Welcome to our dedicated page for Cordoba Minerals news (Ticker: CDBMF), a resource for investors and traders seeking the latest updates and insights on Cordoba Minerals stock.
Cordoba Minerals Corp. reports corporate developments for a copper and gold mineral exploration issuer following the completed sale of its Colombian exploration assets, including the Alacrán Project. Recurring news covers asset-sale and distribution matters, court and shareholder approvals, special meeting materials, capital-structure disclosures, governance updates and the company’s remaining interest in the Perseverance Copper Project in Arizona.
Cordoba Minerals (OTCQB:CDBMF; TSXV:CDB) and Bell Copper approved a 2026 exploration program at the Perseverance Copper Project in Arizona, targeting potential supergene copper enrichment below existing drill holes.
The plan includes up to 1,700m of drilling across three holes, a US$1.7M budget funded 51/49, and drilling start after permits expected no earlier than late Q3 2026. Perseverance remains a 51/49 joint venture, with Cordoba as operator and an option to acquire Bell Copper’s 49% interest in case of default on Bell’s C$2.052M convertible debentures.
Cordoba Minerals (OTCQB: CDBMF) received final court approval for a plan of arrangement that effects a cash Distribution of US$1.01 per share to registered shareholders of record at close of business on March 20, 2026 (Effective Date).
Payment is scheduled on or about March 25, 2026 via Computershare; Due Bill trading and an Ex-Distribution Date of March 26, 2026 will apply because the Distribution exceeds 25% of market value. Registered holders must file a residency declaration by the Record Date to avoid U.S. backup withholding.
Cordoba Minerals (OTCQB: CDBMF) closed the sale of its remaining 50% interest in the Alacrán Project and all other Colombian exploration assets to Veritas Resources AG, a JCHX-led consortium, for US$128 million cash.
Veritas assumed 100% ownership and operational control; Cordoba will retain the Perseverance property, retain US$10 million for corporate purposes, and intends to distribute remaining net proceeds to shareholders subject to a British Columbia Supreme Court final order and TSXV approval.
Cordoba Minerals (OTCQB: CDBMF) announced JCHX shareholder approval to amend the framework agreement to sell Cordoba's remaining 50% interest in the Alacrán Project, all other exploration assets in Colombia, and certain accounts receivable. The transaction is scheduled to close on March 6, 2026 and remains subject to final TSXV approval.
Cordoba Minerals (OTCQB: CDBMF) amended its sale agreement to increase the closing cash payment for the remaining 50% interest in the Alacrán Project and other Colombian assets from US$88 million to US$128 million, with Closing now expected by March 10, 2026.
The amendment waives certain closing conditions, anticipates a larger cash distribution to shareholders after retaining US$10M for corporate purposes, and includes a US$2M bridge loan from a JCHX affiliate bearing 10% then 12% interest. Transaction remains subject to TSXV approval.
Cordoba Minerals (OTCQB: CDBMF) announced that not all conditions to close the proposed sale of its remaining 50% interest in the Alacrán Project, its other Colombia exploration assets and certain accounts receivable were satisfied by the outside date of December 31, 2025.
The Framework Agreement dated May 8, 2025 has not been terminated and remains in effect. Cordoba said it will continue to pursue completion of the closing conditions while considering all alternatives to advance the Alacrán Project. Related disclosures and documents are available on the company profile at SEDAR+.
Cordoba Minerals (OTCQB: CDBMF) announced that shareholders have overwhelmingly approved two key resolutions at a special meeting held on September 15, 2025. The first resolution, passing with 100% approval, authorizes the sale of the company's remaining 50% stake in the Alacrán Project and other Colombian exploration assets. The second resolution, approved with 99.99% support, enables a cash distribution to shareholders through a plan of arrangement.
The transaction is expected to close in Q4 2025, pending Environmental Impact Assessment approval from Colombia's ANLA and final TSXV approval. This strategic move will allow Cordoba to focus on developing its Perseverance Project.
Cordoba Minerals (OTCQB: CDBMF) has announced the filing and distribution of special meeting materials for shareholders to vote on two key proposals: (1) the sale of its remaining 50% stake in the Alacran Project and other Colombian exploration assets, and (2) a cash distribution plan to shareholders following the transaction completion.
The special meeting is scheduled for September 15, 2025, with a proxy voting deadline of September 11, 2025. The Board of Directors recommends shareholders vote in favor of both resolutions. The transaction's closing is expected in Q4 2025, pending Environmental Impact Assessment approval from Colombia's ANLA and shareholder approval. The company has already received conditional approval from the TSX Venture Exchange.
Cordoba Minerals (OTCQB: CDBMF) has announced that JCHX Mining Management has completed its final US$20 million payment to maintain its 50% interest in CMH Colombia S.A.S., which holds the Alacrán Project. This payment completes JCHX's total US$100 million investment commitment under the Initial Framework Agreement.
Cordoba has used US$10 million of the final installment to repay bridge loans from JCHX affiliates. Additionally, the company has entered into a definitive agreement to sell its remaining 50% interest in the Alacrán Project to Veritas Resources AG, a JCHX subsidiary, which will result in Veritas owning 100% of the project upon completion.