Cordoba Minerals Announces Senior Management Changes
Cordoba Minerals (TSXV: CDB) (OTCQB: CDBMF) announced significant management changes on May 9, 2025. Mark Gibson has resigned from his positions as Chief Operating Officer and Director of the Company, concluding his 10-year tenure. Gibson will not stand for election at the upcoming annual general meeting scheduled for June 9, 2025. The company clarified that previously submitted proxy votes for other board nominees and resolutions remain valid, though votes regarding Gibson's election will be disregarded.
Cordoba Minerals (TSXV: CDB) (OTCQB: CDBMF) ha annunciato importanti cambiamenti nella direzione il 9 maggio 2025. Mark Gibson si è dimesso dai suoi incarichi di Chief Operating Officer e Direttore della Società, concludendo così un mandato di 10 anni. Gibson non si candiderà alle elezioni previste per l'assemblea generale annuale del 9 giugno 2025. L'azienda ha precisato che le deleghe già inviate per altri candidati al consiglio e per le risoluzioni restano valide, mentre i voti riguardanti l'elezione di Gibson saranno ignorati.
Cordoba Minerals (TSXV: CDB) (OTCQB: CDBMF) anunció cambios significativos en la dirección el 9 de mayo de 2025. Mark Gibson renunció a sus cargos como Director de Operaciones y Director de la Compañía, concluyendo su mandato de 10 años. Gibson no se presentará a la elección en la próxima junta general anual programada para el 9 de junio de 2025. La empresa aclaró que los votos por poder previamente enviados para otros nominados a la junta y resoluciones siguen siendo válidos, aunque se ignorarán los votos relacionados con la elección de Gibson.
Cordoba Minerals (TSXV: CDB) (OTCQB: CDBMF)는 2025년 5월 9일 중대한 경영진 변동을 발표했습니다. Mark Gibson은 최고운영책임자 및 이사직에서 사임하며 10년간의 임기를 마무리했습니다. Gibson은 2025년 6월 9일 예정된 정기 주주총회에서 재선에 출마하지 않을 예정입니다. 회사는 이전에 제출된 다른 이사 후보 및 결의안에 대한 위임 투표는 유효하지만, Gibson의 선출에 관한 투표는 무시될 것이라고 밝혔습니다.
Cordoba Minerals (TSXV : CDB) (OTCQB : CDBMF) a annoncé d'importants changements dans sa direction le 9 mai 2025. Mark Gibson a démissionné de ses fonctions de directeur des opérations et d'administrateur de la société, mettant fin à un mandat de 10 ans. Gibson ne se présentera pas aux élections lors de l'assemblée générale annuelle prévue le 9 juin 2025. La société a précisé que les procurations déjà soumises pour les autres candidats au conseil d'administration et les résolutions restent valides, mais que les votes concernant l'élection de Gibson seront ignorés.
Cordoba Minerals (TSXV: CDB) (OTCQB: CDBMF) gab am 9. Mai 2025 bedeutende Änderungen im Management bekannt. Mark Gibson hat seine Positionen als Chief Operating Officer und Direktor des Unternehmens niedergelegt und damit seine zehnjährige Amtszeit beendet. Gibson wird bei der bevorstehenden Hauptversammlung am 9. Juni 2025 nicht zur Wahl antreten. Das Unternehmen stellte klar, dass zuvor eingereichte Stimmrechtsvollmachten für andere Vorstandsmitglieder und Beschlüsse weiterhin gültig sind, jedoch Stimmen bezüglich Gibsons Wahl nicht berücksichtigt werden.
- None.
- Loss of experienced executive Mark Gibson after 10 years of service
- Unexpected leadership gap with immediate COO resignation
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2025) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CBDMF) ("Cordoba" or the "Company") announces changes to the management team as well as to the slate of Board of Directors at the Company's upcoming annual general meeting.
Effective May 9, 2025, Mark Gibson has resigned from his roles as the Company's Chief Operating Officer to pursue other opportunities and has also resigned as a Director of the Company.
The board and management of Cordoba would like to thank Mr. Gibson for his 10 years of valuable contribution to the Company and wish him well in his future endeavours.
Cordoba has received notice from Mark Gibson that he will not be standing for election at the Company's upcoming annual general meeting (the "Meeting"), scheduled to be held on June 9, 2025. Mr. Gibson's withdrawal will not affect the validity of the form of proxy or voting instruction form previously delivered to shareholders in connection with the Meeting, nor any proxy votes already submitted in respect of the other board nominees or in respect of the other resolutions to be put to shareholders for approval at the Meeting. Management will not be issuing a new form of proxy or voting instruction form to reflect the change to the slate of nominees. The Company will disregard any votes cast for or withheld in respect of the election of Mr. Gibson as a director of the Company at the Meeting.
About Cordoba
Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects. Subject to the completion of the Transaction, Cordoba is jointly developing the Alacrán Project with JCHX Mining Management Co., Ltd., located in the Department of Cordoba, Colombia. Cordoba also holds a
ON BEHALF OF THE COMPANY
Sarah Armstrong-Montoya, President and Chief Executive Officer
Forward-Looking Statements
This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements relating to the Alacrán Project and the advancement thereof, including the timing of advancement, statements with respect to the Transaction, including the completion of the Transaction and the expected timing of completion, the expected approvals required for the Transaction and Distribution, including the approval of the TSXV, ANLA, and shareholders of Cordoba, the treatment of the existing debt owed by Cordoba to an affiliate of JCHX, the use of proceeds from the Transaction, and the expected benefits from the Transaction. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Cordoba operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include title to mineral property risks; reliability of Mineral Resource and Mineral Reserve estimates; going concern risks; the availability of capital and financing generally for the development of the Alacran Project; a deterioration of security on site in Colombia or actions by the local community that inhibits access and/or ability to productively work on site; community relations and construction activities; fluctuations in the price of metals and the anticipated future prices of such metals; stock market volatility; unanticipated changes in general business and economic conditions or conditions in the financial markets; certain shareholders exercising significant control over the Company; foreign entity risks; loss of key personnel; negative operating cash flow; changes in interest or currency exchange rates; risks related to foreign operation including changes to taxation, social unrest, and changes in national and local government legislation; regulatory risks; uninsured risks; environmental risks; competition; risks related to participation in joint ventures; legal disputes or unanticipated outcomes of legal proceedings; changing global financial conditions; force majeure; conflicts of interest; cyber security incidents; and the potential effects of international conflicts on the Company's business; human error, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law. Readers are cautioned not to put undue reliance on these forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251558
FAQ
Who is leaving Cordoba Minerals (CDBMF) management team in May 2025?
When is Cordoba Minerals (CDBMF) 2025 annual general meeting?
How long did Mark Gibson serve at Cordoba Minerals before his resignation?
Will Cordoba Minerals (CDBMF) issue new proxy forms after Mark Gibson's withdrawal?
