Montoya, President and Chief Executive Officer of
On behalf of Cordoba, I would like to once again welcome JCHX to our continued and deepened partnership, as we jointly develop the imminent largest copper project in
At closing, JCHX has acquired a 50% ownership interest in CMH Colombia S.A.S. ('CMH'), a subsidiary company that owns 100% of the
The second installment of
The third and final installment of
The proceeds of the Transaction will be used to ensure the Company can continue the advancement of the
Today, the senior management of Cordoba and JCHX held an official signing ceremony for the closing of this milestone Transaction, followed by imperative time for the leadership teams from both organizations to meet and inaugurate this next phase of the joint-development of the
Chairman Wang, myself, and the entire JCHX team are very much looking forward to warmly receiving the Cordoba team for a much needed celebration of not just the closing of this transaction, but also the resilient partnership we have successfully and jointly built,' commented Dr.
Ms.
About Cordoba
Contact:
Tel: +1-604-689-8765
Email: info@cordobamineralscorp.com
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, but not limited to, statements with respect to the transactions with JCHX, the expected timing any payment of the second and third installment payments, the use of proceeds from the transactions, and the benefits of the transactions. Forward looking-statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as 'anticipate', 'believe', 'plan', 'estimate', 'expect', 'potential', 'target', 'budget' and 'intend' and statements that an event or result 'may', 'will', 'should', 'could' or 'might' occur or be achieved and other similar expressions and includes the negatives thereof.
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. Such assumptions and estimates include, but are not limited to, obtaining the necessary approvals and consents to complete second and third installment payments as part of the transactions with JCHX; general business and economic conditions; relationships with strategic partners and significant shareholders; the timing and receipt of governmental permits and approvals; changes in regulations and political factors.
There can be no assurance that forward-looking 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 failure to obtain necessary consents and approvals, conditions to the completion of the transactions not being satisfied, actual exploration results, continuity of drilling programs, 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, uncertainties relating to epidemics, pandemics and other public health crises, including COVID-19 or similar such viruses, 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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