Cordoba Minerals $1.30 million Financing. Cybill Tsung Submitted Aug 10 form D

August 10, 2018 - By Duane Lopez

Cordoba Minerals Financing

Cordoba Minerals Corp., Corporation just released form D regarding $1.30 million equity financing. This is a new filing. Cordoba Minerals was able to finance itself with $1.30 million. That is 100.00 % of the financing offer. The total offering amount was $1.30 million. This form was filed on 2018-08-10. The reason for the financing was: unspecified.

Cordoba Minerals is based in Ontario – Canada. The company’s business is not disclosed. The form was filed by Cybill Tsung Chief Financial Officer. The company was incorporated more than five years ago. The filler’s address is: 181 University Avenue, Suite 1413, Toronto, A6, Ontario, Canada, M5h 3M7. Mario Stifano is the related person in the form and it has address: 181 University Avenue, Ste 1413, Toronto, A6, Ontario, Canada, M5h 3M7. Link to Cordoba Minerals Filing: 000106299318003269.

Analysis of Cordoba Minerals Offering

On average, startups in the not disclosed sector, sell 67.77 % of the total offering size. Cordoba Minerals sold 100.00 % of the offering. Could this mean that the trust in Cordoba Minerals is high? The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 57.38 % smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Businesses raise funds for different reasons and needs. The minimum investment for this offering is set at $0. If you know more about the reasons for the fundraising, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Cordoba Minerals Also

The Form D signed by Cybill Tsung might help Cordoba Minerals Corp.’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

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