Cardero Resource 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 with World Copper Ltd. which will result in the acquisition of the Company by WCU. The Arrangement is expected to be completed on or about December 20, 2021. The [...]
Cardero Resource is pleased to announce that Cardero shareholders have overwhelmingly approved all matters voted on at the annual and special meeting held on December 10, 2021, including the approval of the previously announced plan of arrangement with World Copper Ltd. which will result in the acquisition of the Company by WCU. An aggregate of [...]
Cardero Resource acceptance, the Company will extend the due date on advances from E.L. II Properties Trust, a director of the Company in the aggregate amount of USD$294,655.20. The Company has arranged to extend the due date on the loan for one year to Nov. 13, 2022. The Company has agreed to issue in aggregate 4,301,966 non-transferable bonus [...]
Cardero Resource is pleased to announce further to its press release dated May 31, 2021, it has entered into a loan extension agreement with entities controlled by director Robert Kopple for the extension of the maturity and restructuring of $2,329,163 in loans and $1,019,836 dividends payable by Cardero to the Kopple Entities which loans and [...]
Cardero Resource is pleased to announce that it has entered an amending agreement dated June 4, 2021 to the letter agreement dated April 13, 2021 entered into with World Copper Ltd. intending to merge the businesses of the two companies. As previously announced, under the terms of the Proposed Transaction, WCU would acquire all of the outstanding [...]
Cardero Resource Corp. is pleased to announce that it has entered a letter agreement with World Copper Ltd. dated April 13, 2021 to combine the businesses of the two companies. Completion of the Proposed Transaction is subject to board approvals by both companies and shareholder approval for Cardero, and the satisfaction of certain other conditions [...]
Cardero Resource 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. The Permit is issued as a Multi-Sector General Permit and is a Stormwater Pollution Protection Permit The permit was [...]
Cardero Resource Corp. 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 FOR Votes Withheld Conversion of Preferred Shares 26,693,547 * 89,567 Amendment to Special Rights and Restrictions 49,883,370 89,567 *Excludes 23,189,823 shares [...]
Cardero Resource reports that pursuant to its news release dated August 26, 2019 announcing a non-brokered Private 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 final tranche of [...]
Cardero Resource Corp. reports that pursuant to its news release dated August 26, 2019 announcing a non-brokered Private 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 units [...]
Cardero Resource Corp. reports that pursuant to the news release dated August 26, 2019 announcing a non-brokered Private Placement and news release dated Sept. 25, 2019 and Oct. 9, 2019 extending the Private Placement, the Company has extended the closing date to Dec. 9, 2019. The common shares of the Company are currently listed on the TSXV and [...]
Cardero Resource Corp. is pleased to announce the execution of a debt settlement agreement dated Nov. 6, 2019 with Kopple Family Partnership LP and E.L. II Properties Trust which proposes certain amendments to the special rights and restrictions applicable to the Company's 12,000,000 currently outstanding preferred shares, which would, subject to [...]