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PNPN.V ·

CMX Provides Update

Corporate Updates

Toronto

“Compan

IVV1). F

as recom

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the previ

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The Com

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announce

prepaid f

assets. T

with the

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administr

future to

and to e n

plans” co

A porti o

Company

61-101

Company

valuation

and exe m

Company

debentur

About Ch

www.chi

Chilean

Copper G

Chilean M

located in

NSR roy

, ON. Dec e

ny”)(TSX.V

Following its

mmended by

d on Novemb

iously annou

stock.

mpany also r

re. These d

ed August 2

for the one y

The additiona

TSXV.

debentures

rative expe n

announce p

nable these

ommented C

on of the $ 2

y. This con s

(Protection

y’s shares tr

n requiremen

mpt from t

y did not fi l

e by an insid

hilean Metal

ileanmetals.c

Metals Inc.

Gold prospec

Metals Inc i

n the prolific

yalty interest

ember 3rd,

:CMX, OT C

s successful

the managem

ber 23, 2018

unced and cl

reports that

ebentures a r

4, 2018) of

year term of

al debenture

were neces

nse. While h

plans which w

debentures

Chilean CEO

206,205 wi l

stitutes a re l

of Minori t

rade on the T

nts of Sectio

the minorit y

le a materi a

der of the Co

ls,

com/

is a Cana d

cts in Chile &

s 100% own

c IOCG (“Iro

t on any futu

CMX P

2018. Chil e

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annual gene

ment of the C

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re with si m

$250,000, w

the debentu

es are subje c

sary to pa y

halt traded n

will enable o

to be repai d

Terry Lync

ll be advan c

lated-party tr

ty Security

TSXV, the i

on 5.4 of MI

y approval

al change r e

ompany as it

dian Junior

& Canada.

ner of five p

on oxide-cop

ure productio

Provides Upd

ean Metals

TF, SSE:C M

eral and sp e

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pany has requ

ing for $1,63

ned an addi

milar terms t

where a fee o

ure. The Deb

ct to the Co m

y off drilli n

no equity o p

our Compan

d and addit i

h.

ced by an i

ransaction a

Holders i n

ssuance of t

61-101 purs

requirement

eport 21 da y

t had not bee

Exploration

properties co

pper-gold”)

on from the

date

Inc. (“Chil e

MX, MILA

ecial meeting

n its managem

uested from

36,390 and

tional $206,

to the earli

of 6% was p

benture is sec

mpany’s loa

ng contract o

ption was a

ny to move f

ional equity

insider (sig n

as defined u n

n Special T

the debentur

suant to Sub

ts of Secti o

ys prior to t

en contempla

n Company

omprising ov

belt of north

Copaquire C

ean Metals, ”

:CMX, FR A

g which ap p

ment inform

m the TSXV

a lift of the

,250 in fun d

er announc e

paid and int e

cured agains

an notice fi l

ors, legal f e

available. W

forward prod

capital sec u

nificant sh a

under Multila

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re is exempt

bsection 5.5(

on 5.6 of M

the propose d

ated at that t

focusing o

ver 50,000 a

hern Chile. I

Cu-Mo depo

” “CMX” o

A: IVV1, B

proved the B

mation circula

final approv

halt trade on

ding by way

ed debentu r

erest of 14%

st the Comp

ling requirem

ees, genera l

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ductively in

ure for our

areholder) o

ateral Instru

s). Becaus e

t from the f o

(b) of MI 6 1

MI 61-101.

d advance o

time.

on high pot e

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osit, recently

or the

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ar, as

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ments

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n near

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2019

f the

ument

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ormal

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of the

ential

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a 3%

y sold

to a subs

the right

property

Chilean

Nova Sc

Parrsboro

additiona

analyzing

ON BEH

Chilean M

“Terry L

Terry Ly

Contact:

The Qual

Sharry, M

Forward-

deemed

historical

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are gen e

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or condit

this doc u

and res u

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performa

Factors t

statemen

capital a

general

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differ ma

Neither t

in the po

of this re

idiary of Tec

to acquire o

borders Tec

Metals Inc

otia on the w

o, Lynn, E

al projects T

g and drillin

HALF OF TH

Metals Inc.

ynch”

ynch, CEO

terry@chile

lified Person

M.Sc. Consu

-looking St a

"forward-loo

l fact, that

statements. F

erally, but

s", "intends"

tions "will",

ument inclu d

ults. Althou

nts are base d

ance and ac t

that could c

nts include m

and financi n

economic,

nts are not g

aterially from

the TSX Ven

licies of the

elease.

ck Resource

one third of

ck’s producin

is the 100 %

western flan

conomy an

Trident at B

g these prop

HE BOARD

eanmetals.co

n for Chilean

ultant

atements: T h

oking state m

address ev e

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not alway s

", "estimates

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de statemen t

gh CMX b

d on reason a

tual results m

cause the ac

market prices

ng, inability

market or

guarantees o

m those proje

ture Exchan

TSX Venture

es Inc. (“Tec

the 3% NSR

ng Quebrada

% owner of

nk of the Co

d Bass Ri v

Bass River

perties in the

OF DIREC

om

n Metals Inc

his news r e

ments". All

ents or deve

oking statem

s, identifie d

", "projects"

may", "could

ts regardin g

believes th e

able assum p

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tual results

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to obtain r

business c o

of future pe r

ected in the

nge nor its R

e Exchange)

k”). Under t

R for $3 mi l

a Blanca cop

five Coppe r

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ver North r

and Econo m

summer of

TORS OF

c., as defined

elease may

statements i

lopments t h

ments are st a

d by the w

", "potential

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g current an d

e expectatio n

ptions, such

materially fro

to differ m

on and expl o

required re g

onditions. I

rformance a

forward-look

Regulation S

) accepts res

the terms of

llion dollars

pper mine in

r Gold Cob

dabucto Fau

respectively.

my East. C

2018.

d by Nationa

contain cer t

in this rele a

hat CMX e x

atements tha

words "exp e

" and simil a

ld" occur. F o

d future ex p

ns express e

statements

om those in

materially fr o

oration succ

gulatory or g

Investors a r

and actual r

king stateme

Services Prov

sponsibility f

the sale agre

at any time

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alt explorat i

ult Zone (C C

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Chilean Met a

al Instrument

tain statem e

ase, other t h

xpects to o c

at are not hi s

ects", "plan s

ar expression

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ploration pr o

ed in such

are not gu a

forward-loo

om those in

ess, continu

governmenta

re cautione d

esults or d e

ents.

vider (as tha

for the adequ

eement, Teck

. The Copa

st Region.

ion propert i

CFZ); Fox R

so optioned

als is expl o

t 43-101, is

ents that m a

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arantees of f

oking statem

forward-loo

ued availabili

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d that any

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uacy or accu

k has

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ies in

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ay be

nts of

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ates",

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vities

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future

ments.

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ity of

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efined

uracy