Chilean Cobalt Corp. 8-K

What Happened Chilean Cobalt Corp. (COBA) filed an 8-K disclosing that on March 19, 2026 the board appointed Tom Diffely and Michael Caperonis as directors, each expected to serve on the Audit Committee, and that director Greg Levinson resigned the same day. The company issued a press release about these changes on March 20, 2026 (furnished as Exhibit 99.1).

Key Details

• Appointments effective March 19, 2026: Tom Diffely and Michael Caperonis named to the Board; both are expected to join the Audit Committee.
• Backgrounds: Diffely — 25+ years in finance and equity research (D.A. Davidson, Merrill Lynch), B.S. Engineering (Harvey Mudd), MBA (UC Berkeley), CFA. Caperonis — 25+ years in capital markets and trading leadership (Citi, Nomura), former Partner at Apollo, Yale B.A.
• Resignation: Greg Levinson resigned March 19, 2026; he was chair of the Audit Committee. His resignation was not due to any disagreement with the company and he will remain a supportive shareholder.
• Independence and disclosures: Company stated there are no family relationships, no arrangements related to their appointments, and no transactions requiring Item 404 disclosure for either new director.

Why It Matters Board composition and Audit Committee membership are governance matters investors watch closely. These appointments add senior capital‑markets and finance expertise to Chilean Cobalt’s board and are intended to strengthen the company’s governance profile as it evaluates a potential future uplisting to a national securities exchange. The departure of the Audit Committee chair is voluntary and described as amicable; the company signaled continuity by naming experienced replacements.