Chilean Metals Inc. Announces Engagement of Red Cloud
CHILEAN METALS INC. ANNOUNCES ENGAGEMENT OF RED CLOUD
TORONTO, ON –June 10, 2026 -- Chilean Metals Inc. (“Chilean” or the “Company”) announces that
it has engaged Red Cloud Securities Inc. (“Red Cloud”) to provide market stabilization and liquidity
services to the Company in accordance with the policies of the TSX Venture Exchange (“TSXV”). Red
Cloud is a Toronto-based financial services company that provides assistance to mineral exploration
and mining companies in accessing capital markets and enhancing their corporate profile. Red
Cloud will trade shares of the Company on the TSXV for the purposes of maintaining a reasonable
market and improving the liquidity of the Company’s common shares.
Under the agreement, the Company will pay Red Cloud $5,000 per month during the term, payable
monthly in advance. The term of engagement is ongoing and may be terminated by either party on 30
days’ prior written notice. The Company and Red Cloud have an arm’s length relationship, but Red
Cloud and/or its clients may have an interest, directly or indirectly, in the securities of Chilean. The
agreement is principally for the purposes of maintaining market stability and liquidity for the
Company’s common shares. The agreement is subject to the Company’s filing requirements with
TSXV . Red Cloud commenced its engagement with the Company on March 1, 2026.
About Chilean Metals Inc.
On February 3, 2025 Chilean Metals completed a plan of arrangement with Power Nickel Inc. (now
called Power Metallic Mines Inc.), pursuant to which it acquired a 100% legal and beneficial interest
in the Golden Ivan property. The Golden Ivan property is located in Terrace, British Columbia and
comprises 13 mineral claims, covering a total area of 797 hectares. Chilean Metals also owns
interests in the Zulema, Tierra de Oro, Palo Negro, Hornitos and Tabaco projects located in Chile.
Mr. Conor Lynch, CEO and Director, Chilean Metals Inc.
Phone: 416-399-0984
E-mail: [email protected]
Cautionary Note Regarding Forward-Looking Statements
This message contains certain statements that may be deemed “forward-looking statements” concerning the
Company within the meaning of applicable securities laws. Forward-looking statements are statements that
are not historical facts and are generally, but not always, identified by the words “expects,” “plans,”
“anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential,” “indicates,” “opportunity,”
“possible” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should”
occur. Although the Company believes the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of future performance, are subject to
risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking
statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for
TSX Venture Exchange approval of the liquidity arrangement with Red Cloud.