LAT Latin American Minerals Inc

Latin American Minerals Inc. (TSX VENTURE:LAT)(OTCQX:LATNF) (the "Company")
announces the closing of the previously announced $1,000,000 financing (the
"Financing") (press release June 27, 2014). 


Pursuant to the securities purchase agreement (the "Agreement") dated June 25,
2014 between the Company and Pinetree Capital Ltd. ("Pinetree"), the Company
issued 10,000,000 common shares to Pinetree Capital Ltd. at a deemed price of
$0.10 per share for a transaction value of $1,000,000, in exchange for 2,000,000
common shares of Pinetree at a deemed price of $0.50 per share (the "Pinetree
shares"). The LAT and Pinetree shares are subject to a four month hold period.
There were no warrants or finders' fees associated with the Financing. 


Pursuant to the requirements of the TSX Venture Exchange (the "TSXV"), the
Company sought and obtained written consent from a majority of disinterested
shareholders of the Company for the creation of a new Control Person (as that
term is defined in the policies of the TSXV). As a result of the closing of the
Financing, Pinetree, together with its joint actor, holds 28,550,500 common
shares of the Company, representing approximately 26.27% of the issued and
outstanding common shares of the Company. Pinetree also holds 3.5 million common
share purchase warrants of the Company. Accordingly, on a fully diluted basis
(that is, assuming conversion of all outstanding warrants and other convertible
securities of the Company) Pinetree, together with its joint actor, would hold
approximately 23.27% common shares of the Company.


Miles Rideout, President and CEO stated, "We would like to thank shareholders
for their support in approving this financing which allows the Company to
increase the scale of the evaluation and exploration efforts on six mapped gold
zones at our Paso Yobai project."


The net proceeds from the private placement will be used at the Company's Paso
Yobai gold project and for general working capital purposes.


The Financing constitutes a related party transaction under Multilateral
Instrument 61-101 - Protection of Minority Security Holders in Special
Transactions ("MI 61-101") and TSXV Policy 5.9. The Company is relying on the
exemptions from the formal valuation and minority shareholder approval
requirements contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither
the fair market value of securities being issued to Pinetree nor the
consideration being paid by Pinetree exceeded 25% of the Company's market
capitalization on the date of the Agreement. The Company did not file a material
change report 21 days prior to the closing of the Financing as the transaction
was announced and closed in less than that time period.


About the Company: 

Latin American Minerals Inc. is a mineral exploration company with its flagship
Paso Yobai property located in eastern Paraguay, an emerging gold region. Paso
Yobai hosts a large epithermal gold footprint on two parallel gold trends,
namely the 10 km Discovery Trend and 14.8 km X-Mile Trend. 


The Company holds a 100% interest in an on-site concentrator plant (mill) at the
fully permitted Independencia Mine at Paso Yobai. In operation since 2012, the
plant continues to provide operating cash flow and vital information on the
grade, mineralogy and metallurgical characteristics of the Paso Yobai
mineralization through self-funded operation. 


The Company holds 100% of the adjacent Paso Yobai X-Mile Trend exploration
concessions, the present exploration focus. The Company also holds 100%
interests in highly prospective diamond, REE, niobium and green-fields gold
projects in Paraguay and base metals projects in Argentina.


The Company's public documents may be accessed at www.sedar.com. 

For further information, please visit our website at
www.latinamericanminerals.com or email us at
information@latinamericanminerals.com.


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Latin American Minerals Inc.
Miles Rideout
President and CEO
Toronto: (1-416) 902-8558
information@latinamericanminerals.com
www.latinamericanminerals.com

Latin American Minerals (TSXV:LAT)
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Latin American Minerals (TSXV:LAT)
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