- TSX.V: CDB $1.45
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Cordoba Minerals Announces Changes to the Board of Directors
TORONTO, CANADA, September 10, 2015: Cordoba Minerals Corp. ("Cordoba" or the "Company") (TSX-V: CDB), is pleased to announce the appointment of Ignacio Rosado and Beatriz Uribe to its Board of Directors.
Mr. Rosado is Chief Executive Officer (CEO) of Volcan Compañia Minera S.A.A, one of the world's largest producers of silver, zinc and lead with its shares publicly traded on the Peruvian stock exchange. Mr. Rosado was the former Chief Financial Officer (CFO) of Hochschild Mining plc, leading the company's US$500 million initial public offering on the London Stock Exchange in 2006. Mr. Rosado holds an MBA from the University of Michigan Business School and a B.Sc. in Economics from the Universidad del Pacifico in Peru.
Mrs. Uribe is the former CEO (1999 to 2015) of Mineros S.A., Colombia's largest publicly traded gold mining company, overseeing production growth from 75,000 ounces to approximately 200,000 ounces of gold annually. The company has operations in the department of Antioquia, Colombia, as well as in Nicaragua. Mrs. Uribe is an Economist from the Universidad de Antioquia, Colombia.
"We are delighted to have both Ignacio Rosado and Beatriz Uribe join our Board," commented Mario Stifano, CEO of Cordoba. "They each bring a wealth of experience in developing and operating mines throughout Latin America including Colombia. Their extensive leadership experience and mining knowledge will be an extremely valuable asset as we look to advance our San Matias Copper Gold Porphyry Project in Colombia."
Cordoba also announced the resignation of Ari Sussman as the Company's Chairman of the Board and a Director so that he can focus on developing Continental Gold's Inc.'s Buriticá Project.
"We would like to thank Mr. Sussman for his critical role in acquiring and consolidating the San Matias Project and his continued support of Cordoba," said Mr. Stifano.
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 currently owns 100% of the highly prospective San Matias Project located near operating open pit mines with ideal topography in Colombia's Department of Cordoba. For further information, please visit www.cordobaminerals.com.
Mario Stifano, President and CEO
Phone: +1 416-862-5253
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking 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 material 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 factors 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 place 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.