Western Metallica Declares AGM Outcomes

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TORONTO — Western Metallica Assets Corp. (TSXV: WMS) (“Western Metallica” or the “Firm”) broadcasts the outcomes of its Annual Basic and Particular Assembly of Shareholders held on June 25, 2026 (the “Assembly”).

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Over 12% of the Firm’s shares had been represented on the Assembly.

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Detailed outcomes of the vote for the election of Administrators held just about on the Assembly on June 25, 2026, are set out under:

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Board of Director Nominees	% Votes For	% Votes Withheld
Gregory Duras	94.43	5.57
Roxanne Gelineau	94.43	5.57
Leanna Jokela	94.43	5.57

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Shareholders on the assembly additionally accredited the appointment of McGovern Hurley LLP because the Firm’s auditors. Disinterested shareholders additionally reapproved an omnibus incentive plan pursuant to which the Firm could situation restrictive share items and inventory choices to eligible contributors, topic to the receipt of all required approvals, together with the TSXV. Shareholders additionally accredited a reputation change to any such title as could also be accredited by the board of administrators of the Company.

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The Shareholders of the Company additionally handed a particular decision authorizing the administrators to consolidate the issued and excellent frequent shares of the Company on the premise of 1 (1) post-consolidation frequent share for every three (3) pre-consolidation shares of the Company (the “Share Consolidation”). Topic to the approval of the TSXV, the Board has the authority to implement the Share Consolidation, in its sole discretion, at any time previous to June 25, 2027, being one yr from the date of the Assembly.

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The Shareholders of the Company additionally handed a debt settlement decision approving the shares for debt transaction and the creation of a brand new management particular person topic to approval of the TSXV in accordance with its insurance policies.

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About Western Metallica Assets Corp.

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Western Metallica is a British Columbia firm with its head workplace in Toronto, Ontario. Western Metallica is within the enterprise of mineral useful resource exploration and improvement, its principal asset is its 100% owned Penedela Gold Property within the “Navelgas Gold Belt” in Asturias, Spain. Western Metallica additionally has an curiosity in two different Spanish gold initiatives within the “Navelgas Gold Belt” in Asturias (Valledor and Sierra Alta) and one undertaking situated in Andalucia (Nueva Celti).

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Cautionary Be aware Concerning Ahead-Trying Statements

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The TSXV has neither accredited nor disapproved the contents of this press launch. Neither the TSXV nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSXV) accepts duty for the adequacy or accuracy of this press launch.

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This press launch incorporates statements that represent “forward-statements.” Such ahead wanting statements contain recognized and unknown dangers, uncertainties and different components which will trigger the Firm’s precise outcomes, efficiency or achievements, or developments to vary materially from the anticipated outcomes, efficiency or achievements expressed or implied by such forward-looking statements.

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Though the Firm believes, in gentle of the expertise of its officers and administrators, present circumstances and anticipated future developments and different components which have been thought of applicable that the expectations mirrored on this forward-looking data are affordable, undue reliance shouldn’t be positioned on them as a result of the Firm can provide no assurance that they may show to be appropriate. When used on this press launch, the phrases “estimate”, “undertaking”, “perception”, “anticipate”, “intend”, “anticipate”, “plan”, “predict”, “could” or “ought to” and the unfavourable of those phrases or such variations thereon or comparable terminology are meant to determine forward-looking statements and data. The forward-looking statements and data on this press launch could embody data referring to deliberate drill applications and the event of different mining initiatives and prospects thereof. Such statements and data replicate the present view of the Firm. Dangers and uncertainties which will trigger precise outcomes to vary materially from these contemplated in these forward-looking statements and data.

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By their nature, forward-looking statements contain recognized and unknown dangers, uncertainties and different components which can trigger our precise outcomes, efficiency or achievements, or different future occasions, to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements.

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The forward-looking data contained on this information launch represents the expectations of the Firm as of the date of this information launch and, accordingly, is topic to vary after such date. Readers mustn’t place undue significance on forward-looking data and mustn’t rely on this data as of another date. The Firm undertakes no obligation to replace these forward-looking statements within the occasion that administration’s beliefs, estimates or opinions, or different components, ought to change.

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