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Cordoba Minerals Corp.
CDBMFBasic MaterialsOTCCA
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Cordoba Minerals' Shareholders to Receive Net Proceeds from the Recent Sale of the Alacrán Project in Colombia Phoenix, Arizona--(Newsfile Corp. - March 13, 2026) - Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) ("Ivanhoe Electric") Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that Ivanhoe Electric's 59.6%-owned subsidiary, Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ("Cordoba") has announced the timing and amount of its cash distribution to Cordoba shareholders. On March 6, 2026, Cordoba announced that it had closed the sale of its remaining 50% interest in the Alacrán Project in Colombia for total cash proceeds of $128 million.
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2026) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CBDMF) ("Cordoba" or the "Company") is pleased to announce that it has been granted the final court order from the Supreme Court of British Columbia approving the plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement") pursuant to which Cordoba will complete the previously announced distribution (the "Distribution") to shareholders. Pursuant to the Arrangement, registered Cordoba shareholders as of close of business on March 20, 2026 (the "Effective Date" of the Arrangement, being the "Record Date" of the Distribution) will receive US$1.01 per common share of Cordoba (each, a "Cordoba Share") on or about March 25, 2026 (the "Payment Date") subject to having completed a residency declaration form (further details below).
