00:24:58 EDT Tue 01 Sep 2026
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Latin Metals Inc
Symbol LMS
Shares Issued 138,965,650
Close 2026-08-31 C$ 0.26
Market Cap C$ 36,131,069
Recent Sedar+ Documents

Latin Metals signs services agreement with Geomorphic

2026-08-31 19:14 ET - News Release

Mr. Keith Henderson reports

LATIN METALS PARTNERS WITH GEOMORPHIC AI TO ACCELERATE NEW PROJECT GENERATION IN ARGENTINA

Latin Metals Inc. has entered into a services, data use and royalty agreement with Geomorphic AI Corp., a private North American AI-driven (artificial intelligence) minerals prospect generator with a proprietary geoscience platform. Under the agreement, Geomorphic will apply its artificial intelligence and geoscience platform to Latin Metals' extensive proprietary exploration database in Argentina to identify, evaluate and rank new mineral exploration opportunities for potential acquisition.

Highlights:

  • Leveraging a proprietary exploration database: Over the past 25 years, Latin Metals, together with predecessor companies, has assembled extensive exploration data throughout Argentina.
  • Generating new projects: Geomorphic will use its purpose-built AI-driven geoscience platform to systematically identify, evaluate and rank new mineral exploration opportunities for potential addition to Latin Metals' portfolio.
  • Feeding the pipeline: Upon receiving the ranked exploration targets, Latin Metals will evaluate the highest-priority opportunities and, where warranted, secure the associated mineral rights and advance them as new projects.
  • Increased investment: The ultimate goal is to place more projects with high-quality partners and increase the overall level of partner-financed investment across Latin Metals' Argentine project portfolio.

Keith Henderson, Latin Metals' chief executive officer, stated:

"As Latin Metals continues to secure partners and attract investment for its existing projects in Peru and Argentina, replenishing and expanding the company's project pipeline is becoming an increasingly important priority. Latin Metals has built a proprietary exploration database based on extensive historical work completed throughout Argentina. The challenge is that fully assessing this large data set, generating exploration targets and systematically ranking those targets using conventional methods could take years. Geomorphic's platform provides an opportunity to dramatically accelerate this process. By applying artificial intelligence to our existing database, we can reduce the time required to identify and rank prospective targets to a fraction of what would otherwise be required. This allows Latin Metals to move more quickly from data analysis to the acquisition of the highest-priority opportunities."

Mr. Henderson continued:

"The value proposition therefore extends well beyond simply adopting artificial intelligence. It is about saving time, accelerating decision-making, and fast-tracking the extraction of value from a proprietary data set that Latin Metals has already invested considerable time and capital to build. As new projects are acquired from the ranked target pipeline, we aim to substantially increase our ability to attract high-quality exploration partners and additional investment dollars."

Commercial terms

If Latin Metals or an affiliate acquires mineral rights within or adjacent to a target area identified by Geomorphic during the applicable five-year royalty qualification period, Geomorphic will receive a perpetual NSR (net smelter return) royalty equal to 0.5 per cent of the net smelter returns attributable to Latin Metals' or its affiliate's interest in the acquired property. The agreement applies the royalty only to the applicable attributable interest, rather than to interests held by unrelated third parties.

Latin Metals maintains sole discretion over whether to investigate, stake, acquire, finance, develop or otherwise pursue any target area. If Latin Metals elects not to pursue a target area or a target area otherwise becomes a released target area under the agreement, Geomorphic may pursue mineral rights within that area, and, upon Geomorphic or an affiliate acquiring an interest in such mineral rights, Latin Metals will receive a reciprocal perpetual NSR royalty equal to 0.5 per cent of the net smelter returns attributable to Geomorphic's or its affiliates' interest in the applicable property.

Geomorphic will receive a $5,000 (U.S.) success fee in respect of each target area in which Latin Metals acquires qualifying mineral rights, and Latin Metals will receive a reciprocal $5,000 (U.S.) success fee in respect of each released target area in which Geomorphic acquires mineral rights, in each case up to an aggregate of $50,000 (U.S.). Mineral rights currently held or agreed to be acquired by Latin Metals or its affiliates, or in respect of which Latin Metals or an affiliate is actively engaged in bona fide negotiations to acquire an interest, are excluded from the agreement. Latin Metals retains ownership of its exploration database. The initial term of the agreement will be 12 months (subject to extension if agreed).

About Geomorphic AI Corp.

Geomorphic AI is a private North American AI-driven minerals prospect generator with a proprietary geoscience platform. Geomorphic deploys purpose-built artificial intelligence tools across geology, geochemistry, geophysics, data capture, geological modelling, permit screening and mineral prospect evaluation. Its technology is used to support project origination, target identification and ranking, exploration analysis, and technical evaluation.

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. The company generates and advances exploration projects before securing well-financed partners to undertake significant exploration expenditures.

This approach provides shareholders with exposure to multiple exploration and discovery opportunities while limiting the capital required to advance individual projects. Latin Metals is actively generating new opportunities and seeking strategic partners to advance its portfolio.

Qualified person (QP)

Eduardo Leon, QP, is the company's qualified person as defined by National Instrument 43-101, and has reviewed the scientific and technical information that forms the basis for portions of this news release. He has approved the disclosure herein. Mr. Leon is not independent of the company, as he is an officer of the company and holds securities of the company.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.