JCHX, through a wholly-owned subsidiary, will purchase a 50% ownership interest in CMH Colombia S.A.S. ('CMH'), a company existing under the laws of
Closing of the Transaction is subject to (among other customary conditions):
FOR CORDOBA: Approval from the TSXV; FOR JCHX: Approval from their Board of Directors, shareholders,
The closing of the Transaction is now anticipated to be in Q2 of 2023, upon the satisfaction of all conditions of the completion of the Transaction by Cordoba and JCHX.
For further information with respect to the Transaction, please refer to the Company's Information Circular dated
About Cordoba
Contact:
President and Chief Executive Officer
T: +1-604-689-8765
E: info@cordobamineralscorp.com
Neither the
Forward-Looking Statements
This news release includes 'forward-looking statements' and 'forward-looking information' within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, the
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Cordoba operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include actual exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described under the heading 'Risks and Uncertainties' in the Company's most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law. Readers are cautioned not to put undue reliance on these forward-looking statements.
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