Latin Resources Limited announced that Argentinian investment group Integra Capital S.A. and Latin Resources have agreed the terms and signed a transformational joint venture agreement on the Company's Catamarca lithium pegmatite projects. The Agreement underpins the strategic approach by Latin in identifying, acquiring and advancing large-scale land positions of highly prospective mineral projects to attract joint venture partners. Integra through their Founder and President, Jose Luis Manzano will take a 10% placement in Latin Resources. Integra is an investment company that has a diversified portfolio covering more than ten countries. Founded in 1995, Integra has developed projects and ventures with private institutions and investors valued at more than $16.5 billion. Integra is one of Argentina's largest lithium explorers and holds over 400,000 hectares of lithium brines projects in Jujuy and Catamarca provinces. The firm has developed a portfolio of assets in oil exploration and production, natural gas distribution, electricity generation and distribution. Integra also has investments in uranium and copper, and provides services such as mergers and acquisitions, financial structuring, IPOs, due diligence procedures, debt and company restructuring. Integra was attracted to Latin's highly prospective and large-scale lithium tenement portfolio in Argentina, as well the Company's renowned 10-year operational experience in Latin America. Integra is not a related party of the Company. As per the Agreement, Integra will spend up to USD 1 million (AUD 1.4 million) under a Joint Venture which will underpin an aggressive exploration program on the Catamarca concessions, with the initial aim of delivering a maiden JORC resource. Following the release of a maiden JORC Resource on the projects, the Joint Venture focus will turn to project development, including feasibility, engineering and metallurgy studies to produce a lithium spodumene concentrate. Latin has already developed a high-level scoping study with consulting engineers Primero Group for development of the Argentinian lithium assets. Under the JV, Latin will be free-carried through initial exploration with financing for the construction of the processing plant equating to the percentage ownership agreement between Integra and Latin as per the project partnership at the time of the Final Investment Decision.