Cordoba Minerals (TSXV: $CDB.V) and High Power
Exploration to Consolidate the San Matias Project to Create a Leading
#Copper-Gold Company in #Colombia
@CordobaMinerals; Cordoba Announces
Concurrent Bought Deal Equity Financing
TORONTO,
ONTARIO--(Cordoba Minerals Corp. ("Cordoba" or the "Company") (TSX VENTURE:CDB) is pleased to announce that it has entered into a
definitive agreement (the "Agreement") with High Power Exploration Inc. ("HPX"), whereby Cordoba will acquire (the "Transaction") HPX's 51% interest in the San Matias Joint
Venture ("San
Matias") through the acquisition
of HPX Colombia Ventures Ltd. ("Ventures"), a wholly-owned subsidiary of HPX, for consideration of
92,681,290 Cordoba common shares (the "Consideration").
Read this release in full at http://www.investorideas.com/CO/CDB/news/2017/06141SanMatiasProject.asp
About
Cordoba Minerals:
Cordoba Minerals Corp. is a Toronto-based mineral
exploration company focused on the exploration and acquisition of copper and
gold projects in Colombia. Cordoba has a joint venture with High Power
Exploration on the highly prospective, district-scale San Matias Copper-Gold
Project located at sea level with excellent infrastructure and near operating
open-pit mines in the Department of Cordoba. For further information, please
visit www.cordobaminerals.com.
About
High Power Exploration (HPX):
HPX is a privately owned, metals-focused exploration
company deploying proprietary in-house geophysical technologies to rapidly
evaluate buried geophysical targets. The HPX technology cluster comprises
geological and geophysical systems for targeting, modelling, survey
optimization, acquisition, processing and interpretation. HPX has a highly
experienced board and management team led by Co-Chairman and Chief Executive
Officer Robert Friedland, President Eric Finlayson, a former head of
exploration at Rio Tinto, and co-chaired by Ian Cockerill, a former Chief
Executive Officer of Gold Fields Ltd. For further information, please visit www.hpxploration.com.
Cordoba Minerals Corp. (TSXV:
$CDB.V; OTCQX: $CDBMF) is a featured
mining stock on Investorideas.com
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for June 2017
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