Ms. Sarah Armstrong-Montoya reports

CORDOBA MINERALS GRANTS EQUITY INCENTIVE AWARDS

Cordoba Minerals Corp., pursuant to its stock option plan, long-term incentive plan and deferred share unit plan, has approved an aggregate of 256,529 stock options and 453,294 deferred share units (DSUs), to certain directors to acquire up to an aggregate of 709,823 common shares in the capital of the company:

• 256,529 stock options were granted to directors to purchase up to an aggregate 256,529 common shares of the company. The stock options are exercisable at a price of 4.55 cents per common share and will vest one-third on the date of the grant, with additional one-third vesting six months after the date of the grant, and the remaining one-third vesting one year after the date of the grant. The stock options expire five years from the date of the grant.

• 453,294 DSUs were granted to the directors, and will be redeemable upon the retirement or replacement of a director.

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, USA, which it is exploring through a joint venture and earn-in agreement.