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Chilean Metals Closes $2.2 Million Financing


Chilean Metals Closes $2.2 Million Financing
Chilean Metals Inc. has closed a non-brokered private placement of $2,200,000 dollars, with $900,000 being done via issuance of 3,600,000 common shares at $0.25 and $1,200,000 in Flow-through Shares issued at $0.40 per share comprising of 3,000,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures . These …
Chilean Metals Inc. (“Chilean Metals,” “CMX” or the “Company”) (TSXV:CMX)(OTCQX:CMETF)(SSE:CMX)(MILA:CMX) has closed a non-brokered private placement of $2,200,000 dollars, with $900,000 being done via issuance of 3,600,000 common shares at $0.25 and $1,200,000 in Flow-through Shares issued at $0.40 per share comprising of 3,000,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures (as such terms are defin ....

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Chilean Metals, Inc.: Chilean Metals Closes $2.2 Million Financing


Chilean Metals, Inc.: Chilean Metals Closes $2.2 Million Financing
TORONTO, ON / ACCESSWIRE / May 4, 2021 / Chilean Metals Inc. ( Chilean Metals, CMX or the Company ) (TSXV:CMX)(OTCQX:CMETF)(SSE:CMX)(MILA:CMX) has closed a non-brokered private placement of $2,200,000 dollars, with $900,000 being done via issuance of 3,600,000 common shares at $0.25 and $1,200,000 in Flow-through Shares issued at $0.40 per share comprising of 3,000,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures (as such terms are defined in the
Income Tax Act (Canada)).
The Company has paid brokers fees and broker warrants in conjunction with the transaction. Total brokerage fees amounted to $128,400. In addition, the Company issued 216,000 broker warrants exercisable at $0.25 at anytime over the next 18 months and also 180,000 broker warrants exercisable at $0.40 at anytime over the next ....

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Chilean Metals, Inc.: Chilean Metals Arranges $2 Million Financing To Explore Nisk Nickel Project


Chilean Metals, Inc.: Chilean Metals Arranges $2 Million Financing To Explore Nisk Nickel Project
TORONTO, ON / ACCESSWIRE / April 16, 2021 / Chilean Metals Inc. ( Chilean Metals, CMX or the Company ) (TSX.V:CMX) (OTCBB:CMETF) (SSE:CMX) (MILA:CMX) has arranged a non-brokered private placement of $2,000,000 dollars, with $1,000,000 being done via issuance of 4,000,000 common shares at $0.25 and $1,000,000 in Flow-through Shares issued at $0.40 per share comprising of 2,500,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures (as such terms are defined in the
Income Tax Act (Canada)).
The Company intends to pay brokers fees and broker warrants in conjunction with the transaction. Any broker warrants issued on the hard dollar financing will be exercisable at $0.25 per share for 18 months from date of close and any broker warrants issued on the flow-through will b ....

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Chilean Metals Arranges $2 Million Financing To Explore Nisk Nickel Project


Chilean Metals Arranges $2 Million Financing To Explore Nisk Nickel Project
Chilean Metals Inc. has arranged a non-brokered private placement of $2,000,000 dollars, with $1,000,000 being done via issuance of 4,000,000 common shares at $0.25 and $1,000,000 in Flow-through Shares issued at $0.40 per share comprising of 2,500,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures . These …
Chilean Metals Inc. (“Chilean Metals,” “CMX” or the “Company”) (TSX.V:CMX) (OTCBB:CMETF) (SSE:CMX) (MILA:CMX) has arranged a non-brokered private placement of $2,000,000 dollars, with $1,000,000 being done via issuance of 4,000,000 common shares at $0.25 and $1,000,000 in Flow-through Shares issued at $0.40 per share comprising of 2,500,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through m ....

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Chilean Metals, Inc.: Chilean Metals Intersects 716 g / t Silver and 0.453% Copper over 2 meter in Hole 3 at the Chanchero zone


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TORONTO, ON / ACCESSWIRE / February 1, 2021 / Chilean Metals Inc. ( Chilean Metals, CMX or the Company ) (TSX.V:CMX, SSE:CMX, MILA:CMX) is pleased to report results from Phase 1 of drilling at its Tierra de Oro (Land of Gold) 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 phyllic-propylitic-argillic alteration and widespread pyrite mineralization in stockworks and veins in most of the drill holes. A total of five diamond drill holes were completed for a total of 1,500 m of recovered core, resulting in approximately 850 collected samples. Laboratory results have been received for all of the 5 holes completed. The preliminary highlight of the program was intersected in Hole 3 where a two-meter sample at 120 m ....

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