- Chilean Cobalt Corp. (COBA) finalized the acquisition of an additional **3,742 hectares** of exploitation claims in the San Juan district on **September 12, 2025**, increasing its total mining concessions in the region to **6,377 hectares**.  **[1727255_0001683168-25-006976_chilean_ex9901.htm:0]** **[1727255_0001683168-25-006976_chilean_8k.htm:0]** **[1727255_0001683168-25-006976_chilean_8k.htm:1]** **[1727255_0001683168-25-006976_chilean_8k.htm:2]** 
- The acquisition, which includes the **El Cofre copper-cobalt-gold project**, was made from Cobalt Chile SpA.  **[1727255_0001683168-25-006976_chilean_ex9901.htm:0]** 
- The purchase consideration included **$101,833,291 Chilean Pesos** (equivalent to **US$105,775.55**) in cash and **4.5 million common shares** of Chilean Cobalt.  **[1727255_0001683168-25-006976_chilean_8k.htm:1]** **[1727255_0001683168-25-006976_chilean_ex1001.htm:7]** 
- These **4.5 million shares**, valued at **US$0.42 per share** for a total of **US$1,890,000**, represent **9.37%** of the Company's post-transaction common stock ownership and are subject to a lock-up agreement.  **[1727255_0001683168-25-006976_chilean_8k.htm:3]** **[1727255_0001683168-25-006976_chilean_ex1001.htm:7]**

Chilean Cobalt (COBA)