Cordoba Minerals (TSXV: $CDB.V) Announces Closing of C$10 Million Subscription Receipt Financing
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TORONTO, ONTARIO - July 14, 2017 (Investorideas.com Newswire) - Cordoba Minerals Corp. (TSX-V: CDB) (OTCQX: CDBMF) ("Cordoba" or the "Company") is pleased to announce the closing of its previously announced bought deal private placement offering (the "Offering") of subscription receipts (the "Subscription Receipts"). Pursuant to the Offering, the Company has sold 12,346,000 Subscription Receipts, at a price of C$0.81 per Subscription Receipt (the "Issue Price"), for aggregate gross proceeds of approximately C$10 million.
BMO Capital Markets acted as the lead underwriter for a syndicate of underwriters (the "Underwriters") including Sprott Private Wealth LP and Haywood Securities Inc.
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About Cordoba Minerals:
Cordoba Minerals Corp. is a Toronto-based mineral exploration company focused on the exploration and acquisition of copper and gold projects in Colombia. Cordoba has a joint venture with High Power Exploration on the highly prospective, district-scale San Matias Copper-Gold Project located at sea level with excellent infrastructure and near operating open-pit mines in the Department of Cordoba. For further information, please visit www.cordobaminerals.com.
Cordoba Minerals Corp. (TSXV: $CDB.V; OTCQX: $CDBMF) is a featured mining stock on Investorideas.com
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