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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.

HPX backs Cordoba's C$21.5M raising HPX backs Cordoba's C$21.5M raising HPX backs Cordoba's C$21.5M raising HPX backs Cordoba's C$21.5M raising HPX backs Cordoba's C$21.5M raising

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