Cordoba Minerals provides update on the proposed sale of the Alacran project

Cordoba Minerals Corp. (TSXV: CDB,OTC:CDBMF) (OTCQB: CDBMF) (“Cordoba” or the “Company”) announces that as of December 31, 2025, all conditions have not been satisfied in connection with the sale of the Company’s remaining 50% interest in the Alacrán project, together 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 force. Cordoba will continue to pursue the completion of the conditions necessary to complete the transaction, while considering all alternatives for the advancement of the Alacrán project.

For more information, please refer to the Company’s previously issued press 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 developing the Alacrán project together with JCHX Mining Management Co., Ltd., located in the department of Cordoba, Colombia. Cordoba also has a 51% stake in the Perseverance Copper Project in Arizona, US, which it is exploring through a joint venture and an Earn-In arrangement. For more information, please visit www.cordobaminerals.com.

ON BEHALF OF THE COMPANY
Sarah Armstrong-Montoya, president and chief executive officer

This press release contains “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities legislation. All statements in this press release, other than statements of historical fact, are forward-looking statements, including but not limited to statements regarding the Transaction, including the completion of the Transaction, the Framework Agreement remaining in force and the progress of the Alacrán Project. Forward-looking statements include forecasts, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “goal”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” be achieved and other similar expressions and include 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 statements will prove to be accurate or actual, 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 mineral ownership risks; reliability of estimates of mineral resources and mineral reserves; risks in the field of continuity; the availability of capital and financing generally for the development of the Alacrán project; a deterioration of security on the ground in Colombia or actions by the local community that hinder access and/or ability to work productively on site; community relations and construction activities; fluctuations in the price of metals and the expected future prices of such metals; stock market volatility; unexpected changes in general business and economic conditions or financial market conditions; certain shareholders who exercise significant control over the Company; risks from foreign entities; loss of key personnel; negative operating cash flow; changes in interest or currency rates; risks related to foreign operations, including changes in taxation, social unrest and changes in national and local government legislation; regulatory risks; uninsured risks; environmental risks; competition; risks associated with participation in joint ventures; legal disputes or unexpected outcomes of legal proceedings; changing global financial conditions; force majeur; conflicts of interest; cybersecurity incidents; and the potential effects of international conflict on the Company’s operations; human error and other exploration or other risks described herein and from time to time in the Company’s filings with securities regulators, including the risks and uncertainties described in the Company’s most recently filed MD&A. The Company undertakes no obligation to update or revise any forward-looking statements, except in accordance with applicable law. Readers are cautioned not to place 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) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279354