Chilean Cobalt signs binding earn-in for NeoRe REE project; option for 100% with 6M shares

Chilean Cobalt Corp.

Chilean Cobalt commits up to $3M to earn option to acquire 100% of NeoRe SpA for 6M common shares.
Project covers 4,250 hectares of ionic adsorption clay REE system near Concepción, Chile, enriched in yttrium, neodymium, dysprosium, terbium.
If option not exercised, Chilean Cobalt receives a net smelter royalty of up to 2% on capital provided.
Development target is 12-24 months; staged work includes drilling, metallurgy, and a scoping-level assessment.
NeoRe's prior pilot-scale work produced a rare earth oxide concentrate, providing technical foundation.

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