Chilean Cobalt Options to Acquire Chile Mining Concessions for $27.5 Million
The company will pay in scheduled installments, and the sellers are entitled to a 1.5% royalty. It also amended its NeoRe Project earn-in and option agreement, extending the decision deadline.
Chilean Cobalt entered into an option to acquire mining concessions in northern Chile for $27.5 million in scheduled installments, with sellers also entitled to a 1.5% royalty. Separately, the company amended its NeoRe Project earn-in and option agreement, extending the deadline to decide whether t…