Lithium Chile arranges $5-million private placement

Executive Summary

• Lithium Chile Inc. announced a best‑effort private placement for up to 10 million units at $0.50 per unit, targeting gross proceeds of up to $5 million.
• The company granted agents an option to sell an additional 1.5 million units (up to $750,000) at the same price.
• Proceeds will be used to advance mineral properties in Argentina and Chile, fund general & administrative expenses, and provide working capital.

Key Details

• Units Offered: Up to 10 million units; each unit = 1 common share + 1 common‑share purchase warrant.
• Pricing: $0.50 per unit (aggregate gross proceeds up to $5 M).
• Agent Option: Right to sell up to an additional 1.5 million units at the same price, adding up to $750 k in gross proceeds.
• Warrant Terms: Each warrant allows purchase of one common share at $0.70 per share for five years post‑closing.
• Exemptions Used: Listed issuer financing exemption under NI 45‑106 (Part 5A) and Coordinated Blanket Order 45‑935; no hold period in Canada (except Quebec).
• U.S. & Other Jurisdictions: Units may be offered under applicable U.S. securities exemptions and other qualifying jurisdictions on a private‑placement basis.
• Closing Date: Expected on or about Oct 7, 2025, subject to regulatory approvals including TSX Venture Exchange consent.
• Use of Proceeds: Advance existing mineral properties in Argentina & Chile; cover general and administrative expenses; provide working capital.
• Lead Agent/Bookrunner: Canaccord Genuity Corp., acting as lead agent and sole bookrunner for the syndicate.

Notable Quotes

(No direct quotes provided in the release.)