Summary: Chilean Metals Inc. to change its name to "Power Nickel Inc." to reflect its focus on development of its James Bay High-Grade Nickel Copper Cobalt Palladium "Nisk" Project. Chilean Metals' subsidiaries currently holding the Company's Chilean assets will be separated and spun out as a new public company with all of its existing Chilean assets and sufficient capital for one-year of operations Chilean Metals will [...]
Chilean Metals Inc. is pleased to announce additional efforts to broaden awareness for the Company in the investment community through the engagement of Relations Publiques Paradox Inc. Terry Lynch, Chilean CEO stated, "As a small public company, the onus is on us to make sure investors are aware of the unique investment opportunities presented in Chilean Metals. We have a transformative year with the two acquisitions we [...]
Chilean Metals Inc. s pleased to announce it has received TSXV conditional approval on its announced agreement to acquire 80% of the NISK property via a series of option payments and work commitments as further detailed below. Option Terms: Grant of first option Critical Elements Lithium Corp. has granted to Chilean Metals, as the "Optionee", the exclusive right and option to acquire, on or before the date that is three [...]
Commences Trading on OTCBB- CMETF Launches AGORACOM Online Marketing And "CEO Verified" Discussion Forum As Primary Investor Social Media Discussion Platform Chilean Metals Inc. is pleased to announce two initiatives to broaden awareness for the company in the investment community. It has begun trading on the OTCBB under the symbol CMETF and launched a "CEO Verified" Discussion Forum on AGORACOM. The forum will serve as [...]
Chilean Metals Inc. is pleased to report results from Phase 1 of drilling at its Tierra de Oro project in 3rd Region of Atacama about 75 km south of Copiapó, Chile. The phase 1 drilling program at Tierra de Oro was focused on the Chanchero zone and further confirmed the existence of a strong hydrothermal system in the local area. Drilling demonstrated discontinuous fault bound zones of characteristic [...]
Chilean Metals Inc. is pleased to announce it has received TSXV approval on its announced agreement to acquire 100% of the Golden Ivan property via a series of option payments and work commitments as further detailed below. Golden Ivan is located approximately 3 kilometers to the east of Stewart, BC in the heart of the Golden Triangle. The Golden Ivan property consists of 13 mineral claims, all in good standing, for a [...]
Chilean Metals Inc. is pleased to announce it has reached subject to TSX.V approval and agreement to acquire up to 80% of the NISK property via a series of option payments and work commitments as further detailed below. Option Terms: Grant of first option The Corporation grants to the Optionee the exclusive right and option to acquire, on or before the date that is three years from the TSX.V approval , an initial 50 [...]
Chilean Metals Inc. has started on Phase 1 of drilling at its Tierra de Oro project in 3rd Region of Atacama about 75 km south of Copiapó, Chile. The 5,675 hectare project has several geological areas of interest the Company will be exploring following an Artificial Intelligence analysis generated by leading AI mining service provider Windfall Geotek . Previous exploration data generated by both the company and other [...]
Chilean Metals Inc. is pleased to announced it has reached and agreement to acquire 100% of the Golden Ivan property via a series of option payments and work commitments as further detailed below. Golden Ivan is located approx. 3 kilometers to the east of Stewart, BC in the heart of the Golden Triangle. The Golden Ivan property consists of thirteen mineral claims, all in good standing, for a total area of approximately [...]
October 9, 2020. Chilean Metals Inc. has entered into an agreement with a related party on the extension of $702,000 worth of debentures and advances for a further term of two years. This amended loan agreement and bonus warrants is subject to TSXV approval. The loan will carry an interest rate of 14% per annum and will be prepaid for year 1, with the interest added to the principal. Should Chilean Metals not pay off the [...]
Chilean Metals Inc. has completed a non brokered private placement of $3,017,525 dollars. The proposed financing resulted in the issuance of 30,175,250 units at $.10 per unit. Each unit is comprised of one common share of the Company and one half of one common share purchase warrant , with each whole Warrant exercisable into a common share of the Company at an exercise price of $0.15 per Warrant Share for a period of 24 [...]
Chilean Metals Inc. intends to complete a best efforts financing of up to $3.00 million dollars. The proposed financing would be by way of issuance of up to 30,000,000 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 price of $0.15 per [...]