Plata Latina Announces Completion of Sale of Naranjillo NSR to Fresnillo

Vancouver, British Columbia--(Newsfile Corp. - April 11, 2025) - Plata Latina Minerals Corporation (TSXV: PLA) ("Plata Latina" or the "Company") has completed the sale of the 3% net smelter return ("NSR") on the Naranjillo property for a total of US$6,000,000 (the "Transaction") to a wholly-owned subsidiary of Fresnillo plc ("Fresnillo"). (Previously announced on February 27, 2025 - "Plata Latina Announces Fresnillo to Purchase Naranjillo NSR for $8,610,000").

The Company retains a 2% NSR with Fortuna Mining Corp. on the La Joya project, which is located in the state of Hildago, Mexico.

About Plata Latina Minerals

Plata Latina Minerals is a growth-focused company focused on exploring strategic opportunities within the mining industry. With a strong cash balance and led by a highly experienced team with a proven track record in identifying, optimizing and growing businesses, Plata Latina aims to create long-term value through acquisitions, partnerships and other strategic transactions. Plata Latina is actively evaluating opportunities. The Company also has a 2% NSR on the La Joya Project in Mexico.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248149