Cordoba Minerals

Initial Cash Proceeds of US $88 Million to be Paid on Closing with an Additional US $12 Million Paid upon Commercial Production US $100 Million Purchase Price Represents a Value per Cordoba Minerals Corp. Common Share of US $1.10 or CDN $1.52 Ivanhoe Electric Anticipates Receiving a Cash Distribution of Over US $40 Million from the Initial Proceeds Phoenix, Arizona--(Newsfile Corp. - May 8, 2025) - Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) ("Ivanhoe Electric") Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that Ivanhoe Electric's 63%-owned subsidiary, Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ("Cordoba") has signed a definitive Framework Agreement (the "Agreement") for the sale of the remaining 50% of the Alacrán Copper Project to a consortium of investors including JCHX Mining Management Co., Ltd. ("JCHX"), a 19.8% shareholder of Cordoba, for US $88 million in cash on closing, US $12 million in a deferred payment, and up to US $28 million in a contingent payment (the "Transaction").» Mehr auf newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) or ("Cordoba" or the "Company"), is pleased to announce new appointees to the Company's Board of Directors. The Company welcomes Mr.» Mehr auf newsfilecorp.com

Cordoba Minerals Corp (TSX-V:CDB, OTCQB:CDBMF) said it has received $10 million in bridge financing from affiliates of its joint venture partner, JCHX Mining Management Co Ltd. The financing, provided through two $5 million loans, will support the continued advancement of Cordoba's mineral projects, including detailed engineering design work at its Alacran copper-gold-silver project in Colombia, the company said in a statement.» Mehr auf proactiveinvestors.com