Cordoba Grants Restricted Share Units and Options
TORONTO, ONTARIO--(Marketwired - Jul 31, 2017) - Cordoba Minerals Corp. ("Cordoba" or the "Company") (TSX VENTURE:CDB)(OTCQX:CDBMF) announces that it has granted an aggregate of 1,340,000 restricted share units and 150,000 stock options exercisable at a price of C$0.81 per share to non-executive directors and certain officers, employees, and consultants pursuant to the Company's Long Term Incentive Plan and its Stock Option Plan.
The options will vest as to 25% on the date of grant, with an additional 25% vesting on each yearly anniversary of the date of grant thereafter. The options expire on July 31, 2022.
About Cordoba Minerals
Cordoba Minerals Corp. is a Toronto-based mineral exploration company focused on the exploration and acquisition of copper and gold projects in Colombia. Cordoba is currently focused on the highly prospective, district-scale San Matias Copper-Gold Project located at sea level with excellent infrastructure and near operating open-pit mines in the Department of Cordoba. For further information, please visit www.cordobaminerals.com.
ON BEHALF OF THE COMPANY
Mario Stifano, President & CEO
Cordoba Minerals Corp.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.