Core Viewpoint - Cordoba Minerals Corp. has amended its agreement with Veritas Resources AG and a consortium led by JCHX Mining Management Co., Ltd. to sell its remaining 50% interest in the Alacrán Project for an increased cash payment of US$128 million, with the transaction expected to close by March 10, 2026 [1][2][4]. Transaction Details - The closing payment has been increased from US$88 million to US$128 million, to be paid in a lump sum upon closing [2]. - The transaction is now anticipated to close no later than March 10, 2026, with certain conditions waived, including the approval of the Environmental Impact Assessment [3][4]. - A reduction in the number of consortium members requires new formal approval from JCHX shareholders by the same date [3]. Financial Arrangements - An affiliate of JCHX will provide a bridge loan of US$2 million to the joint venture entity holding the Alacrán Project, with a simple interest rate of 10% for the first six months, increasing to 12% thereafter [5]. - The bridge loan is intended to support the advancement of the Alacrán Project and general corporate purposes while awaiting the transaction's closing [5]. Shareholder Distribution Update - Following the closing, Cordoba plans to increase the cash distribution to shareholders, retaining US$10 million for corporate purposes and distributing the net amount from the US$128 million after settling liabilities [7]. - The distribution remains subject to approval from the TSX Venture Exchange [7]. Company Overview - Cordoba Minerals Corp. is focused on the exploration, development, and acquisition of copper and gold projects, including the Alacrán Project in Colombia and a 51% interest in the Perseverance Copper Project in Arizona, USA [9].

Core Viewpoint - Cordoba Minerals Corp. has announced that not all conditions for the sale of its remaining 50% interest in the Alacrán Project and other exploration assets in Colombia were satisfied by the deadline of December 31, 2025, but the Framework Agreement remains in effect as the company continues to pursue completion of the transaction while exploring alternatives for the Alacrán Project [1]. Company Overview - Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development, and acquisition of copper and gold projects, including the Alacrán Project in Colombia, which is being jointly developed with JCHX Mining Management Co., Ltd. [3]. - The company also holds a 51% interest in the Perseverance Copper Project in Arizona, USA, which is being explored through a Joint Venture and Earn-In Agreement [3].