Condor Resources Inc. is pleased to announce that Crescat Capital LLC , a strategic institutional shareholder of Condor, will participate in the Company's LIFE Offering Private Placement of up to $1.5 million announced in Condor's April 14, 2025 news release. Crescat will subscribe for $500,000 of the private placement through Crescat Portfolio Management LLC on behalf of its Pooled Investment Funds. Additional insiders [...]
Condor Resources Inc. is pleased to announce a non-brokered private placement of up to 12,500,000 units of the Company at a price of $0.12 per Unit for gross proceeds of up to $1,500,000 pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions . Each Unit will consist of one common share of the Company and one-half of one non-transferable common share purchase [...]
Drilling programs at Huinac Punta and Pucamayo planned for Spring 2025 to advance our two priority exploration projects Condor Resources Inc. is pleased to provide an update on its exploration activities in Peru and ongoing discussions on other projects. With continued delays with the Pucamayo South East DIA application, the Company is shifting its focus to drill programs at Huinac Punta and Pucamayo East, which are both [...]
Condor Resources Inc. is pleased to provide a corporate update and management's outlook for the remainder of 2025. Chris Buncic, President and CEO, commented: "We expect 2025 to be a defining year for Condor. We are advancing two highly prospective precious metals projects-Pucamayo and Huinac Punta-both of which have the potential to scale to a size that could attract the interest of major mining companies. Significant [...]
Highlights: Historical drilling, geochemical and geophysical data recently obtained from a major mining company that previously controlled the Rio Bravo project confirms intersections of significant porphyry copper and molybdenum mineralization associated with a largely untested target. Three historical drill holes completed in 2012 encountered 200+ m intercepts of mineralization: DDH-01 intersected 220 m grading 0.32% Cu [...]
Condor Resources Inc. is pleased to announce that it has reached an agreement with Element79 Gold Corp. to restructure the December 2024 payment obligation related to the Lucero Project in Chachas, Arequipa, Peru. Under the agreed terms, the US$1,000,000 payment originally due in December 2024 has been restructured as follows: The payment is increased to US$1,100,000 and is due on or before June 30, 2025. As security for [...]
Condor Resources Inc. is pleased to announce the voting results of the Company's 2024 Annual General and Special Shareholders' Meeting held on December 11, 2024 at 10am PST, in Vancouver, British Columbia. A total of 32,169,685 common shares were voted at the Meeting, representing 22.79% of the votes attached to all outstanding common shares of the Company. All matters presented for shareholder approval at the Meeting [...]
Condor Resources Inc. is pleased to announce a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.15 per Unit for gross proceeds of up to $1,500,000 pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions . Each Unit will consist of one common share of the Company and one-half of one non-transferable common share purchase [...]
Condor Resources Inc. advises shareholders to vote online or by phone for the Company's upcoming annual general and special meeting scheduled for Wednesday, December 11, 2024, at 10:00 a.m. PST. Due to the ongoing postal strike in Canada and the proxy cut-off time being Wednesday, December 9, 2024, at 10:00 a.m. PST, we strongly recommend that shareholders vote by internet or submit their vote by phone. All of the [...]
Condor Resources Inc. is pleased to report that it has successfully completed the Consulta Previa process at Huinac Punta and received the final Initiation of Activities permit from the Ministry of Energy & Mines. This is a critical milestone for the Company, clearing the way for the planned exploration program at this highly prospective project. Chris Buncic, President & CEO of Condor, commented, "the completion of the [...]
Condor Resources Inc. is pleased to report that it has acquired additional exploration concessions at its Huiñac Punta high-grade silver prospect adjacent to its current project significantly expanding the property size from 2,000 to 7,200 hectares . The additional concessions acquired by uncontested application add 5,200 Ha of prospective ground to the project land package. Management believes Huiñac Punta has the [...]
Condor Resources Inc. announces that, due to non-performance, the Company has terminated the agreement with Chakana Copper Corp. that provided a framework for Chakana to acquire a 100% interest in the Company's Soledad concessions in Peru. Under the terms of the agreement initially executed in April 2017 and subsequently amended several times, Chakana was required to complete a US$1,000,000 cash payment and issue [...]