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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 [...]
Chilean Metals Inc. . Chilean Metals Inc. is pleased to announce the results from the 3D IP Survey at the Trident prospect at Bass River in Nova Scotia. A 3D IP survey has been conducted at the Trident prospect and the resulting 3D model has been received. A very large, strongly chargeable body is observed in the model results. The body is approximately 800m long and up to 300m wide. It's depth extent varies from [...]
Chilean Metals Inc. . The Company announces that it has received final TSX Venture Exchange approval of its previous private placement of hard dollar units and flow-through units that was closed in June 2018. Please refer to the Company's earlier news release of June 8, 2018 which discloses the closing details. The Company expects its shares to resume trading shortly after Christmas. "We thank our shareholders for their [...]
Chilean Metals Inc. . On July 27, 2018, the TSX Venture Exchange advised the Company that it would consider accepting the private placement subsequent to the issuance of securities if: 1) the private placement is approved by the disinterested shareholders ; or 2) the Company ensured that the common shares issued pursuant to the private placement are excluded from the vote at the Company's upcoming shareholders meeting. On [...]
Toronto, ON / TheNewswire / December 3rd, 2018. Chilean Metals Inc. . Following its successful annual general and special meeting which approved the Board as recommended by the management of the Company in its management information circular, as disclosed on November 23, 2018, the Company has requested from the TSXV final approval of the previously announced and closed financing for $1,636,390 and a lift of the halt trade [...]
Toronto, ON / TheNewswire / November 23, 2018. Chilean Metals Inc. is pleased to announce the results of its annual general and special meeting which was held on November 23, 2018. In accordance with the TSX Venture Exchange decision of July 27, 2018, and as confirmed by the BC Securities Commission order issued on November 21, 2018 , the Company excluded the shares that were issued in the private placement completed in [...]
Toronto, ON / TheNewswire / October 5th, 2018. Chilean Metals Inc. . On August 27th Investment Industry Regulatory Organization of Canada halted the trading in the shares of Chilean Metals on the TSXV at the request of the TSXV due to "Pending Review of Compliance with Exchange Requirements". As disclosed in the Company's previous news releases, the Company has been trying to seek Exchange approval for its previous [...]
Toronto, ON. / TheNewswire / August 27, 2018. Chilean Metals Inc. . On August 27th Investment Industry Regulatory Organization of Canada halted the trading in the shares of Chilean Metals on the TSXV at the request of the TSXV due to "Pending Review of Compliance with Exchange Requirements". As disclosed in the Company's previous news releases, the Company has been trying to seek Exchange approval for its previous private [...]
Toronto, ON. / TheNewswire / August 24, 2018. Chilean Metals Inc. . Since its news release of July 9, 2018, the Company has been trying to obtain TSXV approval for the previous placement and approval for a further tranche of the private placement. The TSXV's proposed alternatives for private placement approval appear out of the norm and are not proportional. The TSXV has said that in order to consider such an acceptance [...]
Toronto, ON / TheNewswire / August 17, 2018. Chilean Metals Inc. . Since its news release of July 9, 2018, the Company has been trying to obtain TSXV approval for the previous placement and approval for a further tranche of the private placement. The TSXV's delay in approving the Company's present private placement financing will require the Company to obtain a loan, on steep terms, to cover working capital expenses. The [...]
Samuel Stern announced today that he has acquired 2,500,000 units of Chilean Metals Inc. pursuant to the Company's previously announced private placement of Units and subject to receipt of TSX Venture approval. As of the date hereof, the Company has not yet received Exchange approval. Each Unit is comprised of one common share, issued as a "flow-through share" of the Income Tax Act ) and one common share purchase warrant [...]
