Chilean Cobalt Corp. Announces Re-Election of Directors

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Chilean Cobalt Corp. (OTCQB:COBA) announced the successful re-election of four directors - Geraldine Barnuevo, Fiona Clouder, Greg Levinson, and Andy Sloop - for three-year terms. The company's Chairman and CEO, Duncan T. Blount, was not up for re-election this year. The Board expressed gratitude to shareholders for their support and emphasized their commitment to developing and executing the company's strategy to deliver shareholder value.

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BERWYN, PA / ACCESS Newswire / May 2, 2025 / Chilean Cobalt Corp. (OTCQB:COBA) ("Chilean Cobalt" or the "Company") is pleased to announce that the Company's shareholders have consented to the re-election of Geraldine Barnuevo, Fiona Clouder, Greg Levinson, and Andy Sloop for continuing three-year terms. Chairman and CEO, Duncan T. Blount, was not up for re-election in this calendar year.

Chilean Cobalt's Board of Directors would like to thank the Company's shareholders for their continued support and active engagement. The Company's capable Board possesses the experience and skills required to continue developing and executing Chilean Cobalt's strategy, and in delivering shareholder value.

This press release does not constitute an offer or sale of, or the solicitation of an offer to buy, securities of the Company nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Chilean Cobalt Corp.

Chilean Cobalt Corp. ("Chilean Cobalt") is a US-based and US-listed critical minerals exploration and development company focused on the La Cobaltera cobalt-copper project, located in the past-producing San Juan District in northern Chile, one of the world's few primary cobalt districts known globally. Chilean Cobalt has a deliberate focus on building a dynamic and sustainable business with an emphasis on applying leading environmental stewardship, social engagement, and corporate governance practices to its strategy.

Safe Harbor Statement

This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results), and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan", and other similar expressions. Examples of forward-looking statements include, among other, statements the Company makes regarding its ability to enter into a definitive agreement with Glencore and/or USSM for strategic partnership(s) as provided for in the LOI(s), ability to establish "Proven" or "Probable" Reserves, as defined by the SEC under Industry Guide 7, through the completion of a Definitive Feasibility Study for the minerals that the Company seeks to produce and the inherent risks of mining exploration, development, and processing operations that may negatively impact the business. Consequently, the Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the Company. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

CONTACTS:

Chilean Cobalt Corp.
Duncan T. Blount
Chairman & CEO
Duncan.Blount@chileancobaltcorp.com

SOURCE: Chilean Cobalt Corp.

View the original press release on ACCESS Newswire

FAQ

Who are the re-elected directors of Chilean Cobalt Corp (COBA) in 2025?

The re-elected directors of Chilean Cobalt Corp are Geraldine Barnuevo, Fiona Clouder, Greg Levinson, and Andy Sloop, each serving three-year terms.

Is Duncan T. Blount still the CEO of Chilean Cobalt Corp (COBA)?

Yes, Duncan T. Blount remains the Chairman and CEO of Chilean Cobalt Corp, as he was not up for re-election in 2025.

What is the trading symbol and exchange for Chilean Cobalt Corp?

Chilean Cobalt Corp trades on the OTCQB market under the symbol COBA.

How long are the terms for the re-elected directors of Chilean Cobalt Corp?

The re-elected directors will serve continuing three-year terms on the board.