Santiago, October 4, 2024.-

In an extraordinary session of the Board held on October 4, 2024, Pampa Camarones placed a capital increase of 102,532 shares at US$40 per share, raising US$4.1 million. This placement was managed alongside Pampa Camarones’ sponsor on ScaleX, LarrainVial.

This decision allows for maximizing shareholder value and obtaining the necessary financing to begin the development of the Chacota Mine and carry out an exploration campaign in the Pampa Camarones district.

Additionally, the Board has decided to structure a complementary financing through debt. This financing will be offered first to current shareholders in the coming weeks, and any remaining amount will be offered to the market.

The Board is confident that these measures will drive the strategic projects of Pampa Camarones and continue to add value to the company.