Condor Resources Inc. - is pleased to provide the following updates regarding its planned exploration activities on its four highest priority exploration projects, with an initial update on COVID-19 impact to exploration. COVID-19 Update: Effective July 1st, Peru eased COVID-19 related lock down restrictions in all but seven of its regions. With the eased restrictions in Lima, Condor Exploration Peru's Lima office will [...]
Condor Resources announces, that as a result of COVID-19 lockdowns and related delays at our Peruvian exploration offices, the filing deadline of June 29, 2020 for the Company's audited annual financial statements for the fiscal year ended February 29, 2020 and the related management's discussion and analysis, as required by Part 4 and Part 5 of National Instrument 51-102: Continuous Disclosure Obligations will be [...]
Condor Resources Inc. is pleased to announce that it has closed the non brokered private placement to raise gross proceeds of $990,000, as announced in our June 2, 2020 news release. The private placement consisted of 13.2 million units priced at $0.075 per unit, with each unit consisting of one common share and one share purchase warrant. Each warrant will be exercisable into one common share for a period of three years [...]
Condor Resources Inc. - is pleased to announce that it has arranged a non brokered private placement to raise gross proceeds of up to $990,000. Closing is subject to regulatory approval, and is anticipated to occur within ten business days. The private placement will consist of 13.2 million units priced at $0.075 per unit, with each unit consisting of one common share and one share purchase warrant. Each warrant will be [...]
Condor Resources Inc. - is pleased to announce that it has closed the $200,000 private placement financing, as announced in our news release of October 30, 2019. The private placement consisted of 4 million units priced at $0.05, with each unit consisting of one common share and one warrant. Each warrant is exercisable at $0.10 into one common share for a period of three years. No commissions or finder's fees were paid in [...]
Condor Resources Inc. - is pleased to announce that it has arranged a non brokered private placement to raise gross proceeds of up to $200,000. Closing is subject to regulatory approval, and is anticipated to occur within five business days. The private placement will consist of 4 million units priced at $0.05 per unit, with each unit consisting of one common share and one share purchase warrant. Each warrant will be [...]
Condor Resources Inc. - has filed an application with the TSX Venture Exchange to extend the warrant expiry of 2,300,000 warrants until December 31, 2019, from their current expiry of July 8, 2019. The exercise price of $0.10 per share remains unchanged. The proposed amendment to the warrant expiry date is subject to regulatory approval. Condor is an active explorer focused exclusively on Peru, supplemented by a project [...]
Condor Resources Inc. - is pleased to announce that the agreement announced March 19th regarding the sale of a 1% NSR on Soledad to Chakana Copper Corp. has closed. The agreement also includes amendments to the NSR terms of the Assignment and Option Agreement of April 2017, while all other terms, including the remaining cash payments of US$5.225 million, are unchanged. The Assignment and Option Agreement grants Chakana [...]
Condor Resources Inc. - is pleased to announce that Condor and Chakana Copper Corp. have agreed to the acquisition of a 1% NSR by Chakana, and to amend the NSR terms of the assignment and option agreement of April 2017, whereby Chakana has the right to acquire a 100% interest in Condor's Soledad concessions in Peru. Condor will receive 900,000 Chakana shares and US$275,000 cash in consideration for the 1% NSR granted to [...]
Condor Resources Inc. - is pleased to announce that Mr. Geoff Woad has joined Condor's Technical Advisory Board. "We are extremely pleased to have Geoff join our technical advisory board; his experience, reputation and skill set will be a great asset to the board and management" commented Lyle Davis, Condor's President and CEO. During Mr. Woad's 34 year career with BHP he held numerous senior management roles and explored [...]
Vancouver, British Columbia - Condor Resources Inc. - is pleased to provide updates on the ongoing work programs at several of our projects. In addition to recently completed geophysics work at our Pucamayo project, and the final ‘pre- Declaración de Impacto Ambiental filing’ meetings and studies at our Huinac Punta project, there are three active drill programs underway by our partners at the Soledad, Ocros, and [...]
Vancouver, British Columbia - Condor Resources Inc. - Further to our news release of July 16th, we are pleased to announce that the additional ground geophysical surveys, consisting of IP and magnetics, has commenced at our Pucamayo East project. The primary objective of the geophysics program is to extend to the south and to the east the principal drill target, and to define additional drill targets. The program will [...]
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