Cordoba Minerals Provides Update on Proposed Sale of the Alacrán Project VANCOUVER, BRITISH COLUMBIA – Cordoba Minerals Corp. (TSXV:CDB; OTCQB:CDBMF) (“Cordoba” or the “Company”) announces that not all conditions have been satisfied by the outside date of December 31,
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TSX.V: CDB | OTCQB: CDBMF
FOR IMMEDIATE RELEASE January 2, 2026
Cordoba Minerals Provides Update on Proposed Sale of the Alacrán Project
VANCOUVER, BRITISH COLUMBIA – Cordoba Minerals Corp. (TSXV:CDB; OTCQB:CDBMF) (“Cordoba” or the
“Company”) announces that not all conditions have been satisfied by the outside date of December 31,
2025 in connection with the sale of the Company’s remaining 50% interest in the Alacrán Project, along
with all of the Company’s other exploration assets in Colombia and certain accounts receivable (the
“Transaction”) to be completed pursuant to the framework agreement (the “Framework
Agreement”) dated May 8, 2025 . The Framework Agreement has not been terminated and remains in
effect. Cordoba will continue to pursue completion of the conditions required for closing the Transaction
while considering all alternatives for the advancement of the Alacrán Project.
For more information, please refer to the Company’s previously issued news releases dated May 8, 2025,
June 3, 2025, August 19, 2025, and September 15, 2025, the Company’s Management Information Circular
dated August 11, 2025 and the Framework Agreement, which are available on the Company’s SEDAR+
profile at sedarplus.ca .
About Cordoba
Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development and
acquisition of copper and gold projects. Cordoba is jointly developing the Alacrán Project with JCHX Mining
Management Co., Ltd., located in the Department of Cordoba, Colombia. Cordoba also holds a 51%
interest in the Perseverance Copper Project in Arizona, USA, which it is exploring through a Joint Venture
and Earn-In Agreement. For further information, please visit www.cordobaminerals.com.
ON BEHALF OF THE COMPANY
Sarah Armstrong-Montoya, President and Chief Executive Officer
Information Contact
This news release includes “forward- looking statements” and “forward- looking information” within the meaning of
Canadian securities legislation. All statements included in this news release, other than statements of historical fact,
are forward-looking statements including, without limitation, statements with respect to the Transaction, including
the completion of the Transaction, the Framework Agreement remaining in effect, and advancement of the Alacrán
project. Forward-looking statements include predicti ons, projections and forecasts and are often, but not always,
identified by the use of words such as “anticipate” , “believe”, “plan”, “estimate”, “expect”, “potential”, “target”,
“budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be
achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable
by management based on the business and markets in which Cordoba operates, are inherently subject to significant
operational, economic, and competitive uncertainties, risks and contingencies. There can be no assurance that such
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statements will prove to be accurate and actual results, and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual results to differ materially from the
Company’s expectations include tit le to mineral property risks; reliability of Mineral Resource and Mineral Reserve
estimates; going concern risks; the availability of capital and financing generally for the development of the Alacrán
Project; a deterioration of security on site in Colombi a or actions by the local community that inhibits access and/or
ability to productively work on site; community relations and construction activities; fluctuations in the price of metals
and the anticipated future prices of such metals; stock market volati lity; unanticipated changes in general business
and economic conditions or conditions in the financial markets; certain shareholders exercising significant control
over the Company; foreign entity risks; loss of key personnel; negative operating cash flow; changes in interest or
currency exchange rates; risks related to foreign operation including changes to taxation, social unrest, and changes
in national and local government legislation; regulatory risks; uninsured risks; environmental risks; competition; risks
related to participation in joint ventures; legal disputes or unanticipated outcomes of legal proceedings; changing
global financial conditions; force majeure; conflicts of interest; cyber security incidents; and the potential effects of
international conflicts on the Company’s business; human error, and other exploration or other risks detailed herein
and from time to time in the filings made by the Company with securities regulators, including those described under
the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A. The Company does not undertake
to update or revise any forward-looking statements, except in accordance with applicable law. Readers are cautioned
not to put undue reliance on these forward-looking statements.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accept responsibility for the adequacy or accuracy of this release.