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 satisfaction of certain other conditions discussed below.
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