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Wednesday, June 14, 2017

Cordoba Minerals (TSXV: $CDB.V) and High Power Exploration to Consolidate the San Matias Project to Create a Leading #Copper-Gold Company in #Colombia

Cordoba Minerals (TSXV: $CDB.V) and High Power Exploration to Consolidate the San Matias Project to Create a Leading #Copper-Gold Company in #Colombia

@CordobaMinerals; Cordoba Announces Concurrent Bought Deal Equity Financing



TORONTO, ONTARIO--(Cordoba Minerals Corp. ("Cordoba" or the "Company") (TSX VENTURE:CDB) is pleased to announce that it has entered into a definitive agreement (the "Agreement") with High Power Exploration Inc. ("HPX"), whereby Cordoba will acquire (the "Transaction") HPX's 51% interest in the San Matias Joint Venture ("San Matias") through the acquisition of HPX Colombia Ventures Ltd. ("Ventures"), a wholly-owned subsidiary of HPX, for consideration of 92,681,290 Cordoba common shares (the "Consideration").



About Cordoba Minerals:
Cordoba Minerals Corp. is a Toronto-based mineral exploration company focused on the exploration and acquisition of copper and gold projects in Colombia. Cordoba has a joint venture with High Power Exploration on the highly prospective, district-scale San Matias Copper-Gold Project located at sea level with excellent infrastructure and near operating open-pit mines in the Department of Cordoba. For further information, please visit www.cordobaminerals.com.

About High Power Exploration (HPX):
HPX is a privately owned, metals-focused exploration company deploying proprietary in-house geophysical technologies to rapidly evaluate buried geophysical targets. The HPX technology cluster comprises geological and geophysical systems for targeting, modelling, survey optimization, acquisition, processing and interpretation. HPX has a highly experienced board and management team led by Co-Chairman and Chief Executive Officer Robert Friedland, President Eric Finlayson, a former head of exploration at Rio Tinto, and co-chaired by Ian Cockerill, a former Chief Executive Officer of Gold Fields Ltd. For further information, please visit www.hpxploration.com.


Cordoba Minerals Corp. (TSXV: $CDB.V; OTCQX: $CDBMF) is a featured mining stock on Investorideas.com



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