Cardero Receives Final Court Approval for World Copper Transaction
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2021) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company"), is pleased to announce that the British Columbia Supreme Court has granted a final order dated December 14, 2021 approving the previously announced plan of arrangement (the "Arrangement") with World Copper Ltd. ("WCU") which will result in the acquisition of the Company by WCU (see news releases dated April 20, June 9, September 20, November 15 and...
2021-12-17 8:00 AM EST
Cardero Shareholders Approve World Copper Transaction
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2021) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company"), is pleased to announce that Cardero shareholders have overwhelmingly approved all matters voted on at the annual and special meeting ("Meeting") held on December 10, 2021, including the approval of the previously announced plan of arrangement (the "Arrangement") with World Copper Ltd. ("WCU") which will result in the acquisition of the Company by WCU...
2021-12-13 8:00 AM EST
Cardero Extends Due Date on Loan
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2021) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company") (, reports that, subject to TSX Venture Exchange ("TSXV") acceptance, the Company will extend the due date on advances from E.L. II Properties Trust, a company owned by Robert C. Kopple, a director of the Company (the "Lender") in the aggregate amount of USD$294,655.20 (the "Loan").The Company has arranged to extend the due date on the loan for one...
2021-11-10 5:17 PM EST
Cardero Completes Loan Restructuring
Vancouver, British Columbia--(Newsfile Corp. - October 25, 2021) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company"), is pleased to announce further to its press release dated May 31, 2021, it has entered into a loan extension agreement (the "Extension Agreement") with entities controlled by director Robert Kopple (the "Kopple Entities") for the extension of the maturity and restructuring of $2,329,163 in loans (the "CDU Loans") and $1,019,836 (the "CDU Dividend")...
2021-10-25 2:33 PM EDT
Cardero and World Copper Amend Letter Agreement
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2021) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") is pleased to announce that it has entered an amending agreement dated June 4, 2021 (the "Amending Agreement") to the letter agreement dated April 13, 2021 entered into with World Copper Ltd. ("WCU") intending to merge the businesses of the two companies (the "Proposed Transaction"). (See press release dated April 20, 2021).As previously announced, under...
2021-06-09 7:00 AM EDT
Cardero Enters into Letter Agreement to Merge with World Copper
Vancouver, British Columbia--(Newsfile Corp. - April 20, 2021) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") is pleased to announce that it has entered a letter agreement with World Copper Ltd. (“WCU”) dated April 13, 2021 (the "Letter Agreement") to combine the businesses of the two companies (the "Proposed Transaction"). Completion of the Proposed Transaction is subject to board approvals by both companies and shareholder approval for Cardero, and the...
2021-04-20 8:00 AM EDT
Cardero Provides Update on Zonia Copper Oxide Project
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2020) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company") is pleased to provide an update regarding the Company's Zonia Copper Oxide project in Arizona.The Company applied for and received a permit for the Zonia project from the Arizona Department of Environmental Quality (ADEQ). The Permit is issued as a Multi-Sector General Permit (MSGP) and is a Stormwater Pollution Protection Permit (SWPPP) The permit was...
2020-04-09 9:00 AM EDT
Cardero Reports Results of the Special Meeting held December 16, 2019 and Related Share Issuance
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2020) - Cardero Resource Corp. (TSXV: CDU) (OTC Pink: CDYCF) ("Cardero" or the "Company") is pleased to report that the matters placed before the shareholders at the Special Meeting held December 16, 2020 were approved. Voting results are as follows:Votes FORVotes WithheldConversion of Preferred Shares
2020-02-24 1:54 PM EST
Cardero Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that pursuant to its news release dated August 26, 2019 announcing a non-brokered Private Placement (the "Placement") and news releases dated September 25, 2019, October 9, 2019, November 11, 2019 extending the Placement and, November 20, 2019 closing first tranche of the Placement. The Company reports that it has closed a...
2019-12-09 5:58 PM EST
Cardero Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that pursuant to its news release dated August 26, 2019 announcing a non-brokered Private Placement (the "Placement") and news releases dated September 25, 2019, October 9, 2019 and November 11, 2019 extending the Private Placement, the Company reports that it has closed a first tranche of the Placement. A total of 11,633,333...
2019-11-20 1:06 PM EST
Cardero Private Placement Extension
Vancouver, British Columbia--(Newsfile Corp. - November 11, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that pursuant to the news release dated August 26, 2019 announcing a non-brokered Private Placement and news release dated September 25, 2019 and October 9, 2019 extending the Private Placement, the Company has extended the closing date to December 9, 2019. ABOUT CARDERO RESOURCE CORP.The common shares of the Company are...
2019-11-11 1:37 PM EST
Cardero Announces Proposed Amendments to Preferred Shares
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2019) - Cardero Resource Corp. (TSXV: CDU) ("Cardero" or the "Company") is pleased to announce the execution of a debt settlement agreement dated November 6, 2019 (the "Debt Settlement Agreement") with Kopple Family Partnership LP and E.L. II Properties Trust (the "Creditors") which proposes certain amendments to the special rights and restrictions applicable to the Company's 12,000,000 currently outstanding preferred shares (the...
2019-11-08 10:31 AM EST
Cardero Receives Private Placement Extension
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that pursuant to the news release dated August 26, 2019 announcing a non-brokered Private Placement, and September 25, 2019 reporting an extension to October 9, 2019, the Company reports that they have received an extension from the TSX Venture Exchange to November 9, 2019.ABOUT CARDERO RESOURCE CORP.The common shares of the...
2019-10-09 4:15 PM EDT
Cardero Private Placement -Extension
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that pursuant to the news release dated August 26, 2019 announcing a non-brokered Private Placement, the Company has extended the closing date to October 9, 2019. ABOUT CARDERO RESOURCE CORP.The common shares of the Company are currently listed on the TSX Venture (symbol CDU) and the Frankfurt Stock Exchange (symbol CR5). For...
2019-09-25 2:17 PM EDT
Cardero Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") provides a corporate update. In November 2018, the Company completed acquisition of an undivided 100% interest in the Zonia copper oxide deposit ("Zonia" or the "Property") (previous news release November 1, 2018). The Zonia copper oxide project in Arizona is a near-surface copper-oxide resource located on a brownfields site having...
2019-09-09 6:48 PM EDT
Cardero Resources Corp. Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") is announces a non-brokered private placement of up to 33,333,333 units of the Company ("Units") at a price of $0.03 per Unit for aggregate cash proceeds of $1,000,000. Each Unit will be comprised of one common share and one common share purchase warrant. Each Warrant will entitle the holder to acquire an additional common share...
2019-08-26 4:05 PM EDT
Cardero Arranges $150,000 in Loans
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) ("Cardero" or the "Company") , reports that, subject to TSX Venture Exchange ("TSXV") acceptance, the Company has secured loans in the aggregate amount of $150,000 (the "Loans") with certain Directors of the Company (the "Lenders").The Loans have a two year term and bear interest at a rate of 12% per annum compounded annually, payable on the maturity date. The Company has agreed to...
2019-05-17 4:00 PM EDT
Cardero Terminates Option Agreement for Portion of the Kootenay Nickel-Cobalt Project
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2019) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR51) ("Cardero" or the "Company") reports that it has received termination notice of the option agreements for four of the five nickel-cobalt properties in south eastern British Columbia, (the "Kootenay Project" or the "Project"; Figure 1). The four properties covered by the termination notice cover 2,465 hectares. The Lardeau claim block, covered by the second option agreement between...
2019-05-02 4:00 PM EDT
CORRECTION FROM SOURCE: Cardero Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTCBB: CDYCF) ("Cardero" or the "Company") reports that pursuant to the news release dated December 28, 2018 and the closing of the private placement the Company confirms that on November 9, 2018, the Company issued 300,000 units at a price of $0.10 per Unit for aggregate proceeds of $30,000. All other information pursuant to the closing remain unchanged. The Company further...
2018-12-31 4:05 PM EST
Cardero Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 28, 2018) - Cardero Resource Corp. (TSXV: CDU) (FSE: CR5) (OTC Pink: CDYCF) ("Cardero" or the "Company") reports that they have closed the private placement as announced on October 17, 2018 and November 28, 2018. On November 9, 2018 the Company issued 300,000 units at a price of $0.10 per Unit for aggregate cash proceeds of $300,000. Each unit consisted of one common share in the capital of the Company and...
2018-12-28 4:00 PM EST