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Chilean Metals Inc.

11:37 AM EST - Chilean Metals Inc. : Has accepted private placements on over $750,000 worth of investments in its recently announced financing. Additional placements are expected but company does not intend to accept more than $1,000,000 in total. All securities issued under the private placement will be subject to a four-month hold period in accordance with applicable securities laws. Chilean Metals Inc. shares V.CMX are trading unchanged at $0.15.