Shareholders approve reverse stock split authorization for Chilean Cobalt Corp.

Chilean Cobalt Corp.

68.71% of voting power approved discretionary authority for board to effect reverse stock split in range of 1-for-2 to 1-for-6.
Reverse split intended to help meet minimum price requirements for potential national securities exchange listing.
Board retains discretion on whether to proceed, effective time, and exact ratio.
No assurance that reverse split will be implemented or that exchange listing will be achieved.

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