Research analysts covering Chilean Cobalt.
Recent press releases and 8-K filings for COBA.
Chilean Cobalt Corp. Enters Earn-in and Option Agreement for REE Project
COBA
New Projects/Investments
M&A
- Chilean Cobalt Corp. (COBA) announced on January 14, 2026, that it has entered into a binding earn-in and option agreement with NeoRe SpA for the NeoRe Rare Earth Project in southern Chile.
- Under the agreement, Chilean Cobalt will provide up to $3,000,000 USD to earn the option to acquire the project.
- If the option is exercised, Chilean Cobalt will acquire 100% ownership of NeoRe in exchange for 6,000,000 common shares of Chilean Cobalt.
- The project involves an ionic adsorption clay-style rare earth element (REE) system enriched with critical elements like yttrium, neodymium, dysprosium, and terbium.
- The development scale-up for the project is expected to occur over approximately 12 to 24 months.
Jan 14, 2026, 2:15 PM
Chilean Cobalt Corp. announces completion of strategic equity investment
COBA
New Projects/Investments
- Chilean Cobalt Corp. (COBA) completed a brokered private placement financing on December 3, 2025, raising USD $3,000,000 in gross proceeds.
- The financing involved the issuance of 6,000,000 common shares at a price of $0.50 per share to a wholly-owned subsidiary of Glencore plc and Madesal SpA.
- The net proceeds are designated for exploration fieldwork at La Cobaltera and El Cofre, pursuing additional district consolidation opportunities, advancing ESG diligence, and for general corporate and working capital purposes.
Dec 3, 2025, 1:55 PM
Chilean Cobalt Corp. Enters Placement Agent Agreement and Sells $3 Million in Equity
COBA
- On November 25, 2025, Chilean Cobalt Corp. (COBA) entered into a placement agent agreement with DA Davidson to act as the exclusive placement agent for a private issuance of public equity (PIPE).
- The offering involves the sale of up to 8,000,000 shares of common stock at $0.50 per share, with the potential to raise up to $4,000,000.
- DA Davidson will receive a 7% commission on the gross proceeds from the equity sales and up to $100,000 for legal fees.
- As of November 25 and 27, 2025, the company has already sold 6,000,000 shares at $0.50 per share, generating an aggregate of $3,000,000.
- The offering period commenced on the agreement date and is set to terminate on December 5, 2025, subject to potential extensions.
Dec 2, 2025, 10:00 PM
Chilean Cobalt Corp. Enters Offtake Arrangement with Glencore
COBA
New Projects/Investments
- Chilean Cobalt Corp. (COBA) entered into an offtake arrangement with Glencore plc on November 11, 2025.
- The agreement grants Glencore an irrevocable and exclusive right to purchase up to 100% of cobalt and/or copper containing products from Chilean Cobalt's La Cobaltera and El Cofre projects for the life of mine.
- This arrangement is expected to facilitate strategic project financing and accelerate project development, with the majority of products anticipated to be shipped to the United States for processing and refining.
Nov 13, 2025, 2:00 PM
Chilean Cobalt Corp. Acquires Additional Mining Concessions
COBA
M&A
New Projects/Investments
- 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.
- The acquisition, which includes the El Cofre copper-cobalt-gold project, was made from Cobalt Chile SpA.
- 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.
- 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.
Sep 15, 2025, 6:54 PM
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