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HPX increases Cordoba stake

Robert Friedland’s High Power Exploration has increased its stake in Cordoba Minerals (TSXV: CDB) to about 72.3%, through a US$1.3 million placement and agreeing to convert more than $2 million owed to it into shares.

HPX increases Cordoba stake HPX increases Cordoba stake HPX increases Cordoba stake HPX increases Cordoba stake HPX increases Cordoba stake

Junior to use US$1.3 million to advance San Matias

Cordoba said it had closed a US$1.3 million placement at C10.5c per share to HPX. It also issued a further 21.9 million shares for a $1.75 million debt conversion, plus a further 5.