Chilean Cobalt Agrees to Option La Cobaltera Concessions for $28.3M
Its subsidiary signed a definitive option agreement covering approximately 1,381 hectares of exploitation land and 2,900 hectares of exploration land. Fixed consideration totals $28.3 million in stages, plus a 1.5% royalty upon exercise; title remains subject to option exercise.
Chilean Cobalt's subsidiary signed a definitive option agreement for concessions covering approximately 1,381 hectares of exploitation and 2,900 hectares of exploration land. Fixed consideration is $28.3M in stages, plus a 1.5% royalty upon exercise; title remains subject to option exercise and pay…