Cardero Reports Results of Annual General Meeting held June 30, 2016
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2016) - Cardero Resource Corp. (TSX: CDU) (OTC Pink: CDYCF) ("Cardero" or the "Company") is pleased to report that all matters placed before the shareholders at the Annual General Meeting held June 30, 2016 were approved.Individual voting results pertaining to the election of directors are as follows:
| Nominee | Votes FOR | Votes Withheld |
| HENDRIK VAN ALPHEN | 20,647,532 (99.99%) | 1,470 (0.01%) |
| LEONARD HARRIS | 20,627,464 (99.90%) | 21,538 (0.10%) |
| STEPHAN FITCH | 20,627,464 (99.90%) | 21,538 (0.10%) |
| ROBERT VAN DOORN | 20,627,464 (99.90%) | 21,538 (0.10%) |
The detailed proxy voting on all resolutions submitted to the shareholders at the 2016 Annual General Meeting is contained in the "Report of Voting Results" for the AGM which is available under the Company's profile on SEDAR and on the Company's website or upon request by contacting the Company's Corporate Secretary at (604) 408-7488.
ABOUT CARDERO RESOURCE CORP.
The common shares of the Company are currently listed on the Toronto Stock Exchange (symbol CDU), the OTCBB (symbol CDYCF) and the Frankfurt Stock Exchange (symbol CR5).For further details on the Company readers are referred to the Company's web site (www.cardero.com), Canadian regulatory filings on SEDAR at www.sedar.com and United States regulatory filings on EDGAR at www.sec.gov.
On Behalf of the Board of Directors of
CARDERO RESOURCE CORP.
"Henk van Alphen" (signed)
Henk van Alphen, CEO and President
| Contact Information: General | Marla Ritchie Tel: 604 408 7488 Ext. 3886 Toll Free: 1-888-770-7488 Fax: 604 408-7499 |
This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.