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.

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