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An update from Cordoba Minerals ( (TSE:CDB) ) is now available.
Cordoba Minerals Corp. has secured a US$10 million bridge financing from its joint venture partner, JCHX Mining Management Co., Ltd. The funds will support the advancement of the Alacran Copper-Gold-Silver Project in Colombia, specifically for detailed engineering design work and general corporate purposes. This financing ensures the continuation of Cordoba’s mineral advancement projects and strengthens its position in the industry, moving the Alacran Project closer to the construction phase.
More about Cordoba Minerals
Cordoba Minerals Corp. is a mineral exploration company that focuses on the exploration, development, and acquisition of copper and gold projects. The company is actively involved in the Alacran Project in Colombia through a joint venture with JCHX Mining Management Co., Ltd. Cordoba also holds a majority interest in the Perseverance Copper Project in Arizona, USA.
YTD Price Performance: -4.05%
Average Trading Volume: 11,146
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$35.82M
For a thorough assessment of CDB stock, go to TipRanks’ Stock Analysis page.