Glencore

Chilean Cobalt Corp. closed a brokered private placement on Dec 3 2025, raising $3 million by issuing 6 million common shares at $0.50 each to a Glencore subsidiary and Madesul. DA Davidson acted as lead agent. Net proceeds will fund exploration at La Cobaltera and El Cofre, district consolidation, ESG due‑diligence, and general corporate needs. The strategic investors bring critical‑minerals expertise, market reach, and local operational capability, supporting the company’s growth in Chile’s emerging cobalt sector.