CAPITAL MARKETS

HPX backs Cordoba's C$21.5M raising

Cordoba Minerals (TSXV: CDB) says major shareholder, Robert Friedland’s High Power Exploration (HPX), has entered a standby commitment for its C$21.5 million rights offering so the explorer can make the final payment on its key Alacran deposit.

Staff reporter
 Visible gold in core from Cordoba Minerals’ Alacran deposit in Colombia

Visible gold in core from Cordoba Minerals’ Alacran deposit in Colombia

The proceeds are ear-marked to complete the final US$13 million payment due by June 30 to the group dubbed the OMNI parties, so Cordoba will gain a 100% interest in Alacran at its San Matias copper-gold...

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