• Cordoba Minerals (CDB) has arranged a short-term loan of US$2.5 million with its majority shareholder, Ivanhoe Electric
• The loan is based on a new grid promissory note and bears an annual interest of 12 per cent, compounding only at maturity
• Cordoba has been advanced US$1 million of the loan
• The company intends to use the loan to continue the advancement of its San Matias Copper-Gold-Silver Project in Colombia
• Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects
• Cordoba Minerals Corp. (CDB) opened trading at $0.38 per share

Cordoba Minerals (CDB) has arranged a short-term loan of US$2.5 million with Ivanhoe Electric.