---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-004685"
form_type: "8-K"
ticker: "COBA"
cik: "0001727255"
company_name: "Chilean Cobalt Corp."
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T11:59:07.697340+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Chilean Cobalt adopts 2023 equity plan, re-elects CEO Blount, grants 750K options

## Summary
- Shareholders holding 54.03% of common stock approved by written consent the 2023 Equity Incentive Plan and re-election of Duncan Blount as director.
- Plan reserves 1,963,746 shares of common stock for future equity awards to officers, directors, employees, and consultants.
- Board granted 750,000 stock options at $0.26/share to executives and directors; vest quarterly over three years, expire in 10 years.
- Key recipients: CEO Duncan Blount (300,000 shares), CFO Jim Van Horn (150,000 shares), COO Jeremy McCann (75,000 shares).
- Duncan Blount re-elected to a three-year term as director expiring June 30, 2026.

## SEC filing metadata
- accession: 0001683168-23-004685
- form_type: 8-K
- ticker: COBA
- cik: 0001727255
- company_name: Chilean Cobalt Corp.
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1727255/000168316823004685/0001683168-23-004685-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1727255/000168316823004685/chilean_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-004685
- JSON: https://secwatch.observer/filing/0001683168-23-004685.json
- Plain text: https://secwatch.observer/filing/0001683168-23-004685.txt

## Key facts
- Shareholder Votes
  Chilean Cobalt Corp. shareholders approved Election of Mr. Blount to serve another three-year term as a Director until June 30, 2026 at the 2023-06-30 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-30
  source text: On June 30, 2023, shareholders holding 54.03% of the Common Stock approved by written consent, the Plan and the election of Mr. Blount to serve another three-year term as a Director until June 30, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1727255/000168316823004685/0001683168-23-004685-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.