Ms. Sarah Armstrong-Montoya reports

CORDOBA MINERALS PROVIDES UPDATE ON PROPOSED SALE OF THE ALACRAN PROJECT

Not all conditions have been satisfied by the outside date of Dec. 31, 2025, in connection with the sale of Cordoba Minerals Corp.'s remaining 50-per-cent interest in the Alacran project, along with all of the company's other exploration assets in Colombia and certain accounts receivable to be completed pursuant to the framework agreement dated May 8, 2025. The framework agreement has not been terminated and remains in effect. Cordoba will continue to pursue completion of the conditions required for closing the transaction while considering all alternatives for the advancement of the Alacran project.

For more information, please refer to the company's previously issued news releases dated May 8, 2025, June 3, 2025, Aug. 19, 2025, and Sept. 15, 2025, the company's management information circular dated Aug. 11, 2025, and the framework agreement, which are available on the company's SEDAR+ profile.

About Cordoba Minerals Corp.

Cordoba Minerals 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 51-per-cent interest in the Perseverance copper project in Arizona, United States, which it is exploring through a joint venture and earn-in agreement.

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