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Western Metallica Resources Corp (2)
Symbol WMS
Shares Issued 8,436,199
Close 2026-05-15 C$ 0.045
Market Cap C$ 379,629
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Western Metallica corrects May 14 NR

2026-05-15 19:00 ET - News Release

Mr. Gregory Duras reports

CORRECTION TO WESTERN METALLICA RESOURCES CORP. PRESS RELEASE REGARDING CONSOLIDATION

Western Metallica Resources Corp. has provided correction to its press release titled "Western Metallica Announces Consolidation and Shares-for-Debt Transaction" issued on May 14, 2026.

The initial press release incorrectly stated the proposed consolidation ratio of the company's common shares. The correct consolidation ratio is one postconsolidation common share for every three preconsolidation common shares. In addition, the initial press release incorrectly stated that Greg Duras had advanced an aggregate of $350,010 in cash under a loan agreement dated Jan. 24, 2025. The correct aggregate amount advanced by Mr. Duras under such loan agreement is $290,010.

This press release should be read in conjunction with the initial press release. The corrections described in this press release do not change any other information reported in the initial press release.

About Western Metallica Resources Corp.

Western Metallica is a British Columbia company with its head office in Toronto, Ont. Western Metallica is in the business of mineral resource exploration and development, its principal asset is its 100-per-cent-owned Penedela gold property in the Navelgas gold belt in Asturias, Spain. Western Metallica also has an interest in two other Spanish gold projects in the Navelgas gold belt in Asturias (Valledor and Sierra Alta) and one project located in Andalucia (Nueva Celti).

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