On June 29, 2020, Cordoba Minerals Corp. completed a rights offering, raising gross proceeds of $21.5 million. The rights offering was supported by a standby commitment from HPX Minerals, its largest shareholder, although the offering was fully subscribed by the shareholders and Cordoba was not required to draw on the standby obligation as part of the offering.
Cassels acted for Cordoba with a deal team that included David Redford and Samantha Prest (Securities and Mining).