Cordoba Minerals Corp. (TSXV:CDB) acquired the Alacran Copper-Gold-Silver Deposit in Colombia from Sociedad Ordinaria De Minas Omni for $14.8 million on June 30, 2020. The consideration was based on commitments given in the option agreement entered into by Cordoba Minerals on October 21, 2015, which included a $0.3 million payment to Omni on signing of the binding letter of intent and additional $0.3 payments on completion of the definitive agreement and 24-month anniversary of signing of the letter of intent; $1 million payment to Omni on the 24-month anniversary of completion of the definitive agreement; and a $13 million final payment. Cordoba Minerals completed a private placement to help finance its planned Alacran exploration program in Colombia and for general working capital purposes. Cordoba Minerals Corp. (TSXV:CDB) completed the acquisition of the Alacran Copper-Gold-Silver Deposit in Colombia from Sociedad Ordinaria De Minas Omni on June 30, 2020.