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Cordoba Grants Stock Options

Share Capital & Compensation

Cordoba Grants Stock Options

VANCOUVER, BRITISH COLUMBIA, April 17, 2020: Cordoba Minerals Corp. (TSXV:CDB;

OTCQB:CDBMF) (“Cordoba” or the “Company”) today announces that it has granted an

aggregate of 818,552 Deferred Share Units and 1,250,000 stock options to non-executive

directors pursuant to the Company’s Deferred Share Unit Plan and Stock Option Plan.

The stock options are exercisable at a price of C$0.08 per share and will vest as to one third

(1/3rd) on each of April 16, 2021, April 16, 2022 and April 16, 2023. The stock options expire on

April 16, 2025.

About Cordoba

Cordoba Minerals Corp. is a mineral exploration company focused on the exploration,

development and acquisition of copper and gold projects. Cordoba is developing the San Matias

Copper-Gold-Silver Project, which includes the Alacran Deposit and satellite deposits at Montiel

East, Montiel West and Costa Azul, located in the Department of Cordoba, Colombia. Cordoba

also holds a 25% interest in the Perseverance Copper Project in Arizona, USA, which it is

exploring through a Joint Venture and Earn-In Agreement. For further information, please visit

www.cordobaminerals.com.

Information Contact

Evan Young +1-416-545-5371

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy

of this release.