TNA posted the following statement on their website

TNA Wrestling regrets to inform our fans who bought tickets to the shows this weekend in Santiago, Chile and Buenos Aires, Argentina that the shows have been canceled. The Event Organizer did not fulfill their contractual obligations to TNA, thus canceling the shows. Please apply for ticket refunds at the point of purchase. We sincerely regret the inconvenience.

Devin Cutting contributed to this article. Follow Raj Giri on Twitter at @RajGiri_303. Got a news tip or correction? Send it to us by clicking here.