Cordoba Minerals Corporation (QB) (CDBMF)

$CDBMF: Nice +$1 cash distribution today..................

Previously announced why the share prices is now at $0.20


GO $CDBMF

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Cordoba Minerals Announces Final Order and Effective Date of Previously Announced Cash Distribution
Newsfile Corp.
Newsfile Corp
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2026) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CBDMF) ("Cordoba" or the "Company") is pleased to announce that it has been granted the final court order from the Supreme Court of British Columbia approving the plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement") pursuant to which Cordoba will complete the previously announced distribution (the "Distribution") to shareholders. Pursuant to the Arrangement, registered Cordoba shareholders as of close of business on March 20, 2026 (the "Effective Date" of the Arrangement, being the "Record Date" of the Distribution) will receive US$1.01 per common share of Cordoba (each, a "Cordoba Share") on or about March 25, 2026 (the "Payment Date") subject to having completed a residency declaration form (further details below). Beneficial shareholders can expect to receive payment from their intermediaries, each of whom has its own payment process.

Given that the Distribution represents more than 25% of the market value of the Company, the TSX Venture Exchange ("TSXV") has determined that "Due Bill" trading procedures will apply to the Distribution. Pursuant to such "Due Bill" trading procedures, trades of Cordoba Shares entered into from the opening of trading on the Effective Date until and including the close of trading on the Payment Date will have a Due Bill attached which will allow the purchaser to receive the Distribution instead of the seller. The Due Bills will be automatically redeemed by the Canadian Depository for Securities or the Depository Trust Company on March 26, 2026 (the "Ex-Distribution Date") once all trades with attached Due Bills entered into up to the close of trading on the Payment Date have settled. As of the Ex-Distribution Date, purchases of Cordoba Shares will no longer have the attaching entitlement to the Distribution.

Cordoba has retained the services of Computershare Investor Services Inc. ("Computershare") as the depositary for the delivery and payment of the Distribution. In order to receive the Distribution in a timely manner, registered holders of Cordoba Shares must complete a residency declaration form in the form delivered to them with the Company's management information circular dated August 11, 2025 (the "Circular"). A copy of the residency declaration form has also been posted on the Company's profile on SEDAR+ at www.sedarplus.ca and is available on Cordoba's website at www.cordobaminerals.com/investors/agm-estma/.

Beneficial shareholders do not need to complete a residency declaration form and will receive the Distribution through their intermediary on or around the Payment Date. You should contact your Intermediary if you have any questions regarding this process. Further information regarding the residency declaration form and the Distribution can be found in the Circular.

Residency declaration forms must be completed according to the instructions in the residency declaration form and delivered to Computershare at 320 Bay Street, 14th Floor, Toronto, Ontario, M5H 4A6. If you are a registered holder of Cordoba Shares and do not complete and remit a residency declaration form to Computershare by March 20, 2027, you will automatically receive the Distribution and be subject to U.S. backup withholding regardless of your U.S. taxpayer status.

About Cordoba

Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects. Cordoba holds a 51% interest in the Perseverance Copper Project in Arizona, USA. For further information, please visit www.cordobaminerals.com.

Information Contact

info@cordobamineralscorp.com

+1 (604) 689-8765

CDBMF: effective Feb. 9,2021 a one for 17 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Cordoba's sock price has really been whacked over the past few months. The fear of more dilution is, imo, a big reason because the company needs more cash to invest in their properties in Colombia so they can begin to cash flow.

If they could get a strategic partner to buy a % of a project they have without equity sold in the parent company, the stock price would start to recover.

Another thing would be if copper prices continued to climb....which would attract that partner and change the future value of their projects.

Richly endowed Mid Cauca Gold Belt. The Company has entered into a joint venture agreement with High Power Exploration Inc. ("HPX"), a company indirectly controlled by mining entrepreneur
Robert Friedland, whereby HPX can earn up to a 65% interest in the San Matias Project by funding the Project and completing a feasibility study

Recent News

May 17, 2017 Cordoba Minerals Announces Additional High Grade Copper-Gold Mineralization at the Alacran Deposit in Colombia

Feb 23, 2017 Cordoba Minerals named to 2017 TSX Venture 50

Feb 07, 2017 Cordoba Minerals Corp. Receives Approval to Extend Term of Warrants