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Cordoba Minerals applies to extend term of warrants

Share Capital & Compensation

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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.