FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1. | Name and Address of Company |
CARDERO RESOURCE CORP. (the “Issuer”)
Suite 1920, 1188 West Georgia Street
Vancouver, B.C.
V6E 4A2
Item 2. | Date of Material Change |
August 11, 2010
Item 3. | News Release |
The date of the press release issued pursuant to section 7.1 of National Instrument 51-102 with respect to the material change disclosed in this report is August 11, 2010. The press release was issued in Vancouver, British Columbia through the facilities of the Toronto Stock Exchange, Canada Stockwatch, Market News Publishing and Marketwire.
Item 4. | Summary of Material Change |
The Issuer grants incentive stock options to certain directors, officers, employees and consultants.
Item 5. | Full Description of Material Change |
The Issuer reports that, pursuant to its 2002 Incentive Stock Option Plan, it has granted incentive stock options to certain directors, officers, employees and consultants allowing them to purchase up to an aggregate of 1,125,000 common shares in the capital stock of the Issuer. The options are exercisable at a price of CAD 1.16 for a period of two years ending August 11, 2012.
All of the Issuer’s Canadian public disclosure filings may be accessed viawww.sedar.com and its United States disclosure filings viawww.sec.gov and readers are urged to review these materials, including the technical reports filed with respect to the Issuer’s mineral properties.
Item 6. | Reliance on subsection 7.1(2) or (3) of National Instrument 51-102 |
Not applicable
Item 7. | Omitted Information |
No information has been omitted on the basis that it is confidential.
Item 8. | Senior Officer |
The following senior officer of the Issuer is knowledgeable about the material change disclosed in this report.
Hendrik Van Alphen, President & CEO
Business Telephone No.: (604) 408-7488
Item 9. | Date of Report |
August 17, 2010