Chilean Cobalt Corp. (COBA): M&A transaction — Chilean Cobalt acquires 3,742 hectares in San Juan district; total land now 6,377 hectares

Chilean Cobalt Corp.

Total consideration: ~101.8M CLP cash + 4.5M restricted common shares (9.37% post-transaction); shares subject to 3-year lockup.
Acquired 3,742 hectares including El Cofre copper-cobalt-gold project; total concessions now 6,377 hectares (up from 2,635).
Seller is Cobalt Chile SpA, a wholly-owned subsidiary of Fuerte Metals Corp. (TSXV: FMT).
Exploration program with mapping, trenching, and IP surveys expected to begin in H2 2025.
Acquisition consolidates Chilean Cobalt's brownfield and greenfield assets in the San Juan district.

item 1.01 item 2.01 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Chilean Cobalt Corp. completed an acquisition involving Cobalt Chile SpA for $101,833,291 Chilean Pesos along with 4.5 million shares of the Company’s restricted common stock (closed 2025-09-12).

Action: acquisition
Counterparty: Cobalt Chile SpA
Consideration: $101,833,291 Chilean Pesos along with 4.5 million shares of the Company’s restricted common stock
Closing: 2025-09-12

Exact text from the filing

San Juan mining district in Chile from Cobalt Chile SpA, an unrelated party, as further outlined in item 2.01 that follows. The purchase consideration was cash in the amount of $101,833,291 Chilean Pesos along with 4.5 million shares of the Company’s restricted common stock. The foregoing description of the Agreement is qualified in its entirety by reference to the

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8 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Chilean Cobalt Corp. filing history →

Source: SEC EDGAR

accession 0001683168-25-006976

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