Cordoba Minerals applies to extend term of warrants
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Cordoba Minerals applies to extend term of warrants
TORONTO, ONTARIO, February 6, 2 017: Cordoba Minerals Corp. (TSX-V:
CDB; OTCQX: CDBMF) (“Cord oba” or the “Company”) announces that it
has made an application to the TSX Vent ure Exchange (the “TSXV”) to extend
the term of its 15, 000,000 existing share purchase warrants (the “Warrants”)
that would otherwise expire on February 7, 2017. Each Warrant is currently
exercisable at C$1.50 until February 7, 2017, subject to ac celeration in the
event that the closing pr ice of the common shares of Cordoba exceeds C$2.50
for 20 consecutive trading days (the “Acceleration Provisions”). Cordoba has
made an application to extend the term of the Warrants to March 31, 2017,
subject to the Acceleration Provisions. The exercise price for the Warrants will
remain the same.
The extension of the expiry date of the Warrants has been approved by the
board of directors of Cordoba, and rema ins subject to TSXV approval. There is
no certainty an extension will be granted by the TSXV and if no extension is
received, the Warrants will expire on February 7, 2017.
ON BEHALF OF THE COMPANY
Mario Stifano, President and CEO
Cordoba Minerals Corp.
Email: [email protected]
Website: www.cordobaminerals.com
Neither the TSX Venture Exchange nor the Inve stment Industry Regulatory Organization of
Canada accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes certain “forward-looking information” within the meaning of
Canadian securities legislation. Forward-lookin g statements include predictions, projections
and forecasts and are often, but not always, identified by the use of words such as “seek”,
“anticipate”, “believe”, “plan”, “estimate”, "forecast", “expect”, "potential", "project", "target",
"schedule", budget" and “intend” and statements that an event or result “may”, “will”, “should”,
“could” or “might” occur or be achieved and other similar expressions and includes the
negatives thereof. All statements other than statements of historical fact included in this
release, including, without limitation, statements regarding the potential of the Company’s
properties are forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such statements. Forward-
looking statements are based on a number of ma terial factors and assumptions. Important
factors that could cause actual results to differ materially from Company’s expectations
include actual exploration results, changes in project parameters as plans continue to be
refined, future metal prices, availability of capital and financing on acceptable terms, general
economic, market or business conditions, uninsured risks, regulatory changes, delays or
inability to receive required approvals, and other exploration or other risks detailed herein and
from time to time in the filings made by the Company with securities regulators. Although the
Company has attempted to identify important fact ors that could cause actual actions, events
or results to differ from those described in forward-looking statements, there may be other
factors that cause such actions, events or results to differ materially from those anticipated.
There can be no assurance that forward-looking statements will prove to be accurate and
accordingly readers are cautioned not to plac e undue reliance on forward-looking statements
which speak only as of the date of this news release. The Company disclaims any intention or
obligation, except to the extent required by law, to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.