Ann: Colina Lithium Deposit - Mineral Resource Estimate Upgrade, page-3

‘The Company has meaningfully progressed discussions with various funding providers to support thedevelopment of the Salinas Project.Latin has received offtake proposals from a range of credible parties, including the offer of funding support inexchange for a portion of offtake from the Salinas Project. Now these offtake proposals have been received,they will be compared against a broader suite of project funding alternatives, including funding terms frombanks, to assess the most competitive source of funding for the Salinas Project. A number of the offtakepartners who have offered funding support require the review of the DFS ahead of committing funds whichprovides the opportunity to compare offtake partner funding terms with bank terms.To this end, Latin has been engaging with debt advisers in relation to a bank funding process, which willprogress in parallel with the offtake process with the goal of finalising attractive funding to expeditiouslyprogress the development of the Salinas Project.’