Condor receives payment from Element79 Gold Corp. Condor Resources Inc. - (“Condor” or the “Company”) (TSXV:CN) announces that it has received the January 31, 2023 payment of US$100,000 from Element79 Gold Corp. (“Element79”). Element79 became the sole owner of Calipuy Resources Inc., (“Calipuy”), and assumed Calipuy’s obligations with respect to Calipuy’s agreement to acquire the shares of Condor’s subsidiary, Minas Lucero del Sur S.A.C., the owner of the Lucero project, Department of Arequipa, Peru.
The next scheduled payment of US$200,000 is due on or before March 31, 2023.