Lithium Chile Announces Life Offering of Up to $5,000,000

Core Viewpoint - Lithium Chile Inc. has announced a private placement offering of up to 10,000,000 units at a price of $0.50 per unit, aiming to raise up to $5,000,000 in gross proceeds [1][6] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.70 for five years [2] - The offering will be conducted under the listed issuer financing exemption, allowing sales in all Canadian provinces except Québec, and will not be subject to a hold period under Canadian securities laws [3] - The agents will also have the option to sell an additional 1,500,000 units for up to $750,000 in gross proceeds [1] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to advance the company's mineral properties in Argentina and Chile, as well as for general administrative expenses and working capital [6] Group 3: Closing and Regulatory Approvals - The offering is expected to close around October 7, 2025, pending necessary regulatory approvals, including from the TSX Venture Exchange [7] Group 4: Company Overview - Lithium Chile Inc. is an exploration company with a portfolio of 11 properties covering 107,936 hectares in Chile and 29,245 hectares in Argentina [9] - The company has made significant progress on its Arizaro project, including the completion of a technical report and a prefeasibility study [9]