Core Viewpoint - Lithium Chile Inc. is progressing towards finalizing the sale of its Arizaro Project in Salta Province, Argentina, with significant advancements in due diligence and agreement negotiations [1][2][4][6]. Due Diligence and Agreement Progress - A binding letter of intent (LOI) was signed on December 16, 2024, and the company has made steady progress towards a definitive agreement [2]. - Operational due diligence was completed in February 2025, followed by the first draft of the definitive agreement being delivered [3]. - Financial and legal due diligence was completed by internationally recognized advisors in June 2025, allowing legal teams to address final terms [3][4]. Special Committee Review - A Special Committee of independent directors has been overseeing the transaction and has submitted the draft agreement to the TSX Venture Exchange for regulatory feedback [5]. - This submission marks a significant step towards finalizing the definitive agreement [5]. Company Statements - The President & CEO of Lithium Chile stated that most key commercial terms have been agreed upon, and the transaction is in its final stages [6]. - The buyer will submit the definitive agreement to its regulatory body for approval, indicating ongoing commitment from both parties to complete the transaction [6]. Company Overview - Lithium Chile Inc. holds a portfolio of 11 properties covering 106,136 hectares in Chile and 29,245 hectares in Argentina [7]. - The company has advanced its Arizaro project with a compliant Resource Report, Preliminary Economic Assessment, and Prefeasibility Study available on SedarPlus.ca [8].