other material
confidence high
sentiment neutral
materiality 0.65
Chilean Cobalt updates: US OTC listing expected June 2023, $1M placement at $10M pre-money
Chilean Cobalt Corp.
- CEO Duncan Blount appointed Sept 2022; new directors Ignacio Moreno and Andy Sloop (Nike Global Zero Waste Director) added.
- Option to acquire Callejas property expired; focus shifts to 100%-owned 2,635 hectares at La Cobaltera.
- Raising $1M in private placement at $10M pre-money valuation; closing by March 31, 2023.
- US OTC QX listing expected around June 2023 after FINRA approval.
- Strategic partner discussions ongoing; company cites IRA benefits for Chile as FTA country.