Los Cerros Limited (ASX: LCL), previously named Metminco Limited is pleased to advise that it has launched the Company's new branding.

'Los Cerros Limited' was chosen as the Company's new brand on the basis that the change of name marks the reinvigoration of the Company post a series of corporate transactions completed in 2019, and is considered by the directors to better reflect and acknowledge the focus of the Company's activities in the Andes mountains of Colombia.

With the change of name, the company's shares will also trade under a new ASX ticker - LCL, effective today. The Company's traded options will have the new ASX tickers LCLOA and LCLOB.

An updated Company presentation accompanies this release. The updated presentation summarises the recent drilling program at Chuscal and the identification of follow up targets for the 2020 drill program, the broader Quinchia Gold Project, of which Chuscal is a part, and the follow-up exploration program at other targets within the Los Cerros portfolio.

Los Cerros Managing Director, Jason Stirbinskis said: 'The maiden drilling program at Chuscal has been illuminating. The Company has already used the drill data to vector in on two porphyry targets at Chuscal and is using the new information to formulate its 2020 work plan, not just for Chuscal, but also at other important projects within the 3km radius that make up the Quinchia Gold Project. There is a high level work plan in the presentation, which includes a return to drilling as soon as practical.'

Contact:

Jason Stirbinskis

Email: jstirbinskis@metminco.com.aum

FORWARD LOOKING STATEMENTS

This document contains forward looking statements concerning Los Cerros. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward-looking statements as a result of a variety of risks, uncertainties and other factors. Forward-looking statements are inherently subject to business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking information provided by the Company, or on behalf of the Company. Such factors include, among other things, risks relating to additional funding requirements, metal prices, exploration, development and operating risks, competition, production risks, regulatory restrictions, including environmental regulation and liability and potential title disputes. Forward looking statements in this document are based on Los Cerros' beliefs, opinions and estimates of Los Cerros as of the dates the forward-looking statements are made, and no obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments. Although management believes that the assumptions made by the Company and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any anticipated future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, the actual market price of gold, the actual results of future exploration, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's publicly filed documents. Readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. No representation, warranty or undertaking, express or implied, is given or made by the Company that the occurrence of the events expressed or implied in any forward-looking statements in this presentation will actually occur.

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