News: Cordoba investor Dias acquires 8.71 million sharesCordoba investor Dias acquires 8.71 million shares 2015-01-27 12:03 ET - News Release Mr. Paul Dias reports DIAS ACQUIRES SECURITIES OF CORDOBA MINERALS CORP On March 28, 2014, Paul Dias of 2831 St. Rose Pkway, No. 265, Henderson, Nev., 89052, acquired beneficial ownership of 8,718,270 common shares of Cordoba Minerals Corp., representing 14.8 per cent of the then outstanding shares, and 625,850 common share purchase warrants of the company. In the event that the offeror exercised the warrants in full, the offeror would beneficially own a total of 9,344,120 shares of the company, or approximately 15.7 per cent of the company's then issued and outstanding shares, assuming no other shares of the company are issued. The shares and warrants were acquired by Minatura International LLC and Minatura Gold, entities of which the offeror is a direct and indirect 60-per-cent shareholder. The shares and warrants were acquired by the corporate shareholders in their capacity as a shareholder of Cordoba Holdings Corp., a private company, in accordance with a plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which Cordoba Holdings was amalgamated with Sabre Metals Inc. and 0992961 B.C. Ltd. and, in exchange for their securities of Cordoba Holdings, shareholders of Cordoba Holdings received shares and warrants of the company and cash consideration. The shares were issued at a deemed price of 42 cents per share. As required by the TSX Venture Exchange, the offeror and the corporate shareholders entered into a voting trust agreement which, among other things, restricts the ability of the grantors to vote that number of shares which they hold directly or indirectly, and which exceed 9.9 per cent of the issued and outstanding shares. In accordance with the terms of the voting trust agreement, William Orchow, a director of the company, has been granting voting power and control over the subject shares. In accordance with the policies of the TSX-V, the shares and warrants are also subject to a Tier 2 value security escrow agreement. The offeror acquired the shares and warrants pursuant to the plan of arrangement. The offeror may, in the ordinary course of business, acquire additional securities of the company for investment purposes. On May 22, 2014, the company's shares were consolidated on a 2:1 basis. All figures in this news release are shown postconsolidation. To obtain a copy of the report filed pursuant to applicable securities regulations in connection with the foregoing, please contact the Kelly Barker Minatura Group at suite 200, 31225 La Baya Dr., Westlake Village, Calif., 91362, or call 805-557-9200.