Off-market insider buying at Cardero Resource (CDU)

Off-market insider buying at Cardero Resource (V:CDU)

Robert Charles Kopple, a 10% Holder, acquired 1,785,714 Common Shares on a direct ownership basis at a price of $0.140 through a private transaction on June 13th, 2018. The insider also acquired 892,857 Warrants with an exercise price of $0.210 for 24 months. This represents a $250,000 investment into the company's shares and an account share holdings change of 9.0%.

In addition, Robert van Doorn, a Director, acquired 357,000 Common Shares and 178,500 Warrants on a direct ownership basis. This represents a $49,980 investment into the company's shares and an account share holdings change of 58.1%.

Cardero Resource is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Cardero Resource Corp. is an exploration-stage company. The Company is a junior resource mineral exploration and development company, which is engaged in the exploration of mineral properties in Canada, Argentina and the United States. The Company operates through the acquisition, exploration and development of mineral properties segment. The Company's projects include Zonia Copper Oxide Project and Carbon Creek Metallurgical Project. The Zonia Copper Oxide Project is located in Yavapai County, Arizona, the United States. The Zonia Copper Oxide Project consists of approximately 260 patented (over 100) and unpatented (approximately 180) mineral claims, and over 566.85 acres of surface rights consisting of approximately 4,279.55 acres total. These claims include lode mining claims and mill site claims, and are located in the Walnut Grove Mining District. The Carbon Creek Metallurgical Project is located in the Peace River Coalfield, northeast British Columbia.