Lithium Chile Inc. (TSXV: LITH | OTC-QB: LTMCF) has announced the resignation of Chief Operating Officer Michelle DeCecco, effective September 25, 2026. DeCecco is stepping down to dedicate her attention to her role as Chief Executive Officer of Kairos Gold Inc. (TSXV: KIRO). The company has confirmed that DeCecco will remain available in a consulting capacity to provide continuity and preserve her institutional knowledge of Lithium Chile's properties.

Key Points

  • Lithium Chile Inc. (TSXV: LITH | OTC-QB: LTMCF) announced the departure of its Chief Operating Officer
  • Michelle DeCecco resigned effective September 25, 2026, to focus on her CEO role at Kairos Gold Inc. (TSXV: KIRO)
  • DeCecco has agreed to remain available to Lithium Chile in a consulting capacity following her departure
  • Investors may be watching for any announcement regarding a permanent COO appointment or changes to executive leadership

DeCecco Departs After Contributions to Lithium Chile's Advancement

The Board of Directors and management of Lithium Chile expressed appreciation for DeCecco's contributions, citing her dedication and commitment to the company and its shareholders. The release states that her departure is voluntary and driven by her desire to devote full attention to leading Kairos Gold Inc., a separate exploration company. The company did not disclose how long DeCecco held the COO position or provide specific details about what operational responsibilities she managed during her tenure at Lithium Chile.

Consulting Arrangement Preserves Operational Continuity at Lithium Chile

To support a smooth transition, DeCecco has agreed to remain available to Lithium Chile in a consulting capacity following her resignation. The announcement indicates this arrangement is intended to allow the company to continue benefiting from her familiarity with its property portfolio. The company did not disclose the duration, financial terms, or specific scope of this consulting arrangement. No interim COO appointment or executive search process was mentioned in the release, leaving the leadership structure partially open for investors to monitor.

Lithium Chile's Chilean and Argentine Property Portfolio Remains the Focus

Lithium Chile describes itself as an exploration company holding 11 properties covering 106,136 hectares in Chile and 29,245 hectares on the Salar de Arizaro in Argentina. The company has completed an NI 43-101 compliant Resource Report, a Preliminary Economic Assessment, and a Prefeasibility Study on its Arizaro project. The leadership change does not appear to affect the company's disclosed project status based on information in the announcement. The immediate share price impact was not clear from available public information.