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Cordoba Minerals Corp V.CDB

Alternate Symbol(s):  CDBMF

Cordoba Minerals Corp. is a Canada-based company mineral exploration company that is focused on the exploration, development and acquisition of copper and gold projects. The Company is developing its 100% owned San Matias Copper-Gold-Silver Project, which includes the Alacran Copper-Gold-Silver Deposit and satellite deposits at Montiel East, Montiel West and Costa Azul. The San Matias Project is located in the Department of Cordoba, Colombia. The San Matias Copper-Gold-Silver Project is located in the municipality of Puerto Libertador, Department of Cordoba, Colombia, 390 kilometers (km) northwest of Bogotaa and approximately 160 km north of Medellin. The Company also holds a 51% interest in the Perseverance Porphyry Copper Project in Arizona, United States America. Its San Matias comprises mining titles covering over 146.62 square kilometers and has an additional 893.91 square kilometers of mining titles under application.


TSXV:CDB - Post by User

Post by RockLobster1on Sep 19, 2020 10:40am
145 Views
Post# 31586810

Moving up

Moving up
This stock rallied well from Nov to Feb and then things fell apart with Corona...  looks like we are still on track and the stock is catching up..

from Nov-Jan they got a strategic investment at 12 cents... and are 80% owned by 2 companies that must see that this will be a profitable mine.

Seems a good thing to ride on their coattails as it gets developed. 


Vancouver, British Columbia--(Newsfile Corp. - January 2, 2020) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ("Cordoba" or the "Company") 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. ("JCHX").

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 in January 2020.

Upon closing of the private placement, JCHX will own approximately 19.9% of Cordoba's issued and outstanding common shares, and High Power Exploration Inc. ("HPX") will remain Cordoba's majority shareholder and its ownership will reduce to approximately 60%.

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