Chilean Cobalt Corp. 8K

Chilean Cobalt Corp. completed Phase 2 of its NeoRe earn-in, advanced to Phase 3 acquisition negotiations, and received a $1.5 million strategic investment from Madesal SpA to support development of the NeoRe Rare Earth Project.

Chilean Cobalt Corp. announced that it has successfully completed Phase 2 (Tranche 2) of its Binding Earn-In and Option Agreement with NeoRe SpA for the NeoRe Rare Earth Project in southern Chile, earning a second 1% net smelter royalty for a total 2% NSR and triggering the move to Phase 3 negotiations for a definitive agreement to acquire 100% of NeoRe in exchange for 6,000,000 Chilean Cobalt common shares, while NeoRe advances exploration, pilot processing, and engineering toward targeted first mixed rare earth carbonate production in early 2027; in parallel, Madesal SpA, NeoRe’s controlling shareholder and a major Chilean Cobalt shareholder, has made a follow‑on strategic investment of USD $1.5 million in Chilean Cobalt to further align interests around the project and broader Chile-U.S. rare earth supply chain development.

Filing Facts

CIK

1727255

Ticker

-

Form

8K

Source Type

sec

Accession

0001683168-26-007026

Alert Tier

7