CHILEAN COBALT CORP. Form 8-K Filing

On May 18, 2026, Chilean Cobalt Corp. entered into a stock purchase agreement with investors for the sale of 1,562,500 shares of its Common Stock at a price of $1.60 per share, totaling $2,500,000. This issuance was conducted under the exemption provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506 of Regulation D. The company announced these private equity sales on May 21, 2026, identifying the investors as a subsidiary of Glencore plc and Madesal SpA. Both investors were existing stakeholders. The proceeds are earmarked for district consolidation and exploration, environmental, social, and governance (ESG) initiatives, and general corporate purposes. The filing also includes the form of the Securities Purchase Agreement as an exhibit.