12:10 PM EST - Cardero Resource Corp. : announced that it entered into an agreement with Nanjinzhao Group Co., Ltd., whereby Cardero Hierro del Peru, S.A.C., the holder of the Pampa de Pongo Iron Property, will sell its 100% interest to Nanjinzhao for a total purchase price of US$200 million. Cardero Resource Corp.
shares T.CDU are trading up 46 cents at $1.91.
