Director Exercises LRSOC Options

Latin Resources Limited (ASX: LRS) (“Latin” or “the Company”) is pleased to advise that Director Brent Jones has exercised a total of 15,833,250 LRSOC options to acquire 15,833,250 fully paid ordinary shares for a total consideration of approximately $190,000.

The exercise of the options above brings the LRSOC options exercised over the 3 month period from 22 September 2022 to 23 December 2022 to a total of 165,911,285, bringing in funds of $1.99 million to the Company.

The relevant Appendix 3Y in respect of Mr Jones’s equity movements is attached. Latin Resources Managing Director, Chris Gale commented:

"The exercise of options by Brent, is extremely pleasing and a solid vote of confidence in the Company, its projects, its people and its strategy going forward. This money will assist the company in funding its aggressive Salinas drill program in 2023. "

This Announcement has been authorised for release to ASX by the Board of Latin Resources.

Click here for the full ASX Release

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