News release
Toronto
(TSX.V:C
The TSX
review and
Chilean M
$1,171,590
purchase w
five years.
and a sha r
over the ne
The Comp
of $640,00
Chilean ha
with the tra
the offering
Proceeds w
previously
$460,000.
“This finan
on our No v
Castlereag
addition w
Economy
Chilean CE
, ON. July 0
CMX, OTCQ
Venture Exch
d approval of th
Metals Inc. h a
0 was receive d
warrant. The w
An additional
re purchase w a
ext five years.
pany intends to
00 via flow thro
as paid brokera
ansaction. Eac
g under the sam
will be used t o
announced d
ncing will clea
va Scotia proj e
h Project. As s
we have comm e
East. We exp e
EO Terry Lync
Chilea
05, 2018 Chi
QB: CMETF
ange has not
he TSX Ventur
as closed as o
d under the $0
warrant and $0.
$465,000 of f
arrant. The wa r
o keep the offer
ough and $1,50
age fees of $15
h broker warra
me terms and c
o fund explor a
debt settleme n
an up our balan
ects. We have
says have bee n
enced airborne
ect to follow t
ch
an Clarifies
ilean Metals
F, SSE:CMX
approved the
re Exchange.
of today subs
.12 hard-dollar
18 will entitle
flow through un
rrant and $0.1
ring open until
00,000 via dire
,792 to eligible
ant will entitle
conditions as th
ation on the C
nt of approxi m
nce sheet and e
completed Ph
n sent to Actl a
e surveys over
that up with g
s June 8th P
s Inc. (“Chile
X, MILA: CM
closing of th e
criptions and
r Unit financi n
investors to a
nits was sold.
8 will entitle i
l the sooner o f
ect unit investm
e brokers and w
the holder for
he $0.12 unit.
Companies pr o
mately $230,0 0
nable us to fas
hase 1 drilling
abs for analys i
our recently o
ground IP lat e
Press relea
ean Metals,”
MX).
e transaction a
funds totali n
ng which pro v
acquire a comm
The Unit price
investors to a c
f July 26th or it
ment.
will issue 120,8
the next 18 m
ojects in Nov a
00 and to re p
st track drilling
on initial proj e
is with an ex p
optioned projec
er this summe r
ase
” “CMX” or
and the financ i
ng $1,636,390
vided investors
mon share at a n
e was $0.16 wh
cquire a com m
ts receipt of it s
800 broker wa
months to acquir
a Scotia and C
pay debentur e
g and drilling d
ect in Nova S c
pectation of re
cts Trident (B a
r and drilling
the “Compa
ing is subject
dollars. Of w
s a share and a
nytime over th
hich includes a
mon share at a n
s original state
arrants in conju
re additional u
Chile and to p
es of approxi m
decisions partic
cotia, the Bas s
sults in late J u
ass River Sout h
in Q3.” com m
any”)
to the
which,
a share
he next
a share
nytime
ed goal
unction
units in
ay the
mately
cularly
s River
uly. In
th) and
mented
4844-3770-7
About Ch
www.chi
Chilean
Copper G
Chilean M
located in
NSR roy
to a subs
the right
property
Chilean M
on the w
Economy
116, v. 2
hilean Metal
ileanmetals.c
Metals Inc.
Gold prospec
Metals Inc i
n the prolific
yalty interest
idiary of Tec
to acquire o
borders Tec
Metals Inc is t
estern flank
and Bass Riv
ls,
com/
is a Cana d
cts in Chile &
s 100% own
c IOCG (“Iro
t on any futu
ck Resource
one third of
ck’s producin
the 100% ow
of the Cob e
ver North res
dian Junior
& Canada.
ner of five p
on oxide-cop
ure productio
es Inc. (“Tec
the 3% NSR
ng Quebrada
wner of five C
quid-Chedabu
spectively. It h
Exploration
properties co
pper-gold”)
on from the
k”). Under t
R for $3 mi l
a Blanca cop
opper Gold C
ucto Fault Z
has also optio
n Company
omprising ov
belt of north
Copaquire C
the terms of
llion dollars
pper mine in
Cobalt explor
Zone (CCFZ)
oned two add
focusing o
ver 50,000 a
hern Chile. I
Cu-Mo depo
the sale agre
at any time
Chile’s Firs
ration propert
; Fox River,
ditional projec
on high pot e
acres strategi
It also owns
osit, recently
eement, Teck
. The Copa
st Region.
ties in Nova S
Parrsboro, L
cts Trident at
ential
ically
a 3%
y sold
k has
aquire
Scotia
Lynn,
t Bass
4844-3770-7
River an d
summer o
ON BEH
Chilean M
“Terry L
Terry Ly
Contact:
Forward-
deemed
historical
looking s
are gen e
"believes
or condit
this doc u
and res u
statemen
performa
Factors t
statemen
capital a
general
statemen
differ ma
The Quali f
Consultant
Neither t
in the po
of this re
116, v. 2
d Economy E
of 2018.
HALF OF TH
Metals Inc.
ynch”
ynch, Chairm
terry@chile
-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
fied Person f o
t
the TSX Ven
licies of the
elease.
East. Chilea n
HE BOARD
man & CEO
eanmetals.co
atements: T h
oking state m
address ev e
Forward-loo
not alway s
", "estimates
"would", "m
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
or Chilean Me t
ture Exchan
TSX Venture
n Metals is e x
OF DIREC
om
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
may differ m
tual results
s, exploitatio
to obtain r
business c o
of future pe r
ected in the
tals Inc., as d e
nge nor its R
e Exchange)
xploring, an a
TORS OF
elease may
statements i
lopments t h
ments are st a
d by the w
", "potential
d" or "shoul
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
efined by Nat i
Regulation S
) accepts res
alyzing and d
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
ional Instrum e
Services Prov
sponsibility f
drilling thes e
tain statem e
ase, other t h
xpects to o c
at are not hi s
ects", "plan s
ar expression
orward-look
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.
ent 43-101, is
vider (as tha
for the adequ
e properties i
ents that m a
han stateme n
ccur, are fo r
storical fact
s", "anticip a
ns, or that e
king statemen
ograms, acti v
forward-loo
arantees of f
oking statem
forward-loo
ued availabili
al approval s
d that any
evelopments
Mick Sharry,
at term is d ef
uacy or accu
in the
ay be
nts of
rward
s and
ates",
events
nts in
vities
oking
future
ments.
oking
ity of
s and
such
may
M.Sc.
efined
uracy