Cordoba Minerals Corp. announces that it intends to issue an aggregate of 3,713,687 common shares of the Company at a price of C$0.0895 per First Tranche Share representing an aggregate value of approximately C$332,375 to two arm's length parties pursuant to the terms of subscription agreements between the Company and each of the Subscribers . The Subscription Agreements were entered into in connection with Cordoba [...]
March 25, 2020: Cordoba Minerals Corp. today announces that it is closely monitoring the impact of the Coronavirus disease and is prepared for the potential short-term impacts on its development and exploration projects. Cordoba's primary focus remains on the health and safety of all its employees and contractors as well as its host communities. To this end, all staff and contractors in Colombia, the United States and [...]
Cordoba Minerals Corp. announces that at the Special Meeting of Shareholders held today, shareholders voted to increase the number of Directors to six and elected Mr. Luis Valencia Gonzales as a Director of the Company to fill the vacancy created by the increase, to hold such office until the Company's next annual general meeting. The voting results were as follows: Resolution For Against To increase the number of [...]
Accelerated Development of San Matias Copper-Gold-Silver Project in Colombia; Geophysical Survey Underway at Perseverance Copper Project in Arizona, USA Cordoba Minerals Corp. today announced its upcoming work program for 2020 at the San Matias Copper-Gold-Silver Project in Colombia and the Perseverance Copper Project in Arizona, USA. At San Matias, Cordoba plans on accelerating development of the Alacran deposit and has [...]
Cordoba Minerals Corp. announced today the completion of the strategic equity investment totalling approximately C$11 million by JCHX Mining Management Co., Ltd. . Cordoba has issued 91,372,536 common shares to JCHX through a private placement at a price of C$0.12 per share. With the completion, JCHX now owns approximately 19.9% of Cordoba's issued and outstanding common shares, and High Power Exploration Inc. remains [...]
Cordoba Minerals Corp. today provided an update on the timing of the expected completion of the strategic equity investment totalling approximately C$11 million by JCHX Mining Management Co., Ltd. . As per Cordoba's news release dated November 18, 2019, Cordoba will issue 91,372,536 common shares to JCHX through a private placement at a price of C$0.12 per share. Completion of the strategic equity investment is expected [...]
JCHX will Invest C$11M to Advance the San Matias Copper-Gold-Silver Project in Colombia; JCHX to Acquire a 19.9% Stake in Cordoba Minerals Cordoba Minerals Corp. announced today that JCHX Mining Management Co., Ltd. has agreed to make a strategic investment in the Company, acquiring a 19.9% stake in Cordoba to advance the San Matias Copper-Gold-Silver Project in Colombia. Under the terms of the strategic cooperation and [...]
Cordoba Minerals Corp. announced today that the Company has arranged for a short-term loan of US$425,000 from its majority shareholder, High Power Exploration Inc. . The Loan is in addition to the US$500,000 short-term loan provided by HPX in September 2019 . The Loan has been provided in the form of a grid promissory note and bears interest at 10%, compounding only at maturity. The interest rate will increase to 12% per [...]
Cordoba Minerals Corp. announced today that the Company has arranged for a short-term loan of US$500,000 from its majority shareholder, High Power Exploration Inc. . The Loan has been provided in the form of a grid promissory note and bears interest at 10%, compounding only at maturity. The interest rate will increase to 12% per annum in the event that Cordoba does not repay the amount owing upon the December 31, 2019 [...]
Cordoba Minerals Corp. announced today that the Company, and its majority shareholder High Power Exploration Inc. , have agreed to convert the principal and interest owed to HPX under short-term indebtedness obligations into common shares of the Company . The total owed to HPX is US$2.94 million , arising from advances under a promissory note and deferral of the fourth payment instalment under the Alacran option. As such [...]
Cordoba Minerals Corp. announced today that, further to its news release dated July 29, 2019, the Company has filed a National Instrument 43-101 technical report and Preliminary Economic Assessment for the San Matias Copper-Gold-Silver Project in Colombia. The NI 43-101 technical report and PEA was independently prepared for Cordoba by Nordmin Engineering Ltd. with the assistance of Environmental Applications Group Inc [...]
Cordoba Minerals Corp. today announces that it has granted an aggregate of 1,384,614 Deferred Share Units and 461,538 stock options to non-executive directors pursuant to the Company's Deferred Share Unit Plan and Stock Option Plan. The stock options are exercisable at a price of C$0.065 per share and will vest as to one third on each of August 20, 2020, August 20, 2021 and August 20, 2022. The stock options expire on [...]
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