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Press Release - MINING.COM

Press Release - MINING.COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

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Cordoba Minerals Corp.: Cordoba Minerals Closes First Tranche of Fully-Subscribed Non-Brokered Private Placement

Cordoba Minerals Corp.: Cordoba Minerals Closes First Tranche of Fully-Subscribed Non-Brokered Private Placement
Vancouver, British Columbia (Newsfile Corp. - December 24, 2020) -
Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ( Cordoba or the Company ) announces today that it has closed the first tranche of its previously announced fully-subscribed non-brokered private placement (the Offering ) (refer to Cordoba s news release dated December 4, 2020). In connection with the closing of this tranche of the Offering, the Company has issued an aggregate of 61,632,749 units of the Company (the Units ) at a price of $0.075 per Unit for gross proceeds of $4,622,456.18.
Each Unit consists of one common share of the Company ( Share ) and one Share purchase warrant ( Warrant ). Each Warrant entitles the holder, on exercise, to purchase one Share for a period of 24 months following the closing date of the first tranche of the Offering at the exercise price of $0.115 per ....

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