Cordoba Minerals Appoints New Board of Directors and Announces Voting Results from Annual General Meeting of Shareholders
Cordoba Minerals Corp. (TSXV: CDB, OTCQB: CDBMF) announced on June 27, 2024, that all Directors nominated in the Management Information Circular dated May 15, 2024, were elected at the Annual General Meeting of Shareholders held on June 26, 2024. Shareholders set the number of Directors at seven for the forthcoming year. New appointments to the Board include Mr. Jordan Neeser as a non-independent director and Mr. Terry Krepiakevich as an independent director. Ms. Sarah Armstrong-Montoya, President and CEO, highlighted the valuable experience and insights these new directors bring to the company, especially in advancing the Alacran Project into an operating copper mine. The company aims to solidify its reputation as a mine developer and soon-to-be operator in the mining sector.
- Appointment of Mr. Jordan Neeser as a non-independent director, bringing valuable experience to the company.
- Appointment of Mr. Terry Krepiakevich as an independent director, enhancing board independence and governance.
- Advancing the Alacran Project into an operating copper mine, which could increase operational growth and revenue.
- None.
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) (otherwise "Cordoba" or the "Company") announces today that at its Annual General Meeting of Shareholders held on June 26, 2024, all Directors nominated as listed in the Management Information Circular dated May 15, 2024 (the "Circular") were elected. Shareholders voted to set the number of Directors at seven (7) for the ensuing year.
Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba, is pleased to announce the appointment of Mr. Jordan Neeser as a non-independent director, and Mr. Terry Krepiakevich as an independent director to the Company's Board.
"We welcome Jordan and Terry to join the Cordoba Board," commented Ms. Sarah Armstrong-Montoya. "Their extensive experience and insights will be invaluable to the Company as we continue to advancing the Alacran Project into an operating copper mine in the near future while building our track record to distinguish ourselves as a mine developer and soon-to-be operator in the mining space."
About Jordan Neeser
Mr. Neeser is a finance executive with 20 years of experience in financial reporting, corporate development, and corporate finance, primarily in the mining sector. Since November 2022, Mr. Neeser has served as the Chief Financial Officer of Ivanhoe Electric Inc. Previously Mr. Neeser was CFO and Corporate Secretary at TSX listed Gold Standard Ventures from March 2021 to August 2022, when it was acquired by Orla Mining in August, 2022. Mr. Neeser was previously CFO of Conifex Timber from December 2018 to March 2021, and before that spent eight years with First Quantum as both Group Controller and Director, Business Development. Mr. Neeser started his career with KPMG, is a Chartered Public Accountant, Chartered Accountant, and holds a Bachelor of Commerce degree from the University of British Columbia, Vancouver, Canada.
About Terry Krepiakevich
Mr. Krepiakevich is a Fellow of the British Columbia CPA Association and a certified member of the Institute of Corporate Directors. He has been a Director and Audit Committee Chair of Alexco Resource Corp., a TSX-listed and NYSE-listed mineral resources company, from 2009 to 2022. He has also served as a member and chair of the compensation and governance committees for various listed companies.
Voting results for election of directors:
| Director | Votes For | % | Votes Withheld | % |
| William (Bill) Orchow | 57,875,336 | 1,498 | ||
| Dr. Huaisheng Peng | 57,875,336 | 1,498 | ||
| Dr. Diane Nicolson | 57,875,336 | 1,498 | ||
| Terry Krepiakevich | 57,875,336 | 1,498 | ||
| Jordan Neeser | 57,875,336 | 1,498 | ||
| Quentin Markin | 57,875,336 | 1,498 | ||
| Luis Valencia González | 57,757,690 | 119,144 |
Cordoba reports that Shareholders voted in favour of the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year.
Disinterested Shareholders have also approved certain amendments to the Company's stock option plan ("SOP"), long-term incentive plan ("LTIP") and deferred share unit plan ("DSU Plan" and together with the SOP and LTIP, the "Plans"). The Plans were updated to be in compliance with TSX Venture Exchange Policy 4.4 - Security Based Compensation.
The Company's SOP is a "rolling" plan pursuant to which the aggregate number of shares to be issued under the SOP shall not exceed
The Company's LTIP and DSU Plan are "fixed" plans pursuant to which the aggregate number of shares to be issued under the LTIP and DSU Plan are fixed. The amendments to the LTIP and DSU Plan increase the fixed number of shares issuable under both plans from an aggregate of 8,915,095 common shares to an aggregate 8,981,393 common shares, which is equivalent to
For further information with respect to the amendments of the Plans, please see the Circular. The Plans remain subject to final TSX Venture Exchange approval.
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 Alacran Project with JCHX Mining Management Co., Ltd., located in the Department of Cordoba, Colombia. Cordoba also holds a
ON BEHALF OF THE COMPANY
Sarah Armstrong-Montoya, President and Chief Executive Officer
Information Contact
Ran Li +1-604-689-8765
info@cordobamineralscorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept 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/214769
FAQ
What was announced by Cordoba Minerals on June 27, 2024?
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