• Chilean Cobalt moved into talks to buy 100% of NeoRe following completion of Phase 2 under a binding earn-in agreement.
• Phase 3 calls for negotiating and signing a definitive acquisition agreement; the existing terms contemplate 6,000,000 common shares as consideration.
• Completion of Phase 2 lifted Chilean Cobalt’s net smelter royalty interest in the NeoRe project to 2%.
• The 2% NSR would be extinguished if the acquisition closes, leaving the project unencumbered by those royalties.
• NeoRe’s controlling shareholder Madesal invested USD 1.5 million in Chilean Cobalt alongside the transaction process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chilean Cobalt Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609090900ACCESSWRNAPR_____1218258) on September 09, 2026, and is solely responsible for the information contained therein.