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Cardero Resource Corp. (V:CDU)

Business Focus: Integrated Mining

Apr 09, 2020 09:00 am ET
Cardero Provides Update on Zonia Copper Oxide Project
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2020) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company") is pleased to provide an update regarding the Company's Zonia Copper Oxide project in Arizona.
Feb 24, 2020 01:54 pm ET
Cardero Reports Results of the Special Meeting held December 16, 2019 and Related Share Issuance
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2020) - Cardero Resource Corp. (TSXV: CDU) (OTC Pink: CDYCF) ("Cardero" or the "Company") is pleased to report that the matters placed before the shareholders at the Special Meeting held December 16, 2020 were approved. Voting results are as follows:
Dec 09, 2019 05:58 pm ET
Cardero Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that pursuant to its news release dated August 26, 2019 announcing a non-brokered Private Placement (the "Placement") and news releases dated September 25, 2019, October 9, 2019, November 11, 2019 extending the Placement and, November 20, 2019 closing first tranche of the Placement. The Company reports that it has closed a final tranche of the Placement, issuing an additional 333,333 units, at a price of $0.03 per Unit for aggregate cash proceeds of $10,000. The total number of units issued in both tranches was 11,966,666 for total proceeds of $359,000.00. Each Unit consists of one common share and one common share purchase warrant. Each Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.05, provided that, the expiry of the Warrants can be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange is at least $0.06 for a minimum of ten consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrant, may accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Nov 20, 2019 01:06 pm ET
Cardero Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that pursuant to its news release dated August 26, 2019 announcing a non-brokered Private Placement (the "Placement") and news releases dated September 25, 2019, October 9, 2019 and November 11, 2019 extending the Private Placement, the Company reports that it has closed a first tranche of the Placement. A total of 11,633,333 units were issued at a price of $0.03 per Unit for aggregate cash proceeds of $349,000. Each Unit consists of one common share and one common share purchase warrant. Each Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.05, provided that, the expiry of the Warrants can be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange is at least $0.06 for a minimum of ten consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrant, may accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Nov 11, 2019 01:37 pm ET
Cardero Private Placement Extension
Vancouver, British Columbia--(Newsfile Corp. - November 11, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that pursuant to the news release dated August 26, 2019 announcing a non-brokered Private Placement and news release dated September 25, 2019 and October 9, 2019 extending the Private Placement, the Company has extended the closing date to December 9, 2019.
Nov 08, 2019 10:31 am ET
Cardero Announces Proposed Amendments to Preferred Shares
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2019) - Cardero Resource Corp. (TSXV: CDU) ("Cardero" or the "Company") is pleased to announce the execution of a debt settlement agreement dated November 6, 2019 (the "Debt Settlement Agreement") with Kopple Family Partnership LP and E.L. II Properties Trust (the "Creditors") which proposes certain amendments to the special rights and restrictions applicable to the Company's 12,000,000 currently outstanding preferred shares (the "Preferred Shares"), which would, subject to receipt of shareholder and TSXV approval, result in their conversion into 48,000,000 common shares of the Company.
Oct 09, 2019 04:15 pm ET
Cardero Receives Private Placement Extension
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that pursuant to the news release dated August 26, 2019 announcing a non-brokered Private Placement, and September 25, 2019 reporting an extension to October 9, 2019, the Company reports that they have received an extension from the TSX Venture Exchange to November 9, 2019.
Sep 25, 2019 02:17 pm ET
Cardero Private Placement -Extension
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company")  reports that pursuant to the news release dated August 26, 2019 announcing a non-brokered Private Placement, the Company has extended the closing date to October 9, 2019.
Sep 09, 2019 06:48 pm ET
Cardero Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") provides a corporate update. In November 2018, the Company completed acquisition of an undivided 100% interest in the Zonia copper oxide deposit ("Zonia" or the "Property") (previous news release November 1, 2018). The Zonia copper oxide project in Arizona is a near-surface copper-oxide resource located on a brownfields site having already been partially mined in the late 1960s and '70s. The Company published a Preliminary Economic Assessment ("PEA") (previous news release March 6, 2018), which outlines an open-pit, copper-oxide heap leach project with a 9-year mine life and favourable economics.
Aug 26, 2019 04:05 pm ET
Cardero Resources Corp. Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2019) -  Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company")  is announces a non-brokered private placement of up to 33,333,333 units of the Company ("Units") at a price of $0.03 per Unit for aggregate cash proceeds of $1,000,000. Each Unit will be comprised of one common share and one common share purchase warrant. Each Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.05, provided that, the expiry of the Warrants can be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange is at least $0.06 for a minimum of ten consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrant, may accelerate the expiry date of the Warrants to a date 30 days after the date of the notice. The proposed financing will be subject to TSXV approval and the pricing will be based on the closing price of Cardero's shares at the time the approval has been obtained.
May 17, 2019 04:00 pm ET
Cardero Arranges $150,000 in Loans
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") , reports that, subject to TSX Venture Exchange ("TSXV") acceptance, the Company has secured loans in the aggregate amount of $150,000 (the "Loans") with certain Directors of the Company (the "Lenders").
May 02, 2019 04:00 pm ET
Cardero Terminates Option Agreement for Portion of the Kootenay Nickel-Cobalt Project
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company") reports that it has received termination notice of the option agreements for four of the five nickel-cobalt properties in south eastern British Columbia, (the "Kootenay Project" or the "Project"; Figure 1). The four properties covered by the termination notice cover 2,465 hectares. The Lardeau claim block, covered by the second option agreement between Wealth Minerals Ltd. and Cardero remains current. The Lardeau claim block covers 5,386.5 hectares. The Kootenay Project is within the prospective Lardeau Group, which hosts numerous volcanogenic massive sulphide deposits, including the past-producing Goldstream mine located north of Revelstoke.
Dec 31, 2018 04:05 pm ET
CORRECTION FROM SOURCE: Cardero Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTCBB: CDYCF) ("Cardero" or the "Company") reports that pursuant to the news release dated December 28, 2018 and the closing of the private placement the Company confirms that on November 9, 2018, the Company issued 300,000 units at a price of $0.10 per Unit for aggregate proceeds of $30,000. All other information pursuant to the closing remain unchanged. The Company further notes that cash finder's fees were paid to Haywood Securities Inc.
Dec 28, 2018 04:00 pm ET
Cardero Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 28, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that they have closed the private placement as announced on October 17, 2018 and November 28, 2018. On November 9, 2018 the Company issued 300,000 units at a price of $0.10 per Unit for aggregate cash proceeds of $300,000. Each unit consisted of one common share in the capital of the Company and one common share purchase warrant, with each whole warrant (each, a "Warrant") entitling the holder to acquire one additional Share at a price of $0.15 per Share for a period of up to five years, expiring on November 9, 2023, provided that, the expiry of the Warrants can be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange is at least $0.30 for a minimum of ten consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrant, may accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Nov 28, 2018 04:15 pm ET
Cardero Extends Private Placement Closing
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company")  reports that they are seeking an extension from the TSX Venture Exchange on closing of the non-brokered private placement of up to 20,000,000 units of the Company ("Units") at a price of $0.10 per Unit for aggregate cash proceeds of $2,000,000 as announced on October 17, 2018. All information previously reported as well as the terms and conditions remain the same.
Nov 19, 2018 08:01 pm ET
Cardero Announces Loan Agreements and Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 19, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") is pleased to announce that it has entered into a facility agreement with E.L. II Properties Trust, Robert C. Kopple trustee (the "Lender") for an unsecured credit facility of US$630,000 (the "Facility") to be advanced in five equal installments of US$126,000 at the end of each month until fully advanced. An initial US$126,000 has already been advanced.
Nov 01, 2018 04:45 pm ET
Cardero Completes Acquisition of the Zonia Copper Deposit, Arizona, USA
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") reports that it has completed acquisition of an undivided 100% interest in the Zonia copper deposit ("Zonia" or the "Property"). Under the terms of the option agreement dated August 27, 2015 (the "Option Agreement"), as amended between the Company and Redstone Resources Corporation ("Redstone"), the Company was granted the right to acquire up to a 100% interest in the Property in consideration of, among other things, the aggregate cash payment of US$2,425,000 and issuance of an aggregate of 16,500,000 common shares over a three-year period.
Oct 26, 2018 12:44 pm ET
Cardero Provides Update on Zonia Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company") reports that, pursuant to amending agreements dated September 14, 2017, January 8, 2018 and July 31, 2018 (the "Amending Agreements"), in relation to the option agreement dated August 27, 2015 (the "Option Agreement"), as amended between the Company and Redstone Resources Corporation ("Redstone"), they have further amended the agreement dated October 3, 2018, which allows Redstone to convert $500,000USD of the final payment into shares at a price equal to the 15 day volume weight average price of the shares at the time of the issuance a notice to convert. Redstone has sent notice as required to convert the $500,000USD into 6,179,099 shares and the Company will proceed with that conversion subject to receipt of TSXV approval. Pursuant to the Option Agreement, the Company was granted the right to acquire up to a 100% interest in the Zonia Copper-Oxide deposit in consideration of, among other things, the aggregate cash payment of US$2,225,000 in cash and issuance of an aggregate of 16,500,000 common shares over a three-year period. The total of 16,500,000 shares will be issued by October 31, 2018 as required by the option agreement and the Company will seek TSX Venture Exchange approval for the additional issuance of 6,179,099 shares under the conversion.
Oct 18, 2018 09:00 am ET
Cardero Resources Corp. Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") announces a non-brokered private placement of up to 20,000,000 units of the Company ("Units") at a price of $0.10 per Unit for aggregate cash proceeds of $2,000,000. Each Unit will be comprised of one common share and one common share purchase warrant. Each Warrant will entitle the holder to acquire an additional common share of the Company for a period of 60 months from the date of issue at a price of $0.15, provided that, the expiry of the Warrants can be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange is at least $0.30 for a minimum of ten consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrant, may accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Oct 12, 2018 04:05 pm ET
Cardero Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that it has closed the non-brokered private placement as previously announced on August 23, 2018, August 28, 2018 and September 21, 2018 (the "Placement"). A total of 557,428 units (the "Units") were issued under the Placement, in two tranches, at a price of $0.14 per Unit for gross proceeds of $78,039.92. Each Unit consisted of one common share in the capital of the Company (each, a "Share") and one‑half of one common share purchase warrant, with each whole warrant (each, a "Warrant") entitling the holder to acquire one additional Share at a price of $0.21 per Share for a period of up to two years. In the event that the closing price of the Shares on the TSX Venture Exchange (the "TSXV") is at least $0.30 per Share for a period of ten consecutive trading days commencing four months and one day after the closing of the Placement, the Company may accelerate the expiry date of the Warrants by providing notice to the shareholders thereof and, in such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company.
Sep 21, 2018 06:00 pm ET
Cardero Announces Second Tranche Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that it has closed a second tranche of the non-brokered private placement as previously announced on August 23, 2018 (the "Placement"). A total of 121,428 units (the "Units") were issued on September 20, 2018, under the Placement at a price of $0.14 per Unit for gross proceeds of $17,000. Each Unit consists of one common share in the capital of the Company (each, a "Share") and one‑half of one common share purchase warrant, with each whole warrant (each, a "Warrant") entitling the holder to acquire one additional Share at a price of $0.21 per Share for a period of up to two years, expiring on June 13, 2020. In the event that the closing price of the Shares on the TSX Venture Exchange (the "TSXV") is at least $0.30 per Share for a period of ten consecutive trading days commencing four months and one day after the closing of the Placement, the Company may accelerate the expiry date of the Warrants by providing notice to the shareholders thereof and, in such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company.
Aug 28, 2018 06:42 pm ET
Cardero Announces First Tranche Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that it has closed a first tranche of the non-brokered private placement as previously announced on August 23, 2018 (the "Placement"). A total of 436,000 units (the "Units") were issued on August 24, 2018, under the Placement at a price of $0.14 per Unit for gross proceeds of $61,040. Each Unit consists of one common share in the capital of the Company (each, a "Share") and one‑half of one common share purchase warrant, with each whole warrant (each, a "Warrant") entitling the holder to acquire one additional Share at a price of $0.21 per Share for a period of up to two years, expiring on June 13, 2020. In the event that the closing price of the Shares on the TSX Venture Exchange (the "TSXV") is at least $0.30 per Share for a period of ten consecutive trading days commencing four months and one day after the closing of the Placement, the Company may accelerate the expiry date of the Warrants by providing notice to the shareholders thereof and, in such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company.
Aug 23, 2018 01:14 pm ET
Cardero Resources Corp. Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) (OTC Pink: CDYCF) ("Cardero" or the "Company") announces a non-brokered private placement for up to 2,142,857 units of the Company ("Units") at a price of $0.14 per Unit for aggregate cash proceeds of $300,000. Each Unit will be comprised of one common share and one-half common share purchase warrant. Each Whole Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.21, provided that, the expiry of the Warrants can be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange is at least $0.30 for a minimum of ten consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrant, may accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Aug 14, 2018 05:14 pm ET
Cardero Provides Update on Zonia Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") reports that it has entered into amending agreements dated September 14, 2017, January 8, 2018 and July 31, 2018 (the "Amending Agreements"), in relation to the option agreement dated August 27, 2015 (the "Option Agreement"), as amended between the Company and Redstone Resources Corporation ("Redstone"). Pursuant to the Option Agreement, the Company was granted the right to acquire up to a 100% interest in the Zonia Copper-Oxide deposit in consideration of, among other things, the aggregate cash payment of US$2,225,000 in cash and issuance of an aggregate of 16,500,000 common shares over a three-year period.
Jul 25, 2018 04:00 pm ET
Cardero Announces Surface Sampling Results at the Ledgend Nickel-Cobalt Massive Sulphide Project
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") announces results for surface trenching, sampling and mapping at the Ledgend nickel-cobalt property in south eastern British Columbia ("Ledgend" or the "Property"). Results indicate significant potential for subsurface semi-massive sulphides with the main horizon averaging >1000ppm nickel for 800 metres of strike length, a width of about 250 metres.
Jul 13, 2018 08:00 am ET
Cardero Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") reports that it has closed a final tranche of a non-brokered private placement as previously announced on June 7, 2018, and June 12, 2018 and June 15, 2018 (the "Placement"). An additional 900,000 units ("the "Units") were issued on July 12, 2018 for gross proceeds of $126,000. The total number of Units placed in both tranches was 3,592,714 for total gross proceeds of $502,980. Each Unit consists of one common share in the capital of the Company (each, a "Share") and one‑half of one common share purchase warrant, with each whole warrant (each, a "Warrant") entitling the holder to acquire one additional Share at a price of $0.21 per Share for a period of up to two years, expiring on June 13, 2020. In the event that the closing price of the Shares on the TSX Venture Exchange (the "TSXV") is at least $0.30 per Share for a period of ten consecutive trading days commencing four months and one day after the closing of the Placement, the Company may accelerate the expiry date of the Warrants by providing notice to the shareholders thereof and, in such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company.
Jul 03, 2018 04:55 pm ET
Cardero Announces Continuing Exploration Underway at the Ledgend Nickel-Cobalt Massive Sulphide Project
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") announces that continuing surface trenching, sampling and mapping at the Ledgend nickel-cobalt property in south eastern British Columbia ("Ledgend" or the "Property") is well underway. In addition, approximately 90 line kilometres, or 375 hectares, of drone ("UAV") airborne magnetometer geophysics has been flown. Ledgend is one of five properties in the Kootenay project that together total approximately 8,000 hectares (Figure 1). The property owners and Cardero completed soil, silt and rock sampling on Ledgend in 2016 and 2017, collecting over 1300 samples that produced significant anomalies for this follow-up work.
Jun 15, 2018 08:00 am ET
Cardero Announces First Tranche Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company") reports that it has closed a first tranche of a non-brokered private placement as previously announced on June 7, 2018 and June 12, 2018 (the "Placement"). A total of 2,692,714 units (the "Units") were issued on June 13, 2018, under the Placement at a price of $0.14 per Unit for gross proceeds of $376,980. Each Unit consists of one common share in the capital of the Company (each, a "Share") and one‑half of one common share purchase warrant, with each whole warrant (each, a "Warrant") entitling the holder to acquire one additional Share at a price of $0.21 per Share for a period of up to two years, expiring on June 13, 2020. In the event that the closing price of the Shares on the TSX Venture Exchange (the "TSXV") is at least $0.30 per Share for a period of ten consecutive trading days commencing four months and one day after the closing of the Placement, the Company may accelerate the expiry date of the Warrants by providing notice to the shareholders thereof and, in such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company.
Jun 12, 2018 05:00 pm ET
Cardero Reports Insider Participation in Recently Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") reports that, pursuant to their news release dated June 7, 2018, announcing a non-brokered private placement for up to 4,285,715 units of the Company ("Units") at a price of $0.14 per Unit for aggregate cash proceeds of $600,000, insiders of the Company are participating for up to 52.5% of the financing. All terms and conditions remain the same as previously announced. The Company further reports that there is no material undisclosed information.
Jun 07, 2018 08:00 am ET
Cardero Resources Corp. Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2018) - Cardero Resource Corp. (TSXV: CDU) (the Company) is pleased to announce a non-brokered private placement for up to 4,285,715 units of the Company ("Units") at a price of $0.14 per Unit for aggregate cash proceeds of $600,000. Each Unit will be comprised of one common share and one-half common share purchase warrant. Each Whole Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.21, provided that, the expiry of the Warrants can be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange is at least $0.30 for a minimum of ten consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrant, may accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Apr 19, 2018 12:14 pm ET
Cardero Files Preliminary Economic Assessment Technical Report for Zonia Copper-Oxide Deposit, Arizona, USA
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company")  is pleased to report the filing of a Preliminary Economic Assessment NI 43-101 technical report titled "ZONIA COPPER PROJECT, NI 43-101 Technical Report, Yavapai County, Arizona USA", effective March 22, 2018 and dated April 17, 2018.
Apr 12, 2018 06:08 pm ET
Cardero Files Drill Permit Applications for Northeast Anomaly at the Zonia Copper Oxide Deposit
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2018) - Cardero Resource Corp. ("Cardero" or the "Company") (TSXV: CDU) (FSE: CR5) pleased to announce it has filed drill permits with the Bureau of Land Management (BLM) and the State of Arizona in preparation of a 5000 metre drill programme testing the Northeast Anomaly, on the Company's Zonia Copper Oxide property ("Zonia"), located in Yavapai County, Arizona USA (Figure 1).
Mar 15, 2018 09:00 am ET
Cardero Engages Market-Maker
Vancouver, British Columbia--(Newsfile Corp. - March 15, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") is pleased to announce that they have retained Trapeze Capital Corp. to provide trading (market-making) services to the Company with respect the Company's common shares listed on the TSX Venture Exchange (the "TSX-V"). Under the terms of an issuer trading services agreement dated as of March 8, 2018 (the "Agreement"), Trapeze will receive compensation of $5,500 per month (plus applicable taxes) payable in cash, from the Company's working capital account. The capital required for the acquisition of any of the Company's common shares and any corresponding trading activity undertaken by Trapeze will be provided by Trapeze, acting as principal. The Agreement is subject to acceptance by the TSX-V and is for an initial term of 180 days and will automatically renew for additional 180 day periods unless terminated by the Company or Trapeze.
Mar 14, 2018 07:47 pm ET
Cardero Negotiates Loan from Related Party
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") is pleased to announce that it has negotiated a loan supported by a promissory note to E.L. II Properties Trust, Robert C. Kopple trustee (the "Lender"), a related party to the Company in the amount of Two Hundred Thousand US dollars ($200,000USD) (the "Note").
Mar 06, 2018 01:06 pm ET
Cardero Announces Positive Preliminary Economic Assessment for Zonia Copper-Oxide Deposit, Arizona, USA
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2018) - Cardero Resource Corp. (TSX: CDU) (FSE: CR5) ("Cardero" or the "Company")  is pleased to announce results of a new Preliminary Economic Assessment ("PEA") on the Zonia copper-oxide deposit in Arizona, USA. Cardero has an Option Agreement with Redstone Resources Corporation ("Redstone") under which Cardero has been granted an exclusive option to acquire a 100% interest in the Zonia Copper Project (the project).
Feb 01, 2018 08:00 am ET
Cardero Rock Sampling Generates New Porphyry Target Northeast of the Zonia Copper Oxide Deposit
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") is pleased to announce receipt of positive surface exploration results for the Company's Zonia Copper Oxide Project, located in Yavapai County, Arizona USA. Rock geochemical sampling on a 150-metre spaced grid over most of the claim block has generated a new porphyry copper target based on coincident anomalous copper, molybdenum and manganese. The 2500 by 1000 metre anomaly occurs northeast of the drill-defined Zonia copper oxide deposit, and shares characteristics of its geochemical footprint.
Jan 15, 2018 08:00 am ET
Cardero Initiates Preliminary Economic Assessment at Zonia Copper Oxide Deposit
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") is pleased to announce that it has engaged Global Resource Engineering of Denver Colorado ("GRE") to complete a Preliminary Economic Assessment ("PEA") for the Company's Zonia Copper Oxide Project, located in Yavapai County, Arizona USA.
Jan 12, 2018 03:08 pm ET
Cardero Provides Update on Carbon Creek JV Management Agreement and Zonia Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") is pleased to provide an update regarding the Company's participation right in the Carbon Creek coal joint venture, its option to acquire a 100% interest in the Zonia copper project and, grants stock options.
Nov 29, 2017 08:00 am ET
Cardero Receives Positive Sampling Results for the Kootenay Nickel-Cobalt Massive Sulphide Project
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2017) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") announces receipt of positive surface exploration results for the Lardeau and Tesla-Enerplus properties in south-eastern British Columbia (the "Properties"). These are two of five properties in the Kootenay Nickel-Cobalt Project that together total over 8,000 hectares (http://www.cardero.com/s/kootenay_project.asp). The Properties are located 20 and 40 kilometres north of the Ledgend property, for which Cardero recently released results (see previous news release NR-07).
Nov 23, 2017 08:00 am ET
Cardero Files Amended Technical Report for Zonia Copper-Oxide Deposit, Arizona, USA
Vancouver, British Columbia--(Newsfile Corp. - November 23, 2017) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") is pleased to report the filing of an amended technical report titled "ZONIA COPPER PROJECT, NI 43-101 Technical Report, Yavapai County, Arizona USA", effective November 30, 2015 and dated October, 2017 ("Amended Technical Report"), prepared by Tetra Tech ("Tt").
Nov 21, 2017 08:00 am ET
Cardero Receives Positive Sampling Results for the Ledgend Nickel-Cobalt Massive Sulphide Project
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2017) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") announces receipt of positive surface exploration results for the Ledgend nickel-cobalt property in south eastern British Columbia ("Ledgend" or the "Property"). Ledgend is one of five properties in the Kootenay project that together total approximately 8,000 hectares (Figure 1). Cardero completed soil, silt and rock sampling on Ledgend in the fall of 2017, collecting 1,218 samples which have produced significant anomalies for follow-up work.
Oct 31, 2017 03:12 pm ET
Cardero Enters into Option Agreements for Kootenay Nickel-Cobalt Massive Sulphide Project
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2017) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") reports that subject to TSX.V approval, it completed two option agreements for five nickel-cobalt properties in south eastern British Columbia (the "Kootenay Project" or the "Project") totalling approximately 8,000 hectares (Figure 1). The Project is within the prospective Lardeau Group, which hosts numerous volcanogenic massive sulphide deposits, including the past-producing Goldstream mine located north of Revelstoke.
Oct 13, 2017 03:30 pm ET
Cardero Closes Non-Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2017) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") announces that it has closed the non-brokered private placement of up to 8,750,000 units at $0.10 announced September 15 and September 21, 2017 to raise gross proceeds of $875,000.00. All shares issued will have a four month hold expiring on February 12, 2018. Each Unit is be comprised of one common share and one common share purchase warrant. Each Warrant entitles the holder to acquire an additional common share of the Company for a period of 36 months from the date of issue at a price of $0.15, provided that, if over a period of 20 consecutive trading days after the expiry of the hold period on the warrants, the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange (or such other stock exchange on which such shares are listed) is greater than $0.30, then at the Company's discretion, it may, within 10 days of such 20 day period, accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Jul 15, 2016 06:51 pm ET
Cardero Announces Voluntary Delisting from the TSX and Concurrent Listing on the TSX Venture
VANCOUVER, British Columbia, July 15, 2016 (GLOBE NEWSWIRE) -- Cardero Resource Corp. (“Cardero” or the “Company”) (TSX:CDU) (Frankfurt:CR5) reports that further to previous news release on May 17, 2016, the Company has received approval to list the common shares of the Company on the TSX Venture Exchange (“Venture”). The Company will voluntarily de-list from the TSX post-market on Friday July 29, 2016 and will begin trading on the Venture on Tuesday August 2, 2016.  The Company has been under delisting review for failure to comply with certain criteria in Part VII of the TSX Company Manua...
Jun 30, 2016 06:53 pm ET
Cardero Reports Results of Annual General Meeting held June 30, 2016
VANCOUVER, British Columbia, June 30, 2016 (GLOBE NEWSWIRE) -- Cardero Resource Corp. (“Cardero” or the “Company”) (TSX:CDU) (OTCBB:CDYCF) is pleased to report that all matters placed before the shareholders at the Annual General Meeting held June 30, 2016 were approved.  Individual voting results pertaining to the election of directors are as follows:...
Jun 17, 2016 09:30 am ET
TSX Delisting Review - Cardero Resource Corp. (Symbol: CDU)
TORONTO, June 17, 2016 /CNW/ - DELISTING REVIEW Cardero Resource Corp. (the "Company") – Further to TSX Bulletin 2016-0492 dated May 19, 2016, TSX has decided to extend its review of the eligibility of the common shares (Symbol: CDU) of the Company for continued listing for a period of 30 days.
Jun 14, 2016 08:02 am ET
Cardero Confirms Gold Mineralization in Near-Surface Oxide Zone, Zonia Copper Project, Arizona, US
VANCOUVER, British Columbia, June 14, 2016 (GLOBE NEWSWIRE) -- Cardero Resource Corp. (TSX:CDU) (Frankfurt:CR5) ("Cardero" or the "Company") reports that it has confirmed the presence of gold in the upper oxide zone at the Zonia Copper Project, Arizona, USA ("Zonia" or the "Project"). All samples returned significant gold grades ranging from 0.031 g/t gold to 0.601 g/t gold (average 0.152 g/t gold). Previously (NR16-02) the company assayed 11 drill samples from the underlying sulphide mineralization at the Project, which indicated gold and silver are associated with copper mineralization. ...
May 17, 2016 07:22 pm ET
Cardero Applies to List on TSX Venture Exchange
VANCOUVER, British Columbia, May 17, 2016 (GLOBE NEWSWIRE) -- Cardero Resource Corp. (“Cardero” or the “Company”) (TSX:CDU) (Frankfurt:CR5) reports that it has applied to list the common shares of the Company on the TSX Venture Exchange (“Venture”).  The Company has submitted its application and believes that it meets or exceeds all Venture listing requirements.  Assuming that the application is successful, the Company will voluntarily de-list from the TSX. ...
Mar 21, 2016 09:30 am ET
TSX Delisting Review - Cardero Resource Corp (Symbol: CDU)
TORONTO, March 21, 2016 /CNW/ - DELISTING REVIEW Cardero Resource Corp. (the "Company") – TSX is reviewing the common shares (Symbol: CDU) of the Company with respect to meeting the continued listing requirements.  The Company has been granted 60 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.