Western Metallica Announces AGM Results

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TORONTO – Western Metallica Resources Corp.TSXV: WMS) (“Western Metallica” or “Company”) announces the results of its Annual General and Special Meeting of Shareholders held on June 25, 2026 (the “Meeting”).

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More than 12% of the Company’s shares were represented at the Meeting.

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The detailed results of the vote for the election of directors held approximately at the Meeting on June 25, 2026, are set out below:

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Nominees of the Board of Directors	% Votes Because	% Votes Withheld
Gregory Duras	94.43	5.57
Roxanne Gelineau	94.43	5.57
Leanna Jokela	94.43	5.57

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The shareholders at the meeting also approved the appointment of McGovern Hurley LLP as the Company’s auditors. The disinterested shareholders also approved an omnibus dividend plan under which the Company may issue restricted stock units and stock options to eligible participants, subject to receipt of all necessary approvals, including from the TSXV. The shareholders also approved the change of name to any name that may be approved by the board of directors of the Corporation.

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The Shareholders of the Corporation also passed a special resolution authorizing the directors to consolidate the issued and outstanding common shares of the Corporation on the basis of one (1) post-consolidation common share into three (3) pre-consolidation common shares of the Corporation (the “Share Consolidation”). Subject to TSXV approval, the Board has the authority to initiate a Share Merger, at its discretion, at any time prior to June 25, 2027, which is one year from the date of the Meeting.

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The Company’s Shareholders also passed a resolution to pay the debt to approve the shares of the debt exchange and the creation of a new controlling person under the approval of the TSXV in accordance with its policies.

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Information about the company Western Metallica Resources Corp.

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Western Metallica is a British Columbia company headquartered in Toronto, Ontario. Western Metallica is in the mineral exploration and development business, its principal asset being the 100% owned Penedela Gold Property in the “Navelgas Gold Belt” in Asturias, Spain. Western Metallica is also interested 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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Cautionary Note Regarding Forward-Looking Statements

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The TSXV has neither approved nor disputed the content of this press release. Neither the TSXV nor its Legal Services Provider (as that term is defined in TSXV policies) accepts responsibility for the adequacy or accuracy of this press release.

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This press release contains statements that include “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the Company’s actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

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Although the Company believes that, due to the experience of its officers and directors, current conditions and expected future developments and other factors deemed appropriate that the expectations expressed in this forward-looking information are reasonable, they should not be unduly relied on because the Company cannot give assurance that they will prove to be correct. When used in this press release, the words “estimate”, “project”, “believe”, “anticipate”, “intend”, “anticipate”, “plan”, “predict”, “may” or “should” and the negatives of these words or such variations therein or similar words are intended to identify forward-looking statements and information. Forward-looking statements and information in this press release may include information related to planned drilling programs and the development of other mining projects and prospects thereof. Such statements and information reflect the Company’s current opinion. Risks and uncertainties that could cause actual results to differ materially from those projected in such forward-looking statements and information.

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By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause our actual results, performance or success, or other future events, to differ materially from any future results, performance or success expressed or implied by such forward-looking statements.

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The forward-looking information contained in this news release represents the Company’s expectations as of the date of this news release and, as appropriate, may change after that date. Readers should not place undue importance on forward-looking information and should not rely on this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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