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PNPN.V ·

Chilean Metals Announces Management Reorganization

Corporate Updates

Toronto,

(TSX.V:C

Toronto b

resigned t

effect on

particular

members

Lynch wil

Terry Lyn

Gary for t

and in pr o

Company

Mr. Crui c

Company

Company

their past

Cruicksha

of 4 mont

About Ch

www.chil

Chilean M

prospects

Chilean M

the proli f

interest o

Teck Res

third of t

producing

Chilean M

western f

Chile

ON. Marc h

CMX, OTCQB

based Chilea n

their respecti

February 28,

the cobequid

of the Com p

ll replace Mr.

nch, Chilean

their services

omoting and

y’s Nova Scot

ckshank and

y stock optio n

y shares to M

services and

ank and Mr. L

ths from issua

hilean Metals,

leanmetals.co

Metals Inc. is

in Chile & C

Metals Inc is 1

fic IOCG (“I r

n any future

ources Inc. ( “

the 3% NS R

g Quebrada B

Metals Inc is t

flank of the C

an Metals

h 14, 2018 C

B: CMETF, S

n Metals Inc .

ve positions

2018 in orde

d fault project

pany until t h

. Cruickshank

Metals chairm

s to the Com p

developing c

ia projects, in

Mr. Lohman

ns effective F

r. Cruickshan

the cancellat

Lohman are su

ance.

om/

a Canadian J

Canada.

100% owner o

ron oxide-co p

production f

“Teck”). Und

R for $3 mi l

lanca copper

the 100% ow

Cobequid-Che

 Announce

Chilean Met a

SSE:CMX, M

. announced

as the Com p

er to focus th e

ts in the area.

he Company’

k as the Comp

man and ne w

pany. We loo k

cobequid faul

ncluding the B

have each h

February 28 ,

nk and 666,6 6

ion of their st

ubject to TSX

Junior Explor

of five proper

pper-gold”) b

from the Co p

der the terms

llion dollars

mine in Chil

wner of four C

edabucto Fa u

es Manage

als Inc. (“Ch i

MILA: CMX).

today that P a

pany’s Chief E

eir attention o

. Mr. Cruicks

s next AG M

pany’s CEO.

w CEO com m

k forward to

lt projects in

Bass River pr

have agreed t

, 2018. Chi l

67 Company

tock options.

X Venture Ex

ration Compa

rties comprisi

belt of north e

paquire Cu- M

of the sale a g

at any time .

e’s First Regi

Copper Gold e

ult Zone (C C

ement Reo

ilean Metals,

.

atrick Cruic k

Executive O f

on other mine

shank and Mr

M. Current C

mented, “We w

continuing to

Nova Scotia,

roject.”

to the cancel l

lean Metals

shares to M r

The issuance

xchange appro

any focusing

ing over 50,0

ern Chile. It

Mo deposit, r e

greement, Te

. The Copa q

ion.

exploration p

CFZ); Fox Ri v

organizatio

,” “CMX” o r

kshank and G

fficer and V P

eral interests

r. Lohman w

Chilean Met a

would like to

o work with t

, which will g

lation of all o

has agreed t

r. Lohman a s

e of the Comp

oval and will

on high pot e

00 acres strat

also owns a

ecently sold

eck has the r i

quire proper t

roperties in N

ver, Parrsbo r

on  

r the “Comp

Gary Lohma n

P Exploration

in Nova Sco

ill remain as

als chairman

thank Patrick

them on our b

greatly benef

of their resp e

to issue 1,33

s consideratio

pany shares t

bear a hold p

ential Copper

tegically loca

a 3% NSR r o

to a subsidi a

ight to acqui r

ty borders T

Nova Scotia o

ro, Lynn and

any”)

n have

n with

tia, in

board

Terry

k and

board

fit the

ective

3,333

on for

o Mr.

period

Gold

ted in

oyalty

ary of

re one

Teck’s

on the

Bass

River Nor

River N o

mineraliza

Minotaur

drilling.

ON BEHA

Chilean M

“Terry Ly

Terry Lyn

Contact: t

Forward-l

"forward-

address e v

looking st

by the w o

and simila

Forward-l

programs,

looking s

performan

that could

market p r

inability

business

performan

forward-lo

Neither th

policies of

rth respective

orth, airborn e

ation exposed

(Australia) i

ALF OF THE

Metals Inc.

ynch”

nch, CEO

terry@chilean

looking Stat e

-looking state

vents or dev e

tatements are

ords "expect s

ar expression

looking statem

, activities a n

tatements ar e

nce and actu a

d cause the a c

rices, exploi t

to obtain re q

conditions. I

nce and act u

ooking statem

he TSX Vent u

f the TSX Ven

ely. Initial ta r

e geophysic s

d at surface a

identified 3 p

E BOARD OF

nmetals.com

ements: This

ements". All s

elopments th

statements th

s", "plans", " a

ns, or that ev e

ments in this

nd results. A

e based on r e

al results ma y

ctual results t

tation and e x

quired regul a

Investors ar e

ual results o r

ments.

ure Exchange

nture Exchang

rgeting and g

s identified a

and in drill h

priority targ e

F DIRECTOR

news releas

statements in

at CMX exp

hat are not hi

anticipates",

ents or condi t

document inc

Although CM X

easonable as s

y differ mat e

to differ mat e

xploration s u

atory or gov

cau tioned t

r developme n

e nor its Reg u

ge) accepts re

eophysics ha

a major VT E

holes to the s o

ets recomme n

RS OF

e may cont a

this release,

ects to occu r

storical facts

"believes", " i

tions "will",

clude stateme

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sumptions, s u

erially from t h

erially from t

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that any suc h

nts may dif f

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esponsibility f

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ents regarding

he expectati o

uch stateme n

hose in forw a

those in for w

nued availa b

pprovals and

h statements

fer materiall y

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for the adequ

ucted on all p

on trend w i

odeling of th e

und-based g e

tatements th a

tatements of h

d looking st a

erally, but not

timates", "pr o

ay", "could"

g current and

ons expresse d

nts are not g u

ard-looking s

ward-looking

bility of cap i

general ec o

s are not gu

y from thos e

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uacy or accur

properties, At

ith the Pb/ Z

e airborne d a

eophysics pr i

at may be d e

historical fact

atements. Fo r

t always, iden

ojects", "pot e

or "should" o

d future explo

d in such fo r

uarantees of f

statements. Fa

statements in

ital and fina n

onomic, mar k

arantees of f

e projected i

m is defined

racy of this re

t Bass

Zn/Ag

ata by

ior to

eemed

t, that

rward-

ntified

ential"

occur.

ration

rward-

future

actors

nclude

ncing,

ket or

future

in the

in the

elease.