Mr. William Orchow reports

CORDOBA MINERALS GRANTS EQUITY INCENTIVE AWARDS

Pursuant to Cordoba Minerals Corp.'s stock option plan and long-term incentive plan, the board of directors have approved certain stock options and long incentive grants (RSUs) to Sarah Armstrong-Montoya, president and chief executive officer of Cordoba, to acquire up to an aggregate of 1,172,496 common shares in the capital of the company.

A total of 586,248 stock options were granted to Ms. Armstrong-Montoya and are exercisable at a price of 36 cents per common share and will vest one-third six months after the date of the grant, with an additional one-third vesting 12 months after the date of grant and the remaining one-third vesting two years after the date of grant. The stock options expire on Jan. 8, 2029.

A total of 586,248 RSUs were granted to Ms. Armstrong-Montoya, and will vest as to one-third on each of the first, second and third anniversaries of the date of the grant, and are redeemable in common shares of the company.

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.