ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Nov 18, 2019 22:00 JST
Source:
High Power Exploration Inc.
HPX announces that JCHX will become a 19.9% shareholder in Cordoba Minerals
C$11 million JCHX investment to advance the San Matias Copper-Gold-Silver Project in Colombia
Vancouver, BC, Nov 18, 2019 - (ACN Newswire) - Eric Finlayson, President of High Power Exploration Inc. ("HPX"), announced today that JCHX Mining Management Co., Ltd. ("JCHX") will acquire a 19.9% interest in Cordoba Minerals for C$11 million, with proceeds to be used to advance Cordoba's San Matias Copper-Gold-Silver Project in Colombia.
For full details of the investment, refer to Cordoba's November 18, 2019 news release:
http://bit.ly/2CW4gKI
Mr. Finlayson said: "I am delighted that JCHX has joined HPX as a key shareholder in Cordoba. JCHX has renowned global experience in mine development and construction and we are very pleased to have them as a co-investor on the San Matias Project in Colombia. We are looking forward to advancing San Matias with a view to delivering Colombia's next major copper-gold mine."
Upon completion of the strategic investment by JCHX, HPX's ownership of Cordoba will reduce to approximately 60% from the current 75%.
About HPX
HPX is a privately-owned, U.S.-domiciled mineral exploration and development company with an operating office in Vancouver, Canada. HPX has a highly experienced board and management team led by Chairman and Chief Executive Officer Robert Friedland; Co-Chairman Egizio Bianchini, former Co-Head of the BMO Global Metals & Mining Group and Vice Chairman of BMO Capital Markets; President Eric Finlayson, a former head of exploration at Rio Tinto; and Vice President of Exploration Charles Forster, co-discoverer of the giant Oyu Tolgoi copper-gold mine in Mongolia. For further information, please visit www.hpxploration.com.
Information contact
Evan Young
Phone: +1.416.545.5371
evanyoung@ivancorp.net
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/49814
Source: High Power Exploration Inc.
Sectors: Metals & Mining, Daily Finance, Daily News
Copyright ©2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
Sumitomo Heavy Industries and NEC to develop system capable of identifying and reporting near-miss incidents
Mar 25, 2026 14:27 JST
NEC Orchestrating Future Fund Invests in U.S.-based AGI7, Provider of "Alpha Vision" Platform for Autonomous Operations of AI Agents in Physical Spaces
Mar 25, 2026 13:17 JST
Fujitsu and The University of Osaka develop new technologies for chemical material energy calculations on early-FTQC quantum computers
Mar 25, 2026 10:58 JST
HIES introduces plant-based lubricant that reduces air compressor lifecycle CO(2) emissions by 40%
Mar 24, 2026 18:07 JST
Fujitsu and Umios conduct joint pilot project for electronic traceability system to visualize seafood distribution
Mar 24, 2026 14:01 JST
Fujitsu-developed traffic simulation system utilized in Maebashi City's public transportation planning
Mar 23, 2026 14:24 JST
Hitachi Receives the 2026 Catalyst Award, a Global Recognition for Building an Inclusive Organization
Mar 23, 2026 11:49 JST
Results from Real-World, Long-Term Treatment Persistence with LEQEMBI(R) (lecanemab-irmb) in the United States Presented at AD/PD(TM) 2026
Mar 23, 2026 11:19 JST
Honda to Expand Motorcycle Production Capacity in India by Adding New Motorcycle Production Line to its Second Plant
Mar 19, 2026 18:32 JST
Honda WN7 Electric Motorcycle Wins Gold Award at iF DESIGN AWARD 2026
Mar 19, 2026 18:16 JST
Hitachi, The University of Technology Sydney and NTT DATA Sign MoU to Accelerate Green Transformation in Australia
Mar 19, 2026 18:08 JST
MHI Thermal Systems Expands Lineup of Air-to-Water Heat Pumps for the European Market
Mar 19, 2026 15:14 JST
DENSO Invests in Next Core Technologies to Enhance Performance of Electric Vehicles
Mar 19, 2026 14:25 JST
NEC Completes Design of Equipment for Technology Demonstration Satellite Aimed at Creating Japan's First Optical Communication Satellite Constellation
Mar 19, 2026 11:05 JST
Eisai: Regarding Discontinuation of Administration of "Tazverik(R) Tablets 200mg" (tazemetostat hydrobromide)
Mar 19, 2026 10:54 JST
Hitachi is recognized as one of the World's Most Ethical Companies(R) for a second consecutive year
Mar 19, 2026 10:41 JST
MHI Commends Outstanding Examples of Implementing its New Management Policy "ITO"
Mar 18, 2026 13:09 JST
FILMART and EntertainmentPulse open today
Mar 17, 2026 21:41 JST
TANAKA PRECIOUS METAL GROUP Provides Medals, Commemorative Items, and Trophies as Category Sponsor (Awards Ceremonies) for the LIGA.i Blind Soccer Top League 2025
Mar 17, 2026 21:00 JST
Eisai Established the Global Capability Centre in Visakhapatnam, India, to Standardize Global IT Infrastructure Operations and Digital Transformation
Mar 17, 2026 19:49 JST
More Latest Release >>
Related Release
High Power Exploration Announces Appointment of Experienced Guinean Mining Executive and Former Guinean Prime Minister Mamady Youla as CEO of Iron Ore Subsidiary
December 12 2019 02:30 JST
High Power Exploration receives a significant equity investment
November 20 2019 17:00 JST
High Power Exploration acquires the world-class Nimba iron ore deposit in the Republic of Guinea
September 06 2019 06:00 JST
More Press release >>