Chilean Metals has terminated the previously announced term sheet with ASX and AIM-listed Aura Energy Limited for its gold, base and battery metal tenements in Mauritania. "It became rather complicated for regulatory reasons for Chilean to pursue its original plan. It would have necessitated the deal being deemed a Fundamental Transaction to Chilean and that would have made it very difficult to meet our announced [...]
Chilean Metals Inc. is pleased to advise that it has signed a C$4.5 million funding term sheet for the creation of a joint venture vehicle with ASX and AIM-listed Aura Energy Limited for its gold, base and battery metal tenements in Mauritania. The Aura's Tasiast South tenements over 435 km2 are in a highly prospective area lying on two lightly explored mineralised greenstone belts in Mauritania. The areas lie along [...]
Chilean Metals Inc. announces that further to its application for a Management Cease Trade Order, which was granted by the British Columbia Securities Commission on June 17, 2020, the Company is required to provide bi-weekly status reports in accordance with the alternative information guidelines in National Policy 12-203 Management Cease Trade Orders, until such time as the Company has completed and filed its audited [...]
Chilean Metals Inc. , , announces that it has requested a temporary Management Cease Trade Order from the British Columbia Securities Commission in connection with the Company's filing of its audited annual financial statements and MD&A for the financial year ended December 31, 2019. On March 23, 2020 the Canadian Securities Administrators granted blanket relief for all reporting issuers, providing up to a 45-day [...]
Chilean Metals Inc. intends to complete a previously announced best efforts financing of up to $2.00 million dollars. The proposed financing would be by way of issuance of up to 20,000,000 units at $.10 per unit. Each unit will be comprised of one common share of the Corporation and one half of one common share purchase warrant , with each whole Warrant exercisable into a common share of the Corporation at an exercise [...]
Chilean Metals Inc. , , , intends to participate in the blanket relief program announced on March 18, 2020 by the Canadian Securities Administrators extending deadlines to file financial statements and Management Discussion and Analysis , the Company confirms that is relying on the relief therein in respect of its audited annual 2019 financial statements and the MD&A as a result of interruptions in the flow of information [...]
Chilean Metals Inc. , , intends to complete a previously announced best efforts financing of up to $1.5 million. The proposed financing would be by way of issuance of up to 30,000,000 units at $.05 per unit. Each unit will be comprised of one common share of the Corporation and one common share purchase warrant , with each whole Warrant exercisable into a common share of the Corporation at an exercise price of $0.05 per [...]
Toronto, ON - TheNewswire - August 2, 2019 - Chilean Metals Inc. intends to complete a best efforts financing of up to $1.5 million. The proposed financing would be by way of issuance of up to 30,000,000 units at $.05 per unit. Each unit will be comprised of one common share of the Corporation and one common share purchase warrant , with each whole Warrant exercisable into a common share of the Corporation at an exercise [...]
Chilean Metals confirms that the previously announced consolidation has been approved by the TSX Venture Exchange and will take effect July 5, 2019. The consolidation will see a 2.5:1 rollback of Chilean Metals Inc. common stock. So effective July 5th every old shares will be exchanged into one new share. The Company presently has 35,404,940 shares outstanding which will consolidate on July 5th into approximately [...]
Toronto, ON / TheNewswire / May 23, 2019 Chilean Metals Inc. has approved a 2.5:1 rollback of its common stock and intends to apply to the TSXV immediately to approve the consolidation. Under the Company's Articles and the Business Corporations Act , the board of directors may approve a consolidation. The Company presently has 35,404,940 shares outstanding which will consolidate into approximately 14,161,976 [...]
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- Chilean Metals Inc. . Chilean Metals Inc. is pleased to provide an update on its plans in advance of the PDAC. Chilean Metals intends to solicit directly and through outside financial agents a financing of up to $1.5 million dollars. This financing will be done by way of private placement and will be structured as a unit offering. Each unit will comprise of a common share and a full share purchase warrant. Where each [...]