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StocksMedium•6 March 2026•

1 min read

Cordoba Minerals Completes $128 Million Sale of Alacrán Project Stake in Colombia

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Key Facts

1Cordoba Minerals closed the sale of its remaining 50% interest in the Alacrán Project and other exploration assets in Colombia.

Cordoba Minerals Corp. has officially finalized the sale of its remaining 50% interest in the Alacrán Project and other exploration assets in Colombia. The transaction was completed with Veritas Resources AG, a consortium led by JCHX Mining Management Co., Ltd. Upon the closing of the deal, Cordoba Minerals received a substantial cash payment totaling $128 million. This strategic divestment marks the company's exit from its remaining interests in these specific Colombian mining assets. The significant cash infusion is expected to strengthen Cordoba's balance sheet and provide necessary capital for future strategic initiatives. Analysts view this liquidity event as a positive development for the company's financial flexibility and overall market position.