Cordoba Minerals (TSE:CDB) has released an update.
Cordoba Minerals has secured a US$10 million bridge financing arrangement with JCHX Mining Management to advance its Alacran Copper-Gold-Silver Project in Colombia. The funding will support engineering design work and general corporate purposes, with interest rates set at 10% for the first six months. This strategic partnership aims to propel the Alacran Project toward becoming Colombia’s next copper mine.
For further insights into TSE:CDB stock, check out TipRanks’ Stock Analysis page.