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Cordoba Minerals Completes US$4 Million Convertible Debenture and Joint Venture Financing


On October 5, 2023, Cordoba Minerals Corp. received bridge financing of US$4 million in the form of a short-term convertible debenture from its majority shareholder, Ivanhoe Electric Inc. Cordoba will use the funds received from the debenture for the Alacran Project, via a credit facility to the 50/50 joint venture company that owns the project, CMH Colombia S.A.S.

Cassels acted for Cordoba Minerals.

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