Latest news with #Cordoba
Yahoo
a day ago
- Business
- Yahoo
Cordoba Minerals Announces Voting Results from Annual General Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) (otherwise "Cordoba" or the "Company") announces today that at its Annual General Meeting of Shareholders held on June 9, 2025, all Directors nominated and willing to stand were elected. Voting results for election of directors: Director VotesFor % VotesWithheld % Dr. Diane Nicolson 75,912,634 99.99% 10,092 0.01% Terry Krepiakevich 75,912,634 99.99% 10,092 0.01% Luis Valencia González 75,794,694 99.83% 128,032 0.17% Dr. Huaisheng Peng 75,912,634 99.99% 10,092 0.01% Jordan Neeser 75,912,340 99.99% 10,092 0.01% Quentin Markin 75,841,357 99.89% 81,369 0.11% Glen Kuntz 75,912,634 99.99% 10,092 0.01% Cordoba reports that Shareholders voted in favour of the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year. Disinterested Shareholders have also re-approved the Company's stock option plan (the "Plan"). The Company's Plan is a "rolling" plan pursuant to which the aggregate number of shares to be issued under the Plan shall not exceed 10% of the Company's issued and outstanding shares. For further information with respect to the Plan, please see the Circular. The Plan remains subject to final TSX Venture Exchange approval. About Cordoba Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects. Cordoba is jointly developing the Alacran Project with JCHX Mining Management Co., Ltd., located in the Department of Cordoba, Colombia. Cordoba also holds a 51% interest in the Perseverance Copper Project in Arizona, USA, which it is exploring through a Joint Venture and Earn-In Agreement. For further information, please visit ON BEHALF OF THE COMPANYSarah Armstrong-Montoya, President and Chief Executive Officer Information Contactcomms@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
Cordoba Minerals Announces Voting Results from Annual General Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) (otherwise "Cordoba" or the "Company") announces today that at its Annual General Meeting of Shareholders held on June 9, 2025, all Directors nominated and willing to stand were elected. Voting results for election of directors: Director VotesFor % VotesWithheld % Dr. Diane Nicolson 75,912,634 99.99% 10,092 0.01% Terry Krepiakevich 75,912,634 99.99% 10,092 0.01% Luis Valencia González 75,794,694 99.83% 128,032 0.17% Dr. Huaisheng Peng 75,912,634 99.99% 10,092 0.01% Jordan Neeser 75,912,340 99.99% 10,092 0.01% Quentin Markin 75,841,357 99.89% 81,369 0.11% Glen Kuntz 75,912,634 99.99% 10,092 0.01% Cordoba reports that Shareholders voted in favour of the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year. Disinterested Shareholders have also re-approved the Company's stock option plan (the "Plan"). The Company's Plan is a "rolling" plan pursuant to which the aggregate number of shares to be issued under the Plan shall not exceed 10% of the Company's issued and outstanding shares. For further information with respect to the Plan, please see the Circular. The Plan remains subject to final TSX Venture Exchange approval. About Cordoba Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects. Cordoba is jointly developing the Alacran Project with JCHX Mining Management Co., Ltd., located in the Department of Cordoba, Colombia. Cordoba also holds a 51% interest in the Perseverance Copper Project in Arizona, USA, which it is exploring through a Joint Venture and Earn-In Agreement. For further information, please visit ON BEHALF OF THE COMPANYSarah Armstrong-Montoya, President and Chief Executive Officer Information Contactcomms@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
The Sun
2 days ago
- Climate
- The Sun
Holidaying Brits warned ‘don't drink beer' in Spain as 42C African heat plume strikes – map shows scorched resorts
BRITS holidaying in Spain have been warned not to the drink the beer amid a scorching 42-degree heatwave from Africa. Areas of the country roasted under extreme heat over the weekend - and the balmy temperatures look set to stay. 6 6 6 Some spots were so hot the state forecaster, Aemet, was forced to issue weather warnings. Yellow and amber alerts came into force on Sunday - with Sevilla, Cordoba and Jaen in the south worst affected. Emergency guidance was issued to tourists and locals alike advising them on how to stay safe when it's sweltering. One suggestion likely unpopular with Brits on their hols was to avoid alcohol, because it has a dehydrating effect on the body. The advice is to drink water often, even if you're not thirsty, and avoid both alcohol and caffeine. It was also recommended to "dress smart", which means wearing loose-fitting clothes - particularly cotton or linen if possible. Lighter colours reflect the sun so can help you to stay cool. Another point is to simply stay indoors during times of peak temperatures, and certainly to avoid any strenuous activity under the sun. The authorities also issued a reminder about the signs of heatstroke, so people know when they need to find help. Fatigue, dizziness, headaches, confusion and nausea are all common symptoms of heatstroke which, in severe cases, can be fatal. Houses should be shuttered up during the day, it was advised, but and vents opened at night to allow a cooling airflow. And finally, people were urged to keep a close eye on anyone vulnerable. The elderly, people with chronic illnesses or those living alone are particularly at risk of heat-related complications, so communities were encouraged to work together to check in on them. There was a special mention for tourists, who are more likely to end up in hospital during heatwaves than seasoned locals. The culprit behind the immense heat was a plume of hot air which blew over from north Africa. Once it reached Spain, the air stayed hot thanks to clear skies and atmospheric stability, Aemet explained. Monday was predicted to bring more of the same the heat, with some areas again expected to top 40 degrees. The thermometer is predicted to remain high through this week, and above average for the rest of June. And there is also expected to be less rain than usual, meaning it will be dry all round for the country. However, there could be a temporary let-up from localised mid-week storms in the northwest and centre of the country. This follows a particularly hot May, with many locations seeing record-breaking temperatures - particularly in southern and western areas of Spain. 6 6 6
Yahoo
08-05-2025
- Business
- Yahoo
Ivanhoe Electric Subsidiary Cordoba Minerals Corp. Signs Definitive Agreement to Sell Remaining 50% Stake in Alacran Copper Project in Colombia
Initial Cash Proceeds of US $88 Million to be Paid on Closing with an Additional US $12 Million Paid upon Commercial Production US $100 Million Purchase Price Represents a Value per Cordoba Minerals Corp. Common Share of US $1.10 or CDN $1.52 Ivanhoe Electric Anticipates Receiving a Cash Distribution of Over US $40 Million from the Initial Proceeds Phoenix, Arizona--(Newsfile Corp. - May 8, 2025) - Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) ("Ivanhoe Electric") Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that Ivanhoe Electric's 63%-owned subsidiary, Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ("Cordoba") has signed a definitive Framework Agreement (the "Agreement") for the sale of the remaining 50% of the Alacrán Copper Project to a consortium of investors including JCHX Mining Management Co., Ltd. ("JCHX"), a 19.8% shareholder of Cordoba, for US $88 million in cash on closing, US $12 million in a deferred payment, and up to US $28 million in a contingent payment (the "Transaction"). JCHX acquired its initial 50% of the Alacrán Copper Project in May 2023 for total cash consideration of US $100 million (refer to Ivanhoe Electric's May 8, 2023 news release). Mr. Melvin commented: "Today's announcement is an excellent outcome for Cordoba and all of its shareholders. Upon closing, JCHX and its consortium partners will be in a strong position to fund and advance the development of the Alacrán Copper Project. This transaction will be an important milestone for Ivanhoe Electric towards the monetization of our long-term investment in the Alacrán Copper Project. Proceeds received from the transaction will be used to support our U.S.-based projects and other exploration initiatives." The Agreement was signed on May 8, 2025. Ivanhoe Electric has completed an 8-K filing of the Agreement with the U.S. Securities and Exchange Commission. A consortium, including JCHX, will acquire the remaining 50% ownership in the Alacrán Copper Project for total cash consideration of up to US $128 million The Transaction will be completed through the sale of two of Cordoba's indirect, wholly owned subsidiaries, Minerales Cordoba S.A.S. and Exploradora Cordoba S.A.S., to Veritas Resources AG, an entity that currently holds the other 50% interest in the Alacrán Copper Project. Terms of the transaction include: 1) initial cash payment of US $88 million payable by the consortium upon closing; 2) deferred cash payment of US $12 million on the earlier of: a) commencement of commercial production at the Alacrán Copper Project; or b) 36 months from the closing date; and 3) a potential contingent cash payment based on the prevailing copper price at the time of commercial production at the Alacrán Copper Project: a) US $8 million if the copper price is between US $12,000 and US $13,000 per tonne; or b) US $28 million if the copper price is greater than US $13,000 per tonne. After retaining a US $5 million working capital reserve, the payment of taxes, fees, and other costs associated with negotiating and closing the transaction, and after settling all outstanding liabilities and obligations, it is estimated that approximately US $65 to US $70 million in cash will be available for distribution to Cordoba shareholders, of which Ivanhoe Electric's share would be over US $40 million. It is a requirement of the Agreement that the Transaction is completed by December 31, 2025. Closing of the transaction is subject to certain conditions, including but not limited to: 1) approval by the TSX Venture Exchange; 2) approval by Cordoba shareholders at a special meeting of shareholders held in or around August 2025, but in no event later than September 15, 2025; and 3) approval of the Environmental Impact Assessment for the Alacrán Copper Project by Colombia's Autoridad Nacional de Licencias Ambientales. Following the closing of the Transaction, Cordoba will continue to be a publicly listed company on the TSX Venture Exchange with its 51%-owned Perseverance Copper Project located in Arizona. Cordoba can earn up to 80% interest in the Perseverance Copper Project by completing a total of CDN $14.2 million in exploration expenditures by April 2026. In addition, Cordoba will search for business development opportunities. Ivanhoe Electric will continue to hold the majority of the Company's shares. The disclosure of the transactions in this press release is necessarily of a summary nature and is qualified by text of the Agreement itself, which will be filed with the U.S. Securities and Exchange Commission. About Cordoba Minerals Corp. Cordoba Minerals Corp. (Cordoba) is a publicly traded copper-gold developer with high-potential projects in underexplored, world-class porphyry copper belts. Cordoba has a management team with a demonstrated track record of acquiring, exploring, and developing mineral projects in the Americas and around the world, and the strong financial and technical backing of cornerstone investors, Ivanhoe Electric and JCHX. Cordoba trades on the (TSXV: CDB) and (OTCQB: CDBMF). Website: About Ivanhoe Electric We are a United States domiciled minerals exploration company with a focus on developing mines from mineral deposits principally located in the United States. We seek to support American supply chain independence by finding and delivering the critical metals necessary for electrification of the economy, with a focus on copper. We use our accurate and powerful Typhoon™ geophysical surveying system, together with advanced data analytics provided by our 94.3% owned subsidiary, Computational Geosciences Inc. ("CGI"), to accelerate and de-risk the mineral exploration process as we seek to discover new deposits of critical metals that may otherwise be undetectable by traditional exploration technologies. We believe the United States is significantly underexplored and has the potential to yield major new discoveries of critical metals. Our mineral exploration efforts focus on copper as well as other metals including nickel, vanadium, cobalt, platinum group elements, gold and silver. Through the advancement of our portfolio of electric metals exploration projects, headlined by the Santa Cruz Project in Arizona as well as other exploration projects in the United States, we intend to support the United States' supply chain independence by finding and delivering critical metals necessary for the electrification of the economy. We also operate a 50/50 joint venture with Saudi Arabian Mining Company Ma'aden ("Ma'aden") to explore for minerals on ~48,500 km2 of underexplored Arabian Shield in Saudi Arabia. Website: Contact Information Mike PattersonVice President, Investor Relations and Business DevelopmentEmail: mike@ 1-480-601-7878 Follow us on X Ivanhoe Electric's Executive Chairman Robert Friedland: @robert_ivanhoe Ivanhoe Electric: @ivanhoeelectric Ivanhoe Electric's investor relations website located at should be considered Ivanhoe Electric's recognized distribution channel for purposes of the Securities and Exchange Commission's Regulation FD. Forward-Looking Statements Certain statements in this news release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable U.S. and Canadian securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Ivanhoe Electric, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect Ivanhoe Electric's current expectations regarding future events, performance and results and speak only as of the date of this news release. Such statements in this news release include, without limitation statements related to the ability and timing of Cordoba and JCHX to obtain all necessary regulatory and third party approvals and satisfy other applicable conditions to close the transaction, including approval of the transaction by the Cordoba shareholders and the TSX Venture Exchange and approval of the Environmental Impact Assessment for the Alacrán Copper Project by Colombia's Autoridad Nacional de Licencias Ambientales; the payments and net proceeds contemplated under the Agreement; the amount of any dividend to Ivanhoe Electric and the use of those proceeds; and Cordoba's ability to earn up to 80% interest in the Perseverance Copper Project. Forward-looking statements are based on management's beliefs and assumptions and on information currently available to management. Such statements are subject to significant risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including the inability of Cordoba and JCHX to successfully obtain all necessary regulatory and third party approvals and satisfy other applicable conditions to the transaction; the ability to close the transaction on the timeline anticipated, or at all; the receipt by us and Cordoba of all of the payments called for by the Agreement and such payments being applied in the manner currently anticipated; changes in the prices of copper or other metals Ivanhoe Electric is exploring for; the results of exploration and drilling activities and/or the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations; the final assessment of exploration results and information that is preliminary; the significant risk and hazards associated with any future mining operations, extensive regulation by the U.S. government as well as local governments; changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with Ivanhoe Electric to perform as agreed; and the impact of political, economic and other uncertainties associated with operating in foreign countries, and the impact of the COVID-19 pandemic and the global economy. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements and risk factors described in Ivanhoe Electric's Annual Report on Form 10-K and other filings with the U.S. Securities and Exchange Commission at No assurance can be given that such future results will be achieved. Forward-looking statements speak only as of the date of this news release. Ivanhoe Electric cautions you not to place undue reliance on these forward-looking statements. Subject to applicable securities laws, Ivanhoe Electric does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release, and Ivanhoe Electric expressly disclaims any requirement to do so. To view the source version of this press release, please visit
Yahoo
09-04-2025
- Politics
- Yahoo
Aquinas College president resigns after three years
GRAND RAPIDS, Mich. (WOOD) — The president of Aquinas College has resigned, according to the school. Alicia Cordoba put in her immediate resignation Monday, according to an letter from Aquinas College Board of Trustees Chair John Lowery that was sent to alumni and donors. Cordoba was in 2022 as the school's ninth president and the first woman to hold the position. Aquinas College inaugurates first woman president Aquinas did not say why Cordoba resigned. Lowery thanked her for her dedication and role in fundraising, enrollment and the focusing on the school's Catholic faith and mission. Sister Maureen Geary, who has served on the faculty, staff and Board of Trustees, will act as interim president until a new president is chosen, the letter said. 'Sister Maureen is a true friend to our campus and a faithful presence representing the Dominican Sisters ~ Grand Rapids with our students, faculty, staff and alumni. She is both an accountant and an attorney, skill sets that will serve our community particularly well,' Lowery wrote. Aquinas College names new president He said a committee of representatives across the college will be formed to guide the search for president. 'While we are in transition as a College community, we have both faith and hope for a bright future,' Lowery wrote. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
