Mr. Sarah Armstrong-Montoya reports

CORDOBA MINERALS ANNOUNCES THE RECEIPT OF US$10 MILLION BRIDGE FINANCING FROM JCHX

Cordoba Minerals Corp. has received the previously announced bridge financing of $10-million (U.S.) from certain affiliates of its joint venture partner, JCHX Mining Management Co. Ltd.

The proceeds from the bridge financing in the form of two loans of $5-million (U.S.) (the bridge loans) have been advanced to Cordoba, and the joint venture entity which holds the Alacran copper-gold-silver project in Colombia (refer to Cordoba's news release dated Dec. 27, 2024).

The purpose of the bridge loans is to ensure the company can continue the advancement of its mineral projects, including the detailed engineering design work program at the Alacran project in Colombia, and for general corporate purposes.

"With the receipt of the bridge financing, we continue to focus on advancing the detailed engineering design work program at the Alacran project while engaging with our stakeholders to move the project towards the construction stage," commented Sarah Armstrong-Montoya, president and chief executive officer of Cordoba.

About Cordoba Minerals Corp.

Cordoba Minerals is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects. Cordoba is jointly developing the Alacran project with JCHX Mining Management Co. Ltd., located in the department of Cordoba, Colombia. Cordoba also holds a 51-per-cent interest in the Perseverance copper project in Arizona, United States, which it is exploring through a joint venture and earn-in agreement.

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