07:11 AM EST, 11/21/2025 (MT Newswires) -- Western Metallica Resources (WMS.V) overnight Thursday said it entered into a debt settlement agreement with Gestion de Consensos Socioambientales S.A.C. to settle an aggregate amount of US$13,648.47 in outstanding debt relating to contractor fees and certain other outstanding obligations through the issuance of an aggregate of 180,000 common shares of Western Metallica at a deemed price of $0.065 per common share and a cash payment of US$6,000.00.

The company said that the closing of the shares for debt transaction is subject to customary closing conditions, including the approval of the TSX Venture Exchange.