M&A / Property
Cordoba Minerals obtains JCHX approval for amended deal

CDB · Price
Executive Summary
- Shareholders of JCHX Mining Management Co. Ltd. approved the sale of Cordoba Minerals’ remaining 50% interest in the Alacran project, together with all other Colombian exploration assets and certain accounts receivable.
- The transaction is slated to close on March 6, 2026, pending final TSX Venture Exchange approval.
Key Details
- Transaction Parties: Cordoba Minerals Corp., Veritas Resources AG, and a consortium of mining investors led by JCHX Mining Management Co. Ltd.
- Assets Sold: Remaining 50% interest in the Alacran project, all other Colombian exploration assets, and specified accounts receivable.
- Closing Date: Expected on March 6, 2026.
- Regulatory Condition: Subject to final approval by the TSX Venture Exchange.
- Shareholder Vote: Overwhelming approval at JCHX Mining Management’s shareholder meeting.
Notable Quotes
(No direct quotes provided in the release.)
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Jun 08, 2026 · 07:01