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Off-market insider buying at Cordoba Minerals (V:CDB)

Updated Tuesday Feb 23, 2021 05:32 AM EDT

Intera Mining Investment Limited, a 10% Holder, acquired 452,970 Common Shares on a direct ownership basis at a price of $1.275 through a prospectus or prospectus exempt offering on February 18th, 2021. The insider also acquired 452,970 Warrants with an exercise price of $1.955 until February 18th 2023. This represents a $577,537 investment into the company's shares and an account share holdings change of 4.3%.

Cordoba Minerals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Cordoba Minerals Corp. is a Canada-based exploration and development company with exploration projects in Colombia. The Company is engaged in the acquisition, exploration and development of precious and base metal properties. It operates through exploration and development of mineral properties segment. It holds interest in San Matias Copper-Gold Project (the San Matias Project), which is an early stage exploration project, located approximately 200 kilometers north of the city of Medellin. The San Matias Project consists of an approximately 20,000 hectare land package on the inferred northern extension of the Mid Cauca Belt, located in the Municipality of Puerto Libertador, in the Department of Cordoba, Colombia. It holds interest in Alacran Copper-Gold Project (Alacran), which is located within an approximately 390-hectare mining title in the northern central parts of the San Matias Project. Its Alacran is located approximately two kilometers southwest of its Montiel discovery. Cordoba Minerals Corp. (CDB) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $577,537.

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Go to Cordoba Minerals Corp. (CDB)'s company page

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