning the company to realize that potential. This financing strengthens our ability to pursue opportunities across the portfolio and create long-term shareholder value."

The company may pay finders' fees on all or a portion of the financing, consisting of a cash commission equal to up to 7 per cent of the total gross proceeds raised and finders' warrants equal to up to 7 per cent of the total number of units issued, where each finder's warrant will entitle the holder thereof to purchase one share at a price of 30 cents per share for a period of 12 months from the closing of the financing.

All securities issued in connection with the financing will be subject to a hold period of four months and one day in Canada. The financing is subject to the receipt of all necessary approvals, including acceptance for filing of the financing by the TSX Venture Exchange and any applicable securities regulatory authorities. Any participation by directors or officers in the financing is considered a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The related party transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the securities to be issued under the financing nor the consideration to be paid by the directors and officers will exceed 25 per cent of the company's market capitalization.

Correction to June 29, 2026, news release

The company wishes to correct its news release dated June 29, 2026, regarding the grant of 100,000 stock options. The news release incorrectly stated that the options were granted to certain directors, officers and consultants of the company. The options were granted solely to a consultant of the company. All other terms of the option grant remain unchanged.

About Latin Explore Inc.

Latin Explore is a copper-focused exploration company advancing a portfolio of 100-per-cent-owned projects in Peru. The company's strategy is to create shareholder value through the discovery and advancement of large-scale copper systems while pursuing additional acquisition opportunities throughout South America. Latin Explore's flagship Para project is an undrilled copper-molybdenum porphyry target, located within Peru's Coastal copper belt, and is being advanced toward its maiden drill program.

We seek Safe Harbor.